April 11, 2024

US Firms Drag Down Global Arms Sales

Last year annual weapons sales by leading US defense companies fell, contributing heavily to the top 100 global defense companies suffering a real terms revenue dip of 3.5%. The US was the chief cause of the global decline. US competitor revenues across Asia and Oceania and the Middle East saw substantial increases.

Nimitz Reaches 350K Arrested Landings

The oldest active aircraft carrier in the Navy, the USS Nimitz, reached 350,000 arrested plane landings in nearly a half-century, on Saturday, when an F/A-18F Super Hornet touched down on the deck.

Arms Sales Rise for First Time Since 2010

arms sales F-35s

Global arms sales by the world’s top 100 defense contractors rose last year for the first time since 2010,