According to new data released yesterday by the Stockholm International Peace Research Institute, sales of arms and military services by the industry’s 100 largest companies totaled $531 billion in 2020—an increase of 1.3% compared with the previous year.
Nevertheless, the combined arms sales of Russian companies ranked in the Top 100 decreased from $28.2 billion in 2019 to $26.4 billion in 2020—a 6.5% decline. This marks a continuation of the downward trend observed since 2017.
Some of the sharpest declines in the top100 are also recorded by Russian companies. Important numbers by countries:
USA - $285bln, +1.9% China – $66.8bln, +1.5% Europe – $109bln Britain – $37.5bln, +6.2% Germany – $8.9bln, +1.3% Russia – $26.4bln, -6.5%.
According to Swedish analysts, the Russian decline coincided with the end of the State Armament Program 2011–20 and pandemic-related delays in delivery schedules.
Almaz-Antey and United Shipbuilding Corporation saw their arms sales fall by 31% and 11%, respectively.
According to new data released yesterday by the Stockholm International Peace Research Institute, sales of arms and military services by the industry’s 100 largest companies totaled $531 billion in 2020—an increase of 1.3% compared with the previous year.
Nevertheless, the combined arms sales of Russian companies ranked in the Top 100 decreased from $28.2 billion in 2019 to $26.4 billion in 2020—a 6.5% decline. This marks a continuation of the downward trend observed since 2017.
Some of the sharpest declines in the top100 are also recorded by Russian companies. Important numbers by countries:
USA - $285bln, +1.9% China – $66.8bln, +1.5% Europe – $109bln Britain – $37.5bln, +6.2% Germany – $8.9bln, +1.3% Russia – $26.4bln, -6.5%.
According to Swedish analysts, the Russian decline coincided with the end of the State Armament Program 2011–20 and pandemic-related delays in delivery schedules.
Almaz-Antey and United Shipbuilding Corporation saw their arms sales fall by 31% and 11%, respectively.
BY Новый Век
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But because group chats and the channel features are not end-to-end encrypted, Galperin said user privacy is potentially under threat. Now safely in France with his spouse and three of his children, Kliuchnikov scrolls through Telegram to learn about the devastation happening in his home country. The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off. The picture was mixed overseas. Hong Kong’s Hang Seng Index fell 1.6%, under pressure from U.S. regulatory scrutiny on New York-listed Chinese companies. Stocks were more buoyant in Europe, where Frankfurt’s DAX surged 1.4%. That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future.
from kr
