The Latest Breaking News from SIPRI

Global defense spending hit record $2.2 trillion last year.

Ukraine military spending surged by 640%, the largest annual increase ever in data by SIPRI, a think tank.

Stockholm International Peace Institute’s annual report finds UK was region’s biggest spender in 2022 at $68.5bn

Global military spending rose to a record last year as Russia's war in Ukraine drove the biggest annual increase in expenditure in Europe since the end of the Cold War three decades ago, a leading conflict and armaments think tank said on Monday.

TINIAN, Northern Mariana Islands: The tiny island of Tinian was the launch point for U.S. planes carrying atomic bombs to Hiroshima and Nagasaki in 1945. Now a new runway is being carved from the jungle, just south of World War II ruins.

Algeria’s arms imports have drastically decreased since 2018, according to a study published recently by the Stockholm International Peace Research Institute (SIPRI). The arms imports of Algeria dropped by 58 percent during the past four years. Algiers and Moscow have been preparing for a year a “strategic document” for cooperation.

Such concerns about China’s weapons sales are not new and have persisted despite Washington’s overall dominance in arms exports.

Arms imports into Europe almost doubled in 2022, becoming the world's third-largest destination, researchers said Monday. This has mostly been driven by massive shipments to Ukraine since Russia invaded just over a year ago.

A Swedish think tank says Russia’s invasion of Ukraine that led to a substantial flow of military aid to Kyiv made Ukraine the world’s third largest importer of arms in 2022