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Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.
Sheikh Qassem: The government’s latest decision [on the disarmament of the Resistance] is non-charter-based, and if the government continues down this path, it is not faithful to Lebanon’s sovereignty.

Global arms sales surge amid wars, regional tensions: Report

  • By Al Mayadeen English
  • Source: Agencies
  • 2 Dec 2024 09:09
3 Min Read

The world’s top 100 arms companies have recorded total sales of $632 billion, a 4.2% increase from the previous year.

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  •  Smoke billows after an Israeli airstrike on Gaza City targeted residential buildings in the Gaza Strip. (AFP - Getty Images)
    Smoke billows after an Israeli airstrike on Gaza City targeted residential buildings in the Gaza Strip. (AFP)

Global arms sales saw significant growth in 2023, driven by wars in Ukraine and Gaza and escalating tensions in Asia, with notable gains among manufacturers in Russia and the Middle East, according to a report published Monday by the Stockholm International Peace Research Institute (SIPRI).

The world’s top 100 arms companies recorded total sales of $632 billion, a 4.2% increase from the previous year. After a dip in 2022 due to supply chain issues, many arms manufacturers ramped up production to meet rising demand. For the first time, all 100 companies tracked by SIPRI surpassed $1 billion in annual sales.

"There was a marked rise in arms revenues in 2023, and this is likely to continue in 2024," said Lorenzo Scarazzato, a SIPRI researcher. Despite this growth, the demand outpaced production capacity, with companies launching recruitment drives to address the shortfall.

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Smaller manufacturers, specializing in components or systems with simpler supply chains, adapted more quickly to the heightened demand linked to the wars in Gaza and Ukraine, as well as rearmament efforts in East Asia, noted Nan Tian, Director of SIPRI's Military Expenditure and Arms Production Programme.

Among the leading players, US companies maintained dominance, accounting for half of global arms revenues. While sales for US manufacturers rose by 2.5%, giants like Lockheed Martin and RTX (formerly Raytheon Technologies) saw slight declines of 1.6% and 1.3%, respectively, due to ongoing supply chain challenges.

In Europe, arms manufacturers experienced an average sales increase of just 0.2%, as many were still fulfilling older contracts. However, demand spurred by the war in Ukraine boosted revenues for specific products like ammunition and air defense systems.

Russian arms makers saw a sharp 40% surge in sales, with state-owned Rostec achieving a 49% increase, reflecting an economy increasingly oriented toward wartime production.

Israeli companies reported record sales of $13.6 billion, a 15% increase, while Turkish arms makers, including drone producer Baykar, saw a 24% rise, fueled by defense investments in Ukraine and Turkey.

In Asia, South Korean firms led the rearmament drive with average revenue growth of 39%, followed by Japanese companies at 35%. Chinese manufacturers saw only a modest 0.7% rise in revenues, totaling $103 billion, as the country faced broader economic challenges.

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