This is according to a report by the Stockholm International Peace Research Institute (SIPRI) on the 100 most important arms manufacturers worldwide. Their revenues from the sale of weapons and military services amounted to $679 billion (582 billion) last year. This represents an inflation-adjusted increase of 5.9% compared to 2023. Even then, increasing geopolitical tensions and, above all, the war in Ukraine had led to increased demand for arms. In 2024, this trend accelerated even further.
"in the dead of night, in fair weather or foul, to go to dangerous places to find those who would do our nation harm, and deliver justice on behalf of the American people in close and brutal combat if necessary," Hegseth said. "In this profession," he went on, "you feel comfortable inside the violence so that our citizens can live peacefully. Lethality is our calling card, and victory our only acceptable end state."