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Because volume can fluctuate greatly from year to year, SIPRI tracks arms transfers in five-year periods.
The sales of weapons and military services by the 100 largest arms companies in the world totalled $597 billion in 2022, a decrease of 3.5 percent compared to 2021, according to a new report by the Stockholm International Peace Research Institute (SIPRI).
Source: https://thefrontierpost.com/despite-rising-demand-arms-sales-hampered-by-production-woes-study/