EUROPE IMPORTER OF WEAPONS FOR THE FIRST TIME SINCE 1960: Arms procurement increased by 210% due to the war in Ukraine, global conflicts, and security instability

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EUROPE IMPORTER OF WEAPONS FOR THE FIRST TIME SINCE 1960: Arms procurement increased by 210% due to the war in Ukraine, global conflicts, and security instability

TL;DR

  • Europe's arms imports have reached their highest level since 1960.
  • There has been a 210% increase in arms procurement.
  • Key drivers for this surge include the war in Ukraine, other global conflicts, and general security instability.