Browsing: Weapons trade

Germany plans to acquire a 40% stake in tank and weapons maker KNDS, which is currently under French control. Following an initial public offering, Germany aims to reduce its stake to 30% within two to three years while gaining rights equivalent to those of the French state.

Serbian ambassador Goran Aleksic urges critics to await the outcomes of an investigation into allegations of an illegal sonic weapon used at a recent anti-government protest in Belgrade.

In 2023, the total revenue of the world’s 100 largest weapons producers grew to $632 billion (€598 bio) a 4.2% increase from 2022. This is according to a new report from the Stockholm International Peace Research Institute SIPRI, which analyzes the business figures of the 100 biggest arms makers.