War in Ukraine: who benefits from arms sales?

Posted

Update

Article written by

A.-C. Dagger, L. Bensimon, A. Canestraro – franceinfo

France Televisions

Since the start of the war in Ukraine, the arms sector has been booming, and some countries see it as a strategic opportunity. Decryption.

American shells leaving for Ukraine, and European weapons in the hands of Ukrainian fighters: in a context of growing tension on a global scale, the arms market is flourishing. However, the world did not wait for the war in Ukraine to rearm. In 2021, global military spending reached 190 billion euros, a record. The United States, China, India, the United Kingdom and Russia are in the lead. With the urgency of the war, the West took weapons from the stockpile in order to help Ukraine.

The United States provided 4.3 billion euros in military assistance in the first month of the conflict, and is offering another 19 billion. However, this spending effort has an interest. “That of arms sales. Europe was already one of their biggest export markets, if Europe rearms, it is quite logical that it should be primarily with American manufacturers”, analyzes Vincent Lamigeon, defense specialist at Challenges. On the world market, France is the third largest arms exporter, behind the United States and Russia.


view all magazines

Newsletter subscription

all the news in video

Receive the essentials of our news with our newsletter

Newsletter subscription

items On the same topic

Seen from Europe

Franceinfo selects daily content from European public audiovisual media, members of Eurovision. These contents are published in English or French.


source site-25

Latest