https://sputnikglobe.com/20230313/kievs-need-for-weapons-increased-turnover-of-western-manufacturers-by-75-media-reports-1108345131.html
Kiev’s Need for Weapons Increased Turnover of Western Manufacturers by 7.5%, Media Reports
Kiev’s Need for Weapons Increased Turnover of Western Manufacturers by 7.5%, Media Reports
Sputnik International
The ten largest arms companies in the United States and Europe increased their turnover by 7.5% in the last quarter of 2022 due to the growing needs of Ukraine, a Spanish news outlet reported on Monday.
2023-03-13T14:03+0000
2023-03-13T14:03+0000
2023-06-19T12:48+0000
military
rheinmetall
ukrainian crisis
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At the moment, the arms manufacturers have a promising future, as Kiev's regime needs a huge amount of weapons to confront Russia, the newspaper reported. In addition, the news outlet cited the intention of German arms manufacturer Rheinmetall to buy Expal, a leading ammunition manufacturer in Spain, as an example of the expanding arms industry. The German company's offer amounts to about 1.2 billion euros ($1.28 billion), the newspaper said, citing sources, adding that two years ago Expal was worth half as much.
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Kiev’s Need for Weapons Increased Turnover of Western Manufacturers by 7.5%, Media Reports
14:03 GMT 13.03.2023 (Updated: 12:48 GMT 19.06.2023) MOSCOW (Sputnik) - The ten largest arms companies in the United States and Europe increased their turnover by 7.5% in the last quarter of 2022 due to the growing needs of Ukraine, a Spanish news outlet reported on Monday.
At the moment, the arms manufacturers have a promising future, as Kiev's regime needs a huge amount of weapons to confront Russia, the newspaper reported.
In addition, the news outlet cited the intention of
German arms manufacturer Rheinmetall to buy Expal, a leading ammunition manufacturer in Spain, as an example of the expanding arms industry.
The German company's offer amounts to about 1.2 billion euros ($1.28 billion), the newspaper said, citing sources, adding that two years ago Expal was worth half as much.
