Posted: 24.03.2023 14:45:00

Kiev’s needs increased turnover of global arms manufacturers by 75%

Ten major arms companies in the United States and Europe increased their turnover by 7.5 percent in Q4 2022 due to the growing needs of Ukraine, Pais reports

Photo: www.reuters.com

According to the publication, the last quarter of 2022 was a period when ‘slowly maturing’ and slowly executing contracts finally began to influence the reporting of global manufacturers of weapons and ammunition.

"Arms companies now have a promising future. Ukraine consumes more than 10,000 artillery shells a day, and Western factories fail to keep up with it," the source said.