Supply-chain issues slow global arms sales

wsj

2 min read . Updated: 07 Dec 2022, 06:46 PM IST Doug Cameron, The Wall Street Journal

Sales by the world’s 100 largest defense companies rose 1.9% last year to $592 billion, slowing from prepandemic levels and led by gains among suppliers in Europe and Asia (Photo: AP) — Sales by the world’s 100 largest defense companies rose 1.9% last year to $592 billion, slowing from prepandemic levels and led by gains among suppliers in Europe and Asia (Photo: AP)

China, Asia and Europe close gap on US companies struggling with parts and labor shortages as war in Ukraine increases demand

Supply-chain snarls are threatening to break a seven-year run of rising global arms sales, even with increasing demand from the war raging in Ukraine and simmering Taiwan-related tensions.