Arms companies are running out of stock. Global defense calls increase as geopolitical tensions worsen. “There are more than 50 active conflicts right now“, reported Nicolás Marchal, director of the Department of Security and Defense of the University of Nebrija. Since the beginning of the war in Ukraine, orders have grown by 10%.
The problem is found when demand increases, but supply does not. The reasons, as described by Marchal, are the “shortage of materials” or the “increase in the defense budgets of countries to acquire material.” For example, for the manufacture of a Nassam missile there are more than 1,000 companies involved. “It has titanium, aluminum, explosive charges with chemicalsmany electronic components…”, details the expert.
Waiting lists of more than two years have thus been generated, something that has not been seen since the Korean War in 1950. “Industries that are dedicated to this are prepared for moments of peace or conflict, but not high tension as we have.” today,” said Nicolás Marchal. In 2022, Arms spending exceeded 777 billion dollarsand in just six months of 2023 that maximum was equaled.
“We are highly dependent on third countriess”, concluded the director of the Department of Security and Defense of the University of Nebrija. The real winners of the war, without a doubt, are the arms companies.
Source: Lasexta

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