- It was released by the Stockholm International Peace Research Institute (SIPRI) on 1 December 2025.
- The report ranks the world’s 100 largest arms-producing companies based on their 2024 revenues.
- Global arms revenues reached a record USD 679 billion in 2024, showing a 5.9% increase year-on-year.
- Three Indian Public Sector Undertakings (PSUs) featured: Hindustan Aeronautics Limited (HAL – Rank 44), Bharat Electronics Limited (BEL – Rank 58), and Mazagon Dock Shipbuilders Limited (MDL – Rank 91).
- The top companies were Lockheed Martin, RTX (Raytheon Technologies), and Northrop Grumman from the USA.
- The report highlights regional trends and long-term growth (26% between 2015–2024) in global arms sales.
Question:
Q.1 Which Indian public sector undertaking ranked highest in “The SIPRI Top 100 Arms-Producing and Military Services Companies, 2024” report?a) Bharat Electronics Limited
b) Mazagon Dock Shipbuilders Limited
c) Hindustan Aeronautics Limited
d) Bharat Dynamics Limited
Answer: c) Hindustan Aeronautics Limited (HAL) secured the highest Indian rank at 44th position.
