German arms industry doubles in size

The German arms industry has experienced a significant upswing since Russia's invasion of Ukraine, with the number of companies in the sector recently rising to around 550. This figure represents a near doubling of the industry's size, reflecting a major shift in Germany's defense posture and industrial capacity. The growth is driven by increased demand for military equipment and a historic policy reversal by the German government to bolster its armed forces and support allies. The expansion marks a departure from decades of restrained defense spending and a cautious approach to arms exports.