The New Voice of Ukraine

Russia has increased its number of deployed nuclear warheads for the fourth consecutive year, reaching 1,796 operational warheads as of January 2026 – the highest level since 2017, according to SIPRI’s annual World Nuclear Forces report. Russia’s total stockpile stands at 5,420 warheads, with 2,604 in storage and 1,020 retired. Ground-based ICBMs account for roughly 892 deployed warheads, while strategic bombers were dispersed to remote airfields following Ukrainian strikes in 2025.

Between 2021 and 2025, Poland was NATO's largest importer of major conventional arms. SIPRI's March 2026 data indicates an 852% surge over the preceding five-year period, and virtually none of this procurement originated in Europe: South Korea accounted for 47% of deliveries, the United States 44%, and Italy, a distant third, just 2.2%. In aggregate, Warsaw absorbed 58% of South Korea's total defense exports over those five years. This procurement baseline directly clashes with Poland's current strategy: financing rearmament via European funds governed by explicit rules designed to exclude its primary incumbent suppliers. The mechanism is Article 16 of the SAFE Regulation. The capital pool is €43.7bn, the framework's largest single national allocation. The operational consequence, already evident across eighteen months of procurement awards, is a decisive rotation of high-value workpackages (missile systems, munitions automation, and submarine design) away from Seoul and Washington toward London, Stockholm, Rome, Paris, and Oslo, while anchoring local industrial footprints within Poland. This note maps that rotation down to specific security identifiers. For institutional allocators, the central structural hurdle is that the Warsaw Stock Exchange offers virtually no direct exposure to Europe’s largest sovereign procurement cycle. Instead, the cleanest liquid expressions of the theme are diversified European primes, where Polish demand represents a material, yet unsegmented, tranche of broader order books. We identify only one genuine listed exception in Warsaw, and it is small. ### This post is for subscribers only Become a member to get access to all content Subscribe now

SIPRI will host the 2026 Stockholm Forum on the theme ‘From Rupture to Repair: New Visions for Peace and Development’.

SIPRI's latest figures, released on April 27, show that military expenditure as a share of global GDP reached 2.5% in 2025, the highest level since 2009. While the global rate of increase slowed sharply from 9.7% in 2024, the headline figure masks a much stronger rise outside the United States. Military spending excluding the US increased by 9.2% in 2025. The result is a world where governments are simultaneously investing in conventional forces, nuclear capabilities, military technology, ammunition, research and development and the industrial capacity needed to sustain prolonged conflicts. Europe emerges as the biggest driver Europe was the principal force behind the global increase. Military expenditure across the continent rose 14% to $864 billion in 2025, as the war in Ukraine entered its fourth year and European NATO members accelerated rearmament. SIPRI said the annual growth in Central and Western Europe was the sharpest since the end of the Cold War. Russia spent an estimated $190 billion, a 5.9% increase, taking its military burden to 7.5% of GDP. Ukraine, meanwhile, raised military expenditure by 20% to $84.1 billion, equivalent to an extraordinary 40% of its GDP. Ukraine ranked seventh globally among military spenders. European NATO members collectively spent $559...

This SIPRI Fact Sheet presents the latest SIPRI data on multilateral peace operations, along with analysis of developments and trends in 2025.

Die Ausgaben für militärisches Gerät steigen und steigen, sagt der Experte für Rüstungsexporte am Stockholmer Friedensforschungs-Institut. Er warnt: Ohne Diplomatie führt Abschreckung zu nichts.

News News: On the morning of August 6, 1945, the now well-known city of Hiroshima became the backdrop to perhaps the biggest transformation in modern warfare and.

Last week’s peace deal between the Syrian Armed Forces and the Syrian Democratic Forces, if it holds, may have brought the Transitional Government’s ambition of stabilizing post-revolutionary Syria on...