Between the Russian invasion of Ukraine and a general shift in focus for many militaries towards conventional deterrence and warfighting rather than counterinsurgency operations, recent years have seen strong demand for major platforms and weapon systems. Now, with help of newly released data on 2024 exports and imports from SIPRI, I want to unpack the trends we observed in 2024 and ask what we might expect to see in 2025 as spending levels rise and trans-Atlantic tensions challenge old buying patterns.