The last word in armaments! (4)
I believe the answer is:
amen
'the last word' is the definition.
(last word in a prayer)
'in armaments' is the wordplay.
'in' says the answer is hidden in the clue.
'AMEN' is hidden within 'armaments'.
(Other definitions for amen that I've seen before include "Prayer ending" , "Last word of prayer" , "So let it be" , "Word of agreement" , "Word at the end of a prayer" .)