Russia overtakes Britain in global arms trade rankings

Russia overtakes Britain in global arms trade rankings

“Russian companies have experienced significant growth in their arms sales since 2011,” Sipri senior researcher Siemon Wezeman said in a statement.

Russia had 10 companies in Sipri’s list of the world’s top 100 arms-producing and military services companies in 2017, accounting for 9.5% of sales. The 10 companies’ sales totaled $37.7 billion, Sipri said.

That put Russia in second place, a position that had been held by the UK since 2002.

The United States topped the list with 42 companies and sales up by 2% to $226.6 billion – accounting for 57% of the top 100’s arms sales.

Asia Times

http://www.atimes.com/article/russia-overtakes-britain-in-global-arms-trade-rankings/

SIPRI: US armaments production booming

https://m.dw.com/en/sipri-us-dwarfs-rest-of-world-in-armaments-production/a-46658289

SIPRI: Global Military Arms Sales Totaled $398B in 2017 | ExecutiveBiz

https://blog.executivebiz.com/2018/12/sipri-global-military-arms-sales-totaled-398b-in-2017/