💣Global arms industry: First rise in arms sales since 2010, says SIPRI

💣Global arms industry: First rise in arms sales since 2010, says SIPRI.

Sales of arms and military services by the world’s largest arms-producing and military services companies—the SIPRI Top 100—totalled $374.8 billion in 2016, according to new international arms industry data released today by the Stockholm International Peace Research Institute (SIPRI).

Falling Japanese arms sales drive decline in other established producers’ total

SIPRI’s ‘other established producers’ category covers companies based in Australia, Israel, Japan, Poland, Singapore and Ukraine. The combined arms sales of companies in these countries fell by 1.2 per cent in 2016, largely driven by an overall decrease in the arms sales of Japanese companies (–6.4 per cent). Japan’s largest arms companies experienced sharp falls in 2016: Mitsubishi Heavy Industries’ arms sales decreased by 4.8 per cent, while those of Kawasaki Heavy Industries and Mitsubishi Electric Corporation declined by 16.3 and 29.2 per cent respectively.

SIPRI

https://www.sipri.org/media/2017/global-arms-industry-first-rise-arms-sales-2010-says-sipri