Monday, December 12, 2016

U.S. Companies Continue To Dominate The Global Arms Trade

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Forbes: U.S. Companies Dominate The Global Arms Trade [Infographic]

According to new data on the international arms industry released by the Stockholm International Peace Research Institute (Sipri), the world's top 100 arms companies sold $370.7 billion worth of military equipment in 2015. Despite a 2.9 percent decrease on 2014, companies in the United States continue to dominate the trade, with 2015 sales amounting to $209.7 billion.

Arms sales by Western European countries increased 6.6 percent to $95.7 billion while Russian firms sold $30.1 billion of military merchandise. The following infographic shows the top-10 arms companies in 2015, a list dominated by U.S. producers. Lockheed Martin is the largest arms producer in the world, according to Sipri, with its military sales amounting to $36.4 billion last year. Boeing came second with $28 billion while BAE Systems from the UK rounded off the top-three with $25.5 billion. China was excluded from the research due to a lack of comparable and sufficiently accurate data.

Read more ....

WNU Editor: Expectations are that for US. arms makers .... the good times are going to last for a very long time. The only cloud on the horizon is what Presdient-Elect Trump may do when he assumes office .... What Will a Trump Administration Mean for U.S. Arms Sales to the Middle East? William D. Hartung( National Interest). My prediction .... nothing is going to change.

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