Global Arms Market Hits $411 Bn In 2010

F/A-18C Hornets fly over the aircraft carrier USS Carl Vinson under way in the Arabian Gulf, Feb. 23, 2012. U.S. Navy photo by Petty Officer 2nd Class James R. Evans

Think Tank Names Lockheed Martin World’s Largest Arms Producer -- RIA Novosti

Stockholm International Peace Research Institute (SIPRI), an independent international institute researching into conflicts, arms control and disarmament, named U.S. Lockheed Martin the biggest arms vendor in 2010, with sales totalling $35.7 billion.

Only three companies in the top ten of the SIPRI Yearbook 2012, based on the 2010 data, are not from the United States - U.K. BAE Systems (2nd, with sales of $32.9 billion), Europe’s EADS (7th, with sales of $16.4 billion) and Italy’s Finmeccanica (8th, with sales of $14.4 billion).

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More News On The World's Global Arms Market

Despite Weak Economies, Global Military Industrial Complex Sales Still Rising -- Forbes
Sales grew 1 per cent for top 100 arms makers in 2010: study -- Globe and Mail/Reuters
Global arms market hit $411 bn in 2010 -- AFP
Think tank: Sales-growth for arms vendors slows -- Boston.com/AP
Defense Market Survey: U.S. Firms Continue to Rule Global Arms Sales -- National Defense
Arms Sales By the Top 100 Companies Worldwide Exceed $411 Billion -- Ottawa Citizen
Swedish think tank says sales-growth for arms vendors slowed in 2010 amid Iraq withdrawals -- Washington Post
EU arms trade booming despite crisis -- EU Observer
Global arms market hits $411 billion dollars in 2010: report -- Business Recorder
Three Indian entities - HAL, BEL and OFB among world's top 100 arms manufacturers -- The Economic Times
Largest Arms Sales List Includes 11 Russian Firms -- RIA Novosti
Ten Companies Profiting Most from War -- 24/7 Wall Street

WNU Editor: The Stockholm International Peace Research Institute (SIPRI) website is here. The list of the top 100 arms merchants is here.