Global arms industry continues to boom

Posted on 18 Mar 2015 by Michael Cruickshank
The Kalashnikov rifle - a symbol of Russian arms exports. Image courtesy of Kalashnikov Group

The Stockholm International Peace Research Institute (SIPRI) has released a new report showing that the global arms industry continues to grow.

Over the 2010-2014 period, the total volume of arms exported increased 14% on the previous 5 years. The global arms industry continues to be dominated by the United States, Russia, China, Germany and France who together now make up 74% of all global arms sales. The US cemented its position as the number one player…

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