SIPRI (Stockholm International Peace Research Institute) on December 7 published new data showing that sales of arms and military services by the sector’s largest 25 companies totalled US$361 billion in 2019, 8.5 per cent more than in 2018. The largest companies have a geographically diverse international presence.
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| Siemon Wezeman, Senior Researcher at SIPRI, said: ‘The Chinese and Russian arms companies in the top 15 have only a limited international presence (Picture source: Army Recognition) |
