Sales of arms and military services by the sector’s largest 100 companies (excluding those in China) totalled $420 billion in 2018, marking an increase of 4.6 per cent compared with the previous year. This is according to new data released today by the Stockholm International Peace Research Institute (SIPRI) in the SIPRI Top 100 ranking.
The new data from SIPRI’s Arms Industry Database shows that sales of arms and military services by companies listed in the Top 100 have increased by 47 per cent since 2002 (the year from which comparable data is first available). The database excludes Chinese companies due to the lack of data to make a reliable estimate...............
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