Russia overtakes UK to become world´s second biggest arms producer
Russia overtakes UK to become world´s second biggest arms producer
Russia has replaced the UK as the world's second biggest arms producer − but the US continues to dwarf even its closest competitors, a think tank revealed on Monday.

Sales from the top 100 arms-producing companies totalled $398.2 billion (€348.4 billion) in 2017, according to the Stockholm International Peace Research Institutute (SIPRI).

It is the third year in a row that arms sales have grown, with this year's total representing a 2.5 per cent rise on 2016 and a 44 per cent increase on 2002.

For details: https://bit.ly/2E9MCFn
Record Date : 11.12.2018
This page has been visited 367 times.