- Tweeter
republish
Arms sales rose 4.6% globally in 2018, in a US-dominated market, according to a report by SIPRI, the Stockholm International Peace Research Institute. With $ 420 billion, the turnover of the 100 largest arms producers in the world is booming thanks to the vitality of the sector in the United States.
The US defense industry is sweeping up the world's largest arms producers, says a study released Monday (December 9th) by the Stockholm International Peace Research Institute. Its share is 59% and is up 7.2% year-on-year. A boom that can be explained in particular by the policy led by the Trump administration. Washington wants to modernize its defense and strengthen the position of its armaments industry against Russia and China.
Russia remains in second place, with 8.6% of the market, just ahead of the United Kingdom and France . The study does not take into account China, because the available data are insufficient, notes the SIPRI, but the Stockholm institute estimates however that the Middle Kingdom could count from three to seven major companies of the sector.
The first arms manufacturer remains the American Lokheed Martin, whose production represents 11% of global sales. However with a turnover of nearly $ 10 billion, Almaz Antei, the first Russian company in the Top 100, has managed to become the ninth largest in the world, thanks in particular to the exports of its S-400 air defense system.
Lastly, two European companies, Airbus and missile maker MBDA, are benefiting from increased demand due to major tensions, particularly in the Middle East.