According To A New Report Weapons Companies From The US And China Dominated The Global Arms Market In 2019

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Title : According To A New Report Weapons Companies From The US And China Dominated The Global Arms Market In 2019
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According To A New Report Weapons Companies From The US And China Dominated The Global Arms Market In 2019


DW: US, China ruled global arms market in 2019: SIPRI 

Weapons companies from the US and China dominated the global arms market in 2019, according to a new report. 

Meanwhile, the Middle East entered the list of the world's 25 biggest arms manufacturers for the first time. 

The US and China carried the weight of the global arms market in 2019, while the Middle East made its debut among the "top 25" weapons manufacturers, according to a report by the Stockholm International Peace Research Institute (SIPRI). 

US-based arms companies took the top five spots in 2019, with Lockheed Martin, Boeing, Northrop Grumman, Raytheon and General Dynamics recording a total of $166 billion (€137 billion) in annual arms sales, the data released by the Sweden-based think tank on Monday showed. 

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