-
World
Open follow modal
Personalized Content
World
Follow this section to personalize your feed and get instant alerts.
FollowGo to your personalized feed
WHY FOLLOW?
- Custom Feed: See the stories that matter most to you.
- Smart Alerts: Get notified about major news as it happens.
Update your preferences in Account Settings
Close
-
ARMs
Open follow modal
Personalized Content
ARMs
Follow this tag to personalize your feed and get instant alerts.
FollowGo to your personalized feed
WHY FOLLOW?
- Custom Feed: See the stories that matter most to you.
- Smart Alerts: Get notified about major news as it happens.
Update your preferences in Account Settings
Close
The U.S. Is Still No.1 at Selling Arms to the World
by
Denver Nicks
Open follow modal
Personalized Content
Denver Nicks
Follow this author to personalize your feed and get instant alerts.
FollowGo to your personalized feed
WHY FOLLOW?
- Custom Feed: See the stories that matter most to you.
- Smart Alerts: Get notified about major news as it happens.
Update your preferences in Account Settings
Close
Dec 26, 2015 5:14 PM CUT
A Kiowa Warrior helicopter hover during the United States and South Korean Joint live fire Exercise at Rodriguez Range in Pocheon, South Korea, on Apr. 11, 2014.
A Kiowa Warrior helicopter hover during the United States and South Korean Joint live fire Exercise at Rodriguez Range in Pocheon, South Korea, on Apr. 11, 2014.Chung Sung-Jun—Getty Images
by
Denver Nicks
Open follow modal
Personalized Content
Denver Nicks
Follow this author to personalize your feed and get instant alerts.
FollowGo to your personalized feed
WHY FOLLOW?
- Custom Feed: See the stories that matter most to you.
- Smart Alerts: Get notified about major news as it happens.
Update your preferences in Account Settings
Close
Dec 26, 2015 5:14 PM CUT
The United States remains the world’s preeminent exporter of arms, with more than 50 percent of the global weaponry market controlled by the United States as of 2014.
Arms sales by the U.S. jumped 35 percent, or nearly $10 billion, to $36.2 billion in 2014, according to the Congressional Research Service report, which analyzed the global arms market between 2007 and 2014.
Trailing the U.S. in weapons receipts is Russia, with $10.2 billion in sales in 2014, followed by Sweden with $5.5 billion, France with $4.4 billion and China with $2.2 billion, reports The New York Times.
The top weapons buyer in 2014 was South Korea, a key American ally, which has been squaring off with an increasingly belligerent North Korea in recent years.
Iraq was the second biggest weapons buyer, as the country seeks to build up its military capacity following the withdrawal of the bulk of American ground troops there. Brazil was the third biggest buyer, primarily of Swedish aircraft.
[NYT]