US-led global arms sales grew 8.5% in 2019, Australia top host of foreign arms companies (SIPRI)

New data from SIPRI’s Arms Industry Database shows that arms sales by the world’s 25 largest arms companies totalled US$361 billion in 2019, an 8.5 per cent increase over 2018. The top five arms companies were all based in the United States: Lockheed Martin, Boeing, Northrop Grumman, Raytheon and General Dynamics. Outside of North America and Western Europe, the largest number of foreign arms company entities are hosted by Australia (38).

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