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Why the World’s Top 5 Arms Sellers are All American
Some will hail it as a triumph of American capitalism.
Some will hail it as a triumph of American capitalism. Others will say that it is a bloodstained badge of shame. But either way, the world’s top five arms manufacturers are all American companies.
The top 100 defense companies accounted for $420 billion in 2018, up 4.6 percent from 2017 and 47 higher than in 2002, according to the Stockholm International Peace Research Institute, which publishes a list of the world’s top 100 arms vendors by annual sales.
“The growth in total Top 100 arms sales in 2018 was primarily driven by increases in sales by the highest-ranked companies specifically the top five companies, all of which are based in the United States,” SIPRI said. “The growth in Top 100 arms sales in 2018 can be correlated to increases in global military expenditure, particularly the rise in U.S. spending from 2017 to 2018.”
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