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Arms Marketing Report
December 12 , 2020
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- Stockholm International Peace Research Institute has released a report on arms market across the world.
- The U.S. arms industry accounted for 61% of sales by the world’s “Top 25” manufacturers last year, ahead of China’s 15.7%.
- China and the United States are the two biggest states in terms of global arms spending.
- For the first time, a company from the West Asia made it into the “Top 25”.
- It is ‘EDGE’ of the United Arab Emirates.
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