Arms industry: GK, Current Affairs, Questions, Trivia and News

A 5% increase in the global arms sales – SIPRI

According to a new report by Stockholm International Peace Research Institute (SIPRI), in 2018, the global arms sale has increased by 5% in the market dominated by the US. As per the report, the turnover of the top 100 of the biggest arms manufacturers is 420 billion USD. The US arms manufacturers alone account for ..

Saudi Arabia becomes largest arms importer in 2014–18

According to the premier Stockholm International Peace Research Institute (SIPRI)’s latest report, a total of 155 countries imported major arms in 2014–18. Saudi Arabia was the world’s largest arms importer from 2014-18, which accounted for 12% of the total imports during the period. While, India at 2nd spot accounted for 9.5% of the global total. ..

Russia emerged as World’s No.2 arms producer, as per latest Swedish think tank Stockholm International Peace Research Institute (SIPTI) report

As per latest Swedish think tank Stockholm International Peace Research Institute (SIPTI) annual report, Russia has emerged as the world’s second-largest arms producer after the United States. Russia surpassed Britain, which had held that spot since 2002 and remains Western Europe’s No. 1 arms maker. According to the report on the world’s 100 biggest armaments ..