chinese guns

Still Leading Pack, US Arms Exporters Extract Increasing Profits From Foreign Conflict Zones

As the number-one exporter of major arms world-wide, the United States is extracting ever-increasing profits from the global rise in war and military escalation, a new study by Stockholm International Peace Research Institute (SIPRI) finds. Between 2010 and 2014, global conventional weapons transfers jumped 16 percent as compared to 2005-2009, the researchers found. The U.S. alone accounted for 31 percent of international …

war profiteering

US Weapons Exporters Lead World in War Profiteering

U.S. weapons exporters lead the world in profits from the booming military arms and equipment business, driven by rising tensions and conflict around the world, according to a new report from London-based analysts. The annual study by IHS Inc.—which looks at military markets in 65 nations, excluding small arms, munitions, and surveillance programs—finds that the United States is behind one-third of all …