Ukraine has risen in the ranking of the largest sellers of weapons

In the ranking of the largest companies producing weapons, the Ukrainian state enterprise Ukroboronprom was on the 77th place.

In 2016, the global arms market for the first time in the last five years has increased, according to data of the Stockholm Institute for peace studies (SIPRI).

In the ranking of the largest companies producing weapons, the Ukrainian state enterprise Ukroboronprom was on the 77th place. In 2015 Ukroboronprom was in 84th place.

Sales of Ukroboronprom for the year 2016, according to the study, amounted to $1.06 billion

In 2016 the total volume of arms sales by American companies included in the ranking, grew by 4% to $217,2 billion Reasons for growth were US military operations abroad, and the acquisition of major weapons systems to other countries.

The sale of weapons Lockheed Martin is the world’s largest arms manufacturer, grew 10.7 percent in 2016, what was the decisive factor in the increase in the share of the USA to 57,9% in total sales in the ranking of SIPRI Top 100.

The US share market Top 100 57.9%. Second place in the list of leaders in the arms trade is a Western European country and the third – Russia, its proportion is 7.1% of total global sales. Total turnover of the ten largest Russian arms manufacturers grew by 3.8% to us $26.6 billion.

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