Foreign sales of military arms and equipment across the world totalled $374.8 billion in 2016, the first year of growth (by 1.9 per cent), after five years of decline. American companies had a $217.2 billion lion’s share of foreign arms sales. Seven out of ten of the world’s top arms companies were American, earning $152.1 billion, with Lockheed Martin leading with $40.8 billion.
More than a third of the weapons used by “Islamic State” in Iraq and Syria came from European Union states — including Germany, a new report has found. The data shows that deadly arms can often up in the wrong hands.