The Stockholm International Peace Research Institute has published its list of the world’s top 100 arms manufacturers. Overall, the 100 largest defense contractors totaled $401 billion in sales 2014, though the actual number is probably even higher, because the list excludes Chinese companies “due to the lack of data.”
This is a healthy chunk of the total worldwide military expenditure during the same year, which was $1.776 trillion including China.
In other words — of every dollar that governments around the world spent on their militaries in 2014, about 23 cents ended up in the pockets of one of the 100 companies on SIPRI’s list, many of which are privately owned.
However, there are some interesting regional discrepancies. …
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