US strides ahead of competition in global arms sales results
Lockheed Martin's F-35 fifth-generation fighter jet is in high demand from US services and export customers alike. (Photo: USAF)
A new report from the Stockholm International Peace Research Institute has revealed the extent to which US manufacturers dominate global arms sales.
US manufacturers led the way in 2020 global arms sales, with 41 manufacturers from the region generating a total of $285 billion, an increase of 1.9% compared to 2019, according to a new report from the Stockholm International Peace Research Institute (SIPRI).
Figures released in the report also show that sales of military equipment by the world’s top 100 arms sellers rose to $531 billion in 2020, an increase in real terms of 1.3% against SIPRI data from 2019.
‘The US continues to see steady, high investment in military spending and consequently develop its arms industry in much the same
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Taiwan approved for purchase of $11 billion in weapons from US]()
Taiwan approved for purchase of $11 billion in weapons from US
The US State Department’s approval of a multi-billion-dollar sale of weapons to Taiwan includes tactical mission networks equipment, uncrewed aerial systems, artillery rocket systems and self-propelled howitzers as well as anti-tank guided missiles.
-
![US National Security Strategy prioritises advanced military capabilities and national industry]()
US National Security Strategy prioritises advanced military capabilities and national industry
The 2025 NSS has emphasised investment in the US nuclear and air defence inventory and national industry, but it leaves multiple unanswered questions on how the White House will implement this approach.
-
![Canada set to look away from its neighbour and across the Atlantic for partners]()
Canada set to look away from its neighbour and across the Atlantic for partners
While non-EU UK struggles to join the Security Action for Europe initiative, which provides loans for defence programmes, Canada has become the first country outside Europe to get access – and did so for a nominal fee.
-
![NATO experiments with solutions to integrate networks, AI and uncrewed systems]()
NATO experiments with solutions to integrate networks, AI and uncrewed systems
During the latest edition of the NATO DiBaX, the alliance tested multiple capabilities to inform requirements for future efforts.
