Led by U.S. Weapons Makers, Global Arms Sales Soared in 2016: Analysis

With U.S. weapons makers leading the way, and after five consecutive years of decline, sales among the world"s 100 largest arms producers rose in 2016, garnering nearly $375 billion in profits, according to a new analysis of industry data by the Stockholm International Peace Research Institute (SIPRI). "The growth in arms sales was expected and was driven by the implementation of new national major weapon programs, ongoing military operations in several countries, and persistent regional tensions that are leading to an increased demand for weapons," according to a SIPRI fact sheet (pdf).