TV News LIES

Monday, Mar 27th

Last update05:20:13 AM GMT

You are here News Of Special Interest Ten Companies Profiting Most from War

Ten Companies Profiting Most from War

E-mail Print PDF

WeaponsGlobal sales of arms and military services by the 100 largest defense contractors increased in 2010 to $411.1 billion, according to the Stockholm International Peace Research Institute. The increase reflects a decade-long trend of growing military spending. Since 2002, total arms sales among the 100 largest arms manufacturers have increased 60%.

The institute recently published its annual report on the leading arms producing companies in the world — SIPRI Top 100. The report identifies the largest companies in the sector and provides each company’s arms sales as a percentage of its total sales.

Based on the report, 24/7 Wall St. identified the 10 companies with the highest revenue from arms sales. These companies alone account for $230 billion — over half of all arms sales that year.

While many industries continued to suffer in 2010 as a result of the financial crisis, leaders in the arms and military services were largely unaffected. According to SIPRI arms industry expert Dr. Susan Jackson, when sales dropped, it was not because of the financial crisis. Instead, Dr. Jackson notes that loss in sales was due to “the withdrawal of foreign troops from Iraq and the subsequent expected decrease in related equipment sales.”

More...


Most Recent Related Stories...


Virginia court rules for Trump in travel ban dispute, order still halted

Virginia counrt rules in favor of Trump banA U.S. federal judge in Virginia ruled on Friday that President Donald Trump's travel ban was...

Native Americans Bring Dakota Pipeline Protest To Trump’s Doorstep

Native Americans march onWashingtonThousands of demonstrators, including members of dozens of indigenous tribes, marched through the streets of the...

Top NSA official ridicules allegation Britain spied on Trump

Deputy NSA Director Richard LedgettAllegations from the United States that British spy agency GCHQ snooped on Donald Trump during his...

Former Trump adviser Carter Page also met with Russian envoy

Carter PageWhen Russian Ambassador Sergey Kislyak traveled to the GOP convention last summer, he met with then...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!