![The arms sales of the SIPRI
Top 100 arms-producing and military services companies (excluding China) totalled $401 billion in 2014. This is the fourth consecutive year of decline in Top 100 arms sales.]()
Sales of arms and military services by the largest arms-producing companies totalled $401 billion in 2014. The global slowdown in arms sales between 2013 and 2014 is mostly attributed to a decline of 5.2 per cent in revenues of companies based in the United States and Western Europe. Lockheed Martin, has bucked the regional trend with a 3.9 per cent growth in real terms Despite difficult national economic conditions, the Russian arms industry’s sales continued to rise in 2014.