Times of Islamabad

US retains top slot in World s Arms Sales totaling 398 billions

US retains top slot in World s Arms Sales totaling 398 billions

ISLAMABAD – A Swedish-based research institute says U.S. based companiescontinued to dominate top hundred companies that sell arms and militaryservices globally in 2017.

In its latest report of global arms sales, the Stockholm InternationalPeace Research Institute said that with 42 U.S. companies listed in Top 100in 2017 which accounted for 57 per cent of total Top 100 arms sales, whichtotaled 398.2 billion U.S. dollars.