U.S. Companies Sold $247 Billion in Weapons Last Year

Thursday, February 24, 2011
Business was absolutely booming for the American arms industry during the Great Recession; in 2009 alone, U.S. defense companies sold nearly $247 billion in weapons worldwide. The Stockholm International Peace Research Institute has determined that 45 of the top 100 arms dealers in the world were U.S.-based, including seven of the top 10. American companies were responsible for 61.5% of the sales of the top 100.
The leading American sellers of military hardware were Lockheed Martin ($33.4 billion), Boeing ($32.3 billion), Northrop Grumman ($27 billion), General Dynamics ($25.6 billion), Raytheon ($23 billion), L-3 Communications ($13 billion) and United Technologies ($11.1 billion).
Worldwide, arms sales by companies totaled $401 billion in 2009, an increase of 8% over 2008.
-Noel Brinkerhoff
The SIPRI Top 100 Arms-producing Companies, 2009 (Stockholm International Peace Research Institute)
U.S. Leads Boom in Arms Sales (by Noel Brinkerhoff, AllGov)


watchingfrogsboil 12 years ago
US Debt-to-GDP Ratio Approaching 100% as DoD Boondoggle Billions Flow to Lockheed Martin: First in Funding, First in Fraud US total debt $55.6 trillion ... US national debt $14.1 trillion ... US federal budget deficit $1.5 trillion ... US Debt-to-GDP Ratio 97% and rising ... U.S. dollar rapidly losing world reserve currency status ... as U.S. politicians bought and paid for by multinational corporations (legalized by Citizens United vs. FEC) cut education, close schools, convert asphalt roads to gravel and accelerate America's descent into oblivion just so they can dole out millions daily to Lockheed Martin and other repeat-offender federal contractors for Rube Goldberg weapons systems and myriad military and non-defense boondoggles as unnecessary, unaffordable and unjustifiable as our unending wars for oil and profit: http://watchingfrogsboil.com/dod-daily-doles-to-lockheed-martin-first-in-f

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