The U.S. signed weapon-sale deals worth about $40 billion last year, ranking it first in the world, according to a new congressional study. France ranked as the No. 2 arms seller, far behind with $15 billion. Developing nations continued to rank as the top buyers, led by Qatar with more than $17 billion in weapons purchases, followed by Egypt with $12 billion, and Saudi Arabia with more than $8 billion.
Despite ongoing terrorism threats, total sales in 2015 dropped to $80 billion from $89 billion the year before, "due, in part, to the weakened state of the global economy," wrote Catherine A. Theohary, a national security policy specialist at the bipartisan Congressional Research Service and author of the study.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Cautious optimism surrounds plans for the world's first nuclear fusion power plantTalking Point Some in the industry feel that the plant will face many challenges
-
2024: the year of Black country artistsIn the Spotlight Beyoncé debuted 'Cowboy Carter' at the top of the country charts, shining a spotlight on artists like Shaboozey
-
Explore new worlds this winter at these 6 enlightening museum exhibitionsThe Week Recommends Discover the estrados of Spain and the connection between art and chess in various African countries
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
