LONDON — BAE Systems ranked first in arms sales, leading the way ahead of Lockheed Martin and displacing Boeing, which dropped to number three in the latest ranking produced by the Stockholm International Peace Research Institute (SIPRI). The SIPRI data reflects 2008 sales. It is the first time a non-U.S. company leads the pack. According to SIPRI analyst Susan Jackson, the situation “really shows the increasing internationalization of the arms industry and the attractiveness of the U.S. ...

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