Credit: Samuel King Jr.
The value of international arms transfers around the globe grew by about 65% from 2007 to 2017, reaching $195 billion in 2017 alone, according to the U.S. State Department. The trade in international weapons peaked in 2012 at $206 billion, according to the 37th edition of “World Military...
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Global Arms Transfers Value Grew 65% From 2007-2017—State Dept. is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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