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Contents

SIPRI Yearbook 2022

SIPRI Yearbook 2022

III. Arms-producing and military services companies, 2020

Chapter:
8. Military expenditure and developments in arms production
Source:
SIPRI Yearbook 2022
Author(s):
Nan Tian

The combined arms sales of the world’s 100 largest arms-producing and military services companies (the SIPRI Top 100) were $531 billion in 2020.1 This represents an increase of 1.3 per cent on their arms sales in 2019.2 This increase continued an uninterrupted upward trend since 2015 (see figure 8.6 and table 8.6), roughly correlating with rising global military expenditure levels. The arms sales of the Top 100 were 17 per cent higher in 2020 than in 2015 (the first year for which SIPRI included Chinese firms in its ranking).

Citation (MLA):
Tian, Nan. "8. Military expenditure and developments in arms production." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 28 Jan. 2023. <https://www.sipriyearbook.org/view/9780192883032/sipri-9780192883032-chapter-008-div1-041.xml>.
Citation (APA):
Tian, N. (2016). 8. Military expenditure and developments in arms production. In SIPRI, SIPRI Yearbook 2022: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 28 Jan. 2023, from https://www.sipriyearbook.org/view/9780192883032/sipri-9780192883032-chapter-008-div1-041.xml
Citation (Chicago):
Tian, Nan. "8. Military expenditure and developments in arms production." In SIPRI Yearbook 2022: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 28 Jan. 2023, from https://www.sipriyearbook.org/view/9780192883032/sipri-9780192883032-chapter-008-div1-041.xml
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