Post by Daniel on Feb 22, 2016 9:30:26 GMT -5
Russia has 25% of global arms sales, second only to US – study
22 Feb, 2016 RTNews
Russia and the US remain the largest arms sellers in the world, holding 58 percent of the global military market, latest research by the Stockholm Peace Research Institute (SIPRI) says. Other top exporters languish far below in the list.
The Sweden-based Stockholm Peace Research Institute (SIPRI), one of the most respected think tanks in the world, has updated its international arms sales statistics as of February 2016. The top-5 list of global arms sellers included the US, Russia, China, Germany and France.
In 2011-2015, the research says, Russia held a 25-percent share of the total arms sales market, surpassed only by the US with 33 percent. The Russian military industry has sold weapons to 50 countries, and India was its main client receiving 39 percent of all Russia’s arms transfers.
Indian armed forces are undergoing massive modernization that requires obtaining state-of-the-art military high-tech and hardware. Over the past few years, India has purchased a huge amounts of arms from Russia, most notably Ka-226T and Mi-17V5 helicopters, and naval and ground-based weapons systems.
continue reading
www.rt.com/business/333223-russia-global-arms-market/
22 Feb, 2016 RTNews
Russia and the US remain the largest arms sellers in the world, holding 58 percent of the global military market, latest research by the Stockholm Peace Research Institute (SIPRI) says. Other top exporters languish far below in the list.
The Sweden-based Stockholm Peace Research Institute (SIPRI), one of the most respected think tanks in the world, has updated its international arms sales statistics as of February 2016. The top-5 list of global arms sellers included the US, Russia, China, Germany and France.
In 2011-2015, the research says, Russia held a 25-percent share of the total arms sales market, surpassed only by the US with 33 percent. The Russian military industry has sold weapons to 50 countries, and India was its main client receiving 39 percent of all Russia’s arms transfers.
Indian armed forces are undergoing massive modernization that requires obtaining state-of-the-art military high-tech and hardware. Over the past few years, India has purchased a huge amounts of arms from Russia, most notably Ka-226T and Mi-17V5 helicopters, and naval and ground-based weapons systems.
continue reading
www.rt.com/business/333223-russia-global-arms-market/
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