The United States remains the global leader in arms sales, while Russia has surpassed Britain to take the No. 2 spot as it attempts to modernize its military, a leading research group says.
The Stockholm International Peace Research Institute (SIPRI) said on December 10 in its annual report that the combined sales of arms and military services by U.S. companies rose 2 percent in 2017 to $222.6 billion. . . . [with Russia rising] to $37.7 billion, [an] 8.5 percent [increase] from a year earlier.