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- Arms_industry abstract "The arms industry is a global business that manufactures weapons and military technology and equipment. It consists of commercial industry involved in research and development, engineering, production, and the service of military material, equipment, and facilities. Arms producing companies, also referred to as defense contractors or military industry, produce arms mainly for the armed forces of states. Departments of government also operate in the arms industry, buying and selling weapons, munitions and other military items. Products include guns, ammunition, missiles, military aircraft, military vehicles, ships, electronic systems, and more. The arms industry also provides other logistical and operational support.It is estimated that yearly, over 1.5 trillion United States dollars are spent on military expenditures worldwide (2.7% of World GDP). This represents a decline from 1990 when military expenditures made up 4% of world GDP. Part of this goes to the procurement of military hardware and services from the military industry. The combined arms sales of the top 100 largest arms producing companies amounted to an estimated $395 billion in 2012 according to Stockholm International Peace Research Institute (SIPRI). In 2004 over $30 billion were spent in the international arms trade (a figure that excludes domestic sales of arms). According to SIPRI, the volume of international transfers of major weapons in 2010–14 was 16 per cent higher than in 2005–2009. The five biggest exporters in 2010–14 were the United States, Russia, China, Germany and France, and the five biggest importers were India, Saudi Arabia, China, the United Arab Emirates (UAE) and Pakistan. The arms trade has also been one of the sectors impacted by the credit crunch, with total deal value in the market halving from US$32.9 billion to US$14.3 billion in 2008.Many industrialized countries have a domestic arms industry to supply their own military forces. Some countries also have a substantial legal or illegal domestic trade in weapons for use by its citizens. An illegal trade in small arms is prevalent in many countries and regions affected by political instability. The Small Arms Survey estimates 875 million small arms in circulation worldwide, produced by more than 1,000 companies from nearly 100 countries.Contracts to supply a given country's military are awarded by the government, making arms contracts of substantial political importance. The link between politics and the arms trade can result in the development of what U.S. President Dwight D. Eisenhower described as a military-industrial complex, where the armed forces, commerce, and politics become closely linked, similarly to the European defence procurement. Various corporations, some publicly held, others private, bid for these contracts, which are often worth many billions of dollars. Sometimes, such as the contract for the new Joint Strike Fighter, a competitive tendering process takes place, where the decision is made on the merits of the design submitted by the companies involved. Other times, no bidding or competition takes place.".
- Arms_industry thumbnail MunitionsWorkersToronto.jpg?width=300.
- Arms_industry wikiPageExternalLink Top100.
- Arms_industry wikiPageExternalLink defenseindustrialbase.blogspot.com.
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- Arms_industry wikiPageExternalLink disarmament.
- Arms_industry wikiPageExternalLink arms-trade.
- Arms_industry wikiPageExternalLink defence_industry_guide.pdf.
- Arms_industry wikiPageExternalLink www.caat.org.uk.
- Arms_industry wikiPageExternalLink www.controlarms.org.
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- Arms_industry wikiPageExternalLink details.asp?isbn=9781841137469.
- Arms_industry wikiPageExternalLink global-arms-trade.html.
- Arms_industry wikiPageExternalLink production.
- Arms_industry wikiPageExternalLink www.spadeindex.com.
- Arms_industry wikiPageExternalLink art-2008-03-12-01-en.html.
- Arms_industry wikiPageExternalLink www.viktorbout.net.
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- Arms_industry wikiPageWikiLink Airbus_Group.
- Arms_industry wikiPageWikiLink Aircraft_carrier.
- Arms_industry wikiPageWikiLink Ammunition.
- Arms_industry wikiPageWikiLink Amnesty_International.
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- Arms_industry wikiPageWikiLink Arms_Trade_Treaty.
- Arms_industry wikiPageWikiLink Arms_control.
- Arms_industry wikiPageWikiLink Arms_deal.
- Arms_industry wikiPageWikiLink Arms_embargo.
- Arms_industry wikiPageWikiLink Arms_trafficking.
- Arms_industry wikiPageWikiLink Artillery.
- Arms_industry wikiPageWikiLink BAE_Systems.
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- Arms_industry wikiPageWikiLink Battle_of_Tsushima.
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- Arms_industry wikiPageWikiLink Biological_Weapons_Convention.
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- Arms_industry wikiPageWikiLink Brazil.
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- Arms_industry wikiPageWikiLink Category:Arms_control.
- Arms_industry wikiPageWikiLink Category:Arms_trafficking.
- Arms_industry wikiPageWikiLink Category:Industries.
- Arms_industry wikiPageWikiLink Category:Military-industrial_complex.
- Arms_industry wikiPageWikiLink Category:Military_comparisons_lists_of_countries.
- Arms_industry wikiPageWikiLink Category:Military_industry.
- Arms_industry wikiPageWikiLink Category:Weapons.
- Arms_industry wikiPageWikiLink Category:Weapons_manufacturing_companies.
- Arms_industry wikiPageWikiLink Category:Weapons_trade.
- Arms_industry wikiPageWikiLink Chemical_Weapons_Convention.
- Arms_industry wikiPageWikiLink Cold_War.
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- Arms_industry wikiPageWikiLink Control_Arms_Campaign.
- Arms_industry wikiPageWikiLink Conventional_weapon.
- Arms_industry wikiPageWikiLink Costa_Rica.
- Arms_industry wikiPageWikiLink Credit_crunch.
- Arms_industry wikiPageWikiLink Cyber-arms_industry.
- Arms_industry wikiPageWikiLink DARPA.
- Arms_industry wikiPageWikiLink Dassault_Aviation.
- Arms_industry wikiPageWikiLink Denial-of-service_attack.
- Arms_industry wikiPageWikiLink Developed_country.
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- Arms_industry wikiPageWikiLink Disarmament.
- Arms_industry wikiPageWikiLink Dwight_D._Eisenhower.
- Arms_industry wikiPageWikiLink Early_modern_period.
- Arms_industry wikiPageWikiLink Electronics.
- Arms_industry wikiPageWikiLink Elswick_Ordnance_Company.
- Arms_industry wikiPageWikiLink Engineering.
- Arms_industry wikiPageWikiLink Esquipulas_Peace_Agreement.
- Arms_industry wikiPageWikiLink Eurofighter_Typhoon.
- Arms_industry wikiPageWikiLink European_Council.
- Arms_industry wikiPageWikiLink European_multilateral_defence_procurement.
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- Arms_industry wikiPageWikiLink Fighter_aircraft.
- Arms_industry wikiPageWikiLink Finmeccanica.
- Arms_industry wikiPageWikiLink France.
- Arms_industry wikiPageWikiLink General_Dynamics.
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- Arms_industry wikiPageWikiLink Guns_versus_butter_model.
- Arms_industry wikiPageWikiLink Handgun.
- Arms_industry wikiPageWikiLink History_of_military_technology.
- Arms_industry wikiPageWikiLink IANSA_(NGO).
- Arms_industry wikiPageWikiLink Imperial_Japanese_Navy.
- Arms_industry wikiPageWikiLink Industry.