Tag Archives: Stockholm International Peace Research Institute

Global Arms Spending on the Rise

According to the Stockholm International Peace Research Institute’s annual report on world arms transfers, global arms spending was up by 4 percent last year.  The United States retained its position as the top spender on military procurement by a significant margin, over second place China.  In total, “the U.S. accounted for nearly 42 percent” of the $1.46 […]