Israel's Three Defense Giants Lead World in Arms Industry
International arms transfers are going strong in the Middle East, even if they are leveling off in other regions, according to the Stockholm International Peace Research Institute, a group that monitors arms transfers.
SIPRI says its Arms Transfer Database is the only public resource that provides consistent information and estimates on all international transfers of major arms.
“International transfers of major arms stayed at the same level between 2011-15 and 2016-20,” it said in a report on Monday. “Substantial increases in transfers by three of the top five arms exporters – the USA, France, and Germany – were largely offset by declining Russian and Chinese arms exports.”
Middle Eastern arms imports increased 25%. Saudi Arabia, Qatar, and Egypt were leaders in the last four years, with Doha increasing its purchases by a whopping 361%, the report said. (JPost / VFI News)