Arms sales to fall next year for the first time

Next year, for the first time, arms sales are to decline, says Jane’s. A weakening defence export order backlog points to a contraction in the market by 2018. Defence trade deliverables grew substantially in 2016. Markets expanded by $4.3 billion to hit $62.5 billion, as imports rose despite global defence spending falling between 2010 and ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/504513-2017-07/