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The arms industry is a massive global business enterprise that never seems to lack suppliers and customers. For better or worse, an armament is a product or system designed to maim, kill, or destroy. The arms trade is the sale or barter of armaments (weapons) between two or more parties for profit. Such exchanges are generally (but not exclusively) conducted by sovereign governments and by private contractors around the world and subject to various regulations. Most of the biggest sales are state-to-state transfers of highly sophisticated weaponry, but the bulk of sales involve smaller arms and light weapons (SA/LWs).

Basic Information

The international trade in weapons is currently worth in excess of $35 billion per year. Some weapons producers are state owned. But advances in international communication ...

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