U.S. foreign sales increased from $26.7 billion in 2013 to $36.2 billion last year, despite increased competition for a market that hasn’t gotten much bigger. The U.S. is the biggest provider of arms in the world, controlling a bit more than 50% of the global arms export market. Russia is the next biggest supplier, with $10.2 billion, off a little from its 2013 total of $10.3 billion. Sweden, which supplies fighter planes to such countries as Brazil, was third at $5.5 billion in arms exports.
read more