Arms manufacturers boom despite the recession

 

Großansicht des Bildes mit der Bildunterschrift: America is the world's biggest arms manufacturer

As the world economy declined, the defense industry's top players recorded year-on-year growth of 8 percent in 2009. Most of these arms companies are based in the US and Western Europe, where the recession hit hardest.

Global arms sales passed $400 billion in 2009: think tank -- AFP
Global arms sales 'rose as recession hit' -- The Guardian
Global arms exporters unfazed by recession, says SIPRI -- UPI
Despite Recession: Top Global Arms Industry Increases Sales -- Defpro
Global Arms Industry Sales Increased During Recession -- Neon Tommy
New report shows arms sales growing despite crisis -- Bloomberg
Global Arms Spending Rose 60% From 2002 to 2009, Guardian Says -- Bloomberg