Online Encyclopedia Search Tool

Your Online Encyclopedia

 

Online Encylopedia and Dictionary Research Site

Online Encyclopedia Free Search Online Encyclopedia Search    Online Encyclopedia Browse    welcome to our free dictionary for your research of every kind

Online Encyclopedia



Arms industry

(Redirected from Arms trade)

The arms industry is a massive global industry. Its products include guns, bullets, missiles, military aircraft, and their associated consumables and systems. The arms trade is the exchange of arms or weapons among two or more parties, generally but not exclusively sovereign nations.

It is estimated that yearly over 150 billion dollars (150 G$) is spent on arms.

Almost every industrialized country in the world has its own arms industry to supply its own military forces. Some countries also have a substantial trade in weapons for legal civilian use. There is an illegal trade in small arms everywhere. In addition, there is a substantial international trade in arms, both legal and illegal. Frequently, there are links between the legal arms trade and the illegal arms trade, with legally purchased weaponry being re-sold for illegal purposes.

Massive contracts for weapons are awarded by governments, making arms contracts of substantial political importance for the giver and the recipient. There are often allegations of political corruption in regard to large arms contracts.

The link between politics and the arms trade can result in the development of what General Eisenhower described as a military-industrial complex, where the armed forces, commerce, and politics become unhealthily close.

Amnesty International, Oxfam, and the International Network on Small Arms say that roughly 500,000 people are killed each year by the use of small arms, and that there are over 600 million of such arms in circulation.

Contents

Top 15 arms exporters in 1999

source: Federation of American Scientists, [1] http://www.fas.org/asmp/profiles/wmeat/WMEAT99-00/04-hl-ArmsTransfers.pdf

United States arms trade

In the US there is a distinction made between foreign military sales (FMS), where the Pentagon is used as an intermediate negotiator, and direct commercial sales (DCS), where a company directly negotiates with its buyer, in which case the company needs a license from the State Department. The Defense Department manages the excess defense articles (EDA), weapons from the US military given away or sold at bargain prices, emergency drawdowns, assistance provided at the discretion of the President, and international military education and training (IMET).

In the period from 1989 to 1996 the global value of direct commercial arms sales was US$ 257 million, of which 45% was exported from the US.

International military education and training

In fiscal year 2002 a total of 70 million US$ was spent on IMET, spread over 113 countries.

In fiscal year 2002 a total of 46 million US$ worth of drawdowns were provided to Nigeria (4 million US$), Afghanistan (2 million US$), Georgia (25 million US$), the Philippines (10 million US$) and Tunisia (5 million US$).

Defense contractors are weapon manufacturers or companies participating in weapon research and warfare simulation.

See also private military contractor.

List of major weapon manufacturers

Institutes participating in weapon research and warfare simulation

Related topics

External links

  • SIPRI report on the arms industry http://projects.sipri.se/milex/aprod/transparency.html
  • The Guardian's arms trade report http://www.guardian.co.uk/armstrade/0,10674,519643,00.html
  • List of participators of the Defence System and Equipment international conference in London, 2003 http://rts.gn.apc.org/disarm/trad.html
  • FAS's Arms Sales Monitoring Project http://www.fas.org/asmp/index.html
  • UN Department for Disarmament Affairs http://disarmament.un.org


Last updated: 02-06-2005 14:25:57
Last updated: 02-09-2005 15:13:15