Military-industrial complex

The United States and Russia Remain the Largest Arms Exporters in the World

The United States has strengthened its position as the world's leading exporter of weapons over the past five years, providing about a third of the world's arms supplies. This is reported by the Stockholm International Peace Research Institute (SIPRI), quoted by DPA.

Turkey's future relies on strong defense sector: Official

Turkey needs to be strong and establish a national defense industry, especially from its own sources, the undersecretary for defense industries said May 11.

"Therefore, our efforts will continue until we reach the best level at defense industry for our freedom and future," Ismail Demir told Anadolu Agency at the 13th International Defense Industry Fair (IDEF) in Istanbul.

Croatia Approved €101 Million of Saudi Arms Exports

Croatia's Economy Ministry approved the export of 101 million euros' worth of arms and ammunition to Saudi Arabia in 2015, according to an EU report which has yet to be formally published.

This included 87 million euros' worth of ammunition, five million euros of weapons, six million euros of protective military clothing and three million euros of weapons parts.

Bosnian Military Exports to Middle East Booming

According to the Bosnian Foreign Trade Chamber, the country's arms producers achieved profits in 2016 that were between 15 and 20 per cent higher than the year before.

The Chamber's data shows that the value of arms exports in 2016 amounted to 87.4 million euros, compared to 70 million euros in the previous year.

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