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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.

1 Top 15 arms exporters in 1999

source: Federation of American Scientists, [1]



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