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Arms Manufacturers Losing Money But Still Making Billions
18 February 2013
Yahoo (America) / Associated Press
STOCKHOLM — The world's largest arms vendors are expanding in the cybersecurity sector as austerity measures weigh on sales of traditional weapons, a Swedish peace research institute said Monday.
Sales by the 100 largest arms producing companies, excluding Chinese companies, fell by 5 percent to $410 billion in 2011, the Stockholm International Peace Research Institute said in its annual review of the industry.
The drop was mainly due to austerity measures and the... (GunPolicy.org)