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U.S. sold $40B in weapons in 2015

Seeking Alpha logo Seeking Alpha 12/28/2016 Yoel Minkoff

The United States again ranked first in global weapons sales last year, signing deals for about $40B, although the total size of the worldwide arms bazaar dropped to around $80B in 2015 from $89B a year earlier.

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The study, "Conventional Arms Transfers to Developing Nations, 2008-2015," was prepared by the nonpartisan Congressional Research Service, a division of the Library of Congress.

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