Economics of Arms
It is estimated that today some 2.7% of world GDP ($1.5 trillion) is spent on arms. In 2014 Lockheed Martin, the US defence contractor, had revenues of $45 billion the equivalent of the GDP of Tunisia. This book explores the business behind these breathtaking figures and explains how the arms industry makes its money.
The book begins by defining the industry, explaining why the sector is importan...
It is estimated that today some 2.7% of world GDP ($1.5 trillion) is spent on arms. In 2014 Lockheed Martin, the US defence contractor, had revenues of $45 billion the equivalent of the GDP of Tunisia. This book explores the business behind these breathtaking figures and explains how the arms industry makes its money.
The book begins by defining the industry, explaining why the sector is importan...
