8. Arms production

Summary

The decline in the volume of arms production
during most of the 1990s is currently levelling out in spite of
the still substantial excess capacity in the main arms-producing
countries. Instead, dominant developments in the global arms industry
now include profound structural changes, commercialization and
increased export efforts. The pace of consolidation in the US
arms industry was extremely rapid in 1996 and early 1997. In
Russia, a determined defence industrial policy is resulting in
new corporate structures and a strong concentration in fewer and
larger companies. In Europe, the restructuring process continues
at a slower rate.

Appendix 8A. The 100 largest arms-producing companies, 1995

ELISABETH SKÖNS, RENAUD BELLAIS AND THE SIPRI ARMS INDUSTRY NETWORK

Appendix 8A
contains data on the 100 largest companies in the OECD
and developing countries in 1995.