$40 Billion of Weapons Sold in 2015 by the U.S.

With decades of imperialist meddling around the world and a culture defined by hyper-militarism, it's no surprise the United States yet again topped the list for global weapons sales previous year, signing deals worth about US$40 billion, according to a new congressional study.

However, developing nations purchased less on the whole in 2015, buying $65 billion worth of weapons compared to $79 billion the year before.

Up and coming nations are the best customers in 2015, with 17 billion coming from Qatar, 12 billion from Egypt and Saudi Arabia with 8 billion.

The report titled "Conventional Arms Transfers to Developing Nations, 2008-2015" also revealed that the US government's global weapons agreements values increased to $40.2 billion in 2015 from $36.1 billion in 2014, the Federation of American Scientists said December 21. The annual review is considered the most comprehensive assessment of global arms sales available in an unclassified form.

US weapons sales increased by around $4 billion and France's deals increased by well over $9 billion.

Russian Federation and France tied for second place, totaling $6.2 billion each.

Despite global tensions and terrorism, the total size of the global arms trade dropped about $9 billion from the 2014 total of $89 billion, the study found.

From 2008 to 2015, developing countries comprised of 80.39 percent of all arms agreements worldwide with a slight increase in 2015 at 81.70 percent. The four major Western European suppliers (France, the United Kingdom, Germany, and Italy) placed second as a whole, with 27 percent. Next were South Korea, Pakistan, Israel, the United Arab Emirates and Iraq.

According to security policy specialist Catherine A. Theohary, she states that the biggest buyers for arms have resorted to limiting the amount and budget of arms deals, as a direct effect from their local budget conflicts.

China sold $6 billion worth of arms in 2015, almost double than in 2014.

Instead of purchasing more arms, the top buyers seek interest in channeling their money towards advanced trainings, support services, and to upgrade the existing weapon and defense systems that they now possess.

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