Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\nKey-Points<\/h2>\n\n\n\n
The U.S. arms industry accounted for 61% of sales by the world\u2019s \u201cTop 25\u201d manufacturers last year, ahead of China\u2019s 15.7%.<\/p>\n\n\n\n
Total sales by the \u201cTop 25\u201d rose by 8.5% to $361 billion, or 50 times the annual budget of the UN\u2019s peacekeeping operations.<\/p>\n\n\n\n
Six U.S companies and three Chinese firms were in the top 10, rounded out by Britain\u2019s BAE Systems in seventh spot.<\/p>\n\n\n\n
S. companies Lockheed Martin, Boeing, Northrop Grumman, Raytheon and General Dynamics clinched the top five spots, while China\u2019s AVIC, CETC and Norinco held spots six, eight and nine. U.S. group L3Harris Technologies was in 10th place.<\/p>\n\n\n\n
For the first time, a company from the West Asia made it into the \u201cTop 25\u201d: EDGE, of the United Arab Emirates, was formed by the consolidation of some 25 defence entities in 2019.<\/p>\n\n\n\n
India, however, continues to flounder in the domestic defence production arena. It remains stuck in the position of being the world\u2019s second-largest arms importer, just behind Saudi Arabia.<\/p>\n\n\n\n
No major proposed `Make in India\u2019 project to manufacture fighter jets, diesel-electric submarines, light-utility helicopters, minesweepers or infantry combat vehicles has actually taken off in the last six years.<\/p>\n","protected":false},"excerpt":{"rendered":"
According to the report by the Stockholm International Peace Research Institute (SIPRI) U.S. and Chinese companies dominated the global arms market in 2019, while West Asia made its first appearance among the 25 biggest weapons manufacturers. Daily Current Affairs Quiz 2020 Key-Points The U.S. arms industry accounted for 61% of sales by the world\u2019s \u201cTop […]<\/p>\n","protected":false},"author":404,"featured_media":34676,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1364],"tags":[],"class_list":["post-34675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-december-2020"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/404"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=34675"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34675\/revisions"}],"predecessor-version":[{"id":34677,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/34675\/revisions\/34677"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/34676"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=34675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=34675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=34675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}