Ukraine's state-run military-industrial concern Ukroboronprom rose in the SIPRI Top 100 arms-producing and military services companies by seven positions in 2016 and ranks 77th, with the sales index at the level of $1.06 billion.
"Ukrainian company UkrOboronProm's arms sales rose by 25.1 per cent in 2016. This was mainly due to high local demand as a result of the ongoing conflict in eastern Ukraine, its absorption of the aircraft producer Antonov in 2016, and arms exports," according to SIPRI Fact Sheet, December 2017.
It is reported that arms sales of the world's 100 largest arms-producing and military services companies (the Top 100) in 2016 totaled $374.8 billion. This represents a 1.9% increase compared with 2015. This is the first year of growth in Top 100 arms sales after five consecutive years of decline.
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