A Swedish-based research institute says U.S. based companies continued to dominate top hundred companies that sell arms and military services globally in 2017.

In its latest report of global arms sales, the Stockholm International Peace Research Institute said that with 42 U.S. companies listed in Top 100 in 2017 which accounted for 57 per cent of total Top 100 arms sales, which totaled 398.2 billion U.S. dollars.