U.S. Foreign Arms Sales Are 78% of Global Market

As per news article on august 26, 2012 in NYT:

Overseas weapons sales by the United States totaled $66.3 billion last year, or nearly 78 percent of the global arms market, valued at $85.3 billion in 2011. Russia was a distant second, with $4.8 billion in deals.

Sales to Saudi Arabia last year also included dozens of Apache and Black Hawk helicopters, all contributing to a total Saudi weapons deal from the United States of $33.4 billion, according to the study.

The United Arab Emirates purchased a Terminal High Altitude Area Defense, an advanced antimissile shield that includes radars and is valued at $3.49 billion, as well as 16 Chinook helicopters for $939 million.

Oman bought 18 F-16 fighters for $1.4 billion.

To read complete news story click link below;

http://www.nytimes.com/2012/08/27/world/middleeast/us-foreign-arms-sales-reach-66-3-billion-in-2011.html?hp

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.