Sunday, July 10, 2016
Everyone Wants To Buy U.S. Weapons Systems
Reuters: Demand for U.S. arms exports set to keep growing, official says
International demand for U.S. weapons systems is expected to continue growing in coming years, a senior U.S. Air Force official said on Sunday, citing strong interest in unmanned systems, munitions and fighter jets.
"The appetite just keeps getting bigger and bigger," U.S. Air Force Deputy Undersecretary Heidi Grant told Reuters in an interview on the eve of the Farnborough International Airshow.
U.S. arms sales approved by the Pentagon's Defense Security Cooperation Agency rose 36 percent to $46.6 billion in the fiscal year ended Sept. 30, 2015, and are likely to remain strong this year, Grant said.
Grant, the Air Force's top international arms sales official, said she was working with many countries in eastern Europe and others that wanted to increase their defenses following Russia's annexation of the Crimea region of Ukraine, but faced tough budget constraints.
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WNU Editor: With many parts of the world at war .... and other parts having an arms race .... I guess now is a great time to be in the arms business, especially if you are peddling American weapons systems.