A Story Of Contrasts: The U.S. And Russian Defense Industries

Lockheed Martin F-22 Raptor Production (Image:Lockheed Martin)

U.S. 'Winning' Global Arms Sales Competition -- World Politics Review

A study by the Congressional Research Service (CRS) found that U.S. arms sales surged last year, despite the worst global economic downturn in decades. (UPDATE: WPR subscribers can download the CRS report here.) In 2008, U.S. arms dealers signed new weapons contracts worth approximately $37.8 billion, a considerable increase from previous years. The surge was remarkable given that the total volume of new arms orders in 2008, $55.2 billion, was billions of dollars below the comparable figures for 2007 and 2006.

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The Mig Factory

Russian Defense Industry in Crisis -- Defense Tech

The Russian defense industry may not have long to survive. Long the provider of massive amounts of weapons to the Soviet armed forces and those of satellite nations and much of the Third World, today some experts believe that only a massive infusion of funds from the Russian government can save the industry.

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My Comment: The U.S. Defense Industry may have its problems .... and they do .... but they pale with what the competition is like.