Monday, September 7, 2009

The U.S. Is Still The World's #1 Arms Supplier


Despite Slump, U.S. Role as Top Arms Supplier Grows -- New York Times

WASHINGTON — Despite a recession that knocked down global arms sales last year, the United States expanded its role as the world’s leading weapons supplier, increasing its share to more than two-thirds of all foreign armaments deals, according to a new Congressional study.

The United States signed weapons agreements valued at $37.8 billion in 2008, or 68.4 percent of all business in the global arms bazaar, up significantly from American sales of $25.4 billion the year before.

Read more ....

My Comment: What is amazing about these totals, is that they would be even higher if trade restrictions were lifted. The F-22 could easily be sold to numerous countries in the world .... Japan, Middle East, etc..., but security restrictions prohibit any such exports.

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