US arms sales nearly triple in 2011 -researchers
US: US arms transfers to other countries nearly tripled last year to
$66.3 billion, giving America a market share of nearly 80 percent,
government researchers said Monday.
The Congressional Research Service said the US figure for 2011 was
the largest for a single year in the history of the arms export program.
While huge, the number may be something of a one off, as it includes
a huge one-off deal with Saudi Arabia to the tune of $29.4 billion.
This features 84 F-15 fighter bombers, upgrades to its existing fleet
of 70 such aircraft and the sale of 178 helicopters. Despite a sluggish
world economy, global arms sales nearly doubled in 2011 to $85.3
billion, the report said. After the United States came Russia, with $4.8
billion in transfers, and then France, with $4.4 billion.
Besides Saudi Arabia, major US clients included the United Arab
Emirates, Iraq, Oman, India and Thailand, the report added.
AFP
|