Subscribe free to our newsletters via your
. GPS News .




MILPLEX
US arms sales nearly triple in 2011, researchers say
by Staff Writers
Washington (AFP) Aug 27, 2012


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.

.


Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








MILPLEX
Brazil's defense industry booms
Brasilia (AFP) Aug 22, 2012
Brazil's defense industry is booming, fueled by government incentives to modernize the country's armed forces and develop a robust, export-oriented military industrial complex. "Companies are happy. There is a determination to grow and invest. Five years ago, it was the opposite," said Carlos Pieratoni Gamboa, vice-president of the Brazilian Association of Defense and Security Equipment (Abi ... read more


MILPLEX
Access to water key for food security: FAO chief

Underground solution to starving rice plants

Good news for banana lovers: Help may be on the way to slow that rapid over-ripening

Soybeans Susceptible to Man-Made Materials in Soil

MILPLEX
Samsung to invest 779 mn euros in Dutch chipmaker ASML

How to feed data-hungry mobile devices? Use more antennas

Mini-camera with maxi-brainpower

Future memory

MILPLEX
Swiss fighter jet purchase details agreed despite criticism

India's first Embarer AWAC headed home

ReAgent Supports Space Balloon Project

Enstrom completes Thai helicopter delivery

MILPLEX
China's Geely H1 profit rises 9% as exports surge

Germans prefer bigger engines: study

US launches test of Wi-Fi to prevent car accidents

American CEO of Czech truck-maker charged in graft case

MILPLEX
India invites Chinese companies to invest

Trade to limit harm of East Asia island spats

Russia's Rusal to cut production as profit falls

Wen says China needs to stabilise exports: report

MILPLEX
Natural Regeneration Building Urban Forests, Altering Species Composition

Myanmar in deforestation crisis

Widespread local extinctions in tropical forest 'remnants'

Marine research in the Brazilian rain forest

MILPLEX
Landsat Data Continuity Mission Environmental Testing is Underway

Expert Analysis of Energy Infrastructure Using HiRes Satellite Imagery

Vecmap tracks the Asian bush mosquito

NASA Selects Combined Data Services Contract For Polar Satellites

MILPLEX
Nanofibre health risk quantified

Super-Strong, High-Tech Material Found to be Toxic to Aquatic Animals

Patterning defect-free nanocrystal films with nanometer resolution

New Phenomenon in Nanodisk Magnetic Vortices




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement