US leads world in foreign weapons sales

Discussion in 'Politics, Religion, Social Issues' started by rasmasyean, Sep 6, 2009.

  1. rasmasyean macrumors 6502a

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    #1
    Well, if that isn't a surprise...but by how much you may ask?

    WASHINGTON, Sept 7 ¬ The United States accounted for more than two-thirds of foreign weapons sales in 2008, a year in which global sales were at a three-year low, The New York Times reported yesterday.
    Citing a congressional study released on Friday, the Times said the United States was involved in 68.4 per cent of the global sales of arms.
    US weapons sales jumped nearly 50 per cent in 2008 despite the global economic recession to US$37.8 billion (RM132.3 billion) from US$25.4 billion the year before.
    The jump defied worldwide trends as global arms sales fell 7.6 per cent to $55.2 billion in 2008, the report said. Global weapons agreements were at their lowest level since 2005.
    Italy, the second ranked country, amassed only US$3.7 billion in arms sales, while Russia ranked third with sales falling to $3.5 billion in 2008, down from $10.8 billion in 2007.
    The report attributed the increase in US sales to "major new orders from clients in the Near East and in Asia" as well as to continued contracts for equipment and support services with globally based US clients, the Times said.
    The United States also led in arms sales to the developing world, signing 70.1 per cent of these weapons agreements at a value of US$29.6 billion in 2008, the report said.
    Such deals with the developing world included a US$6.5 billion air defense system for the United Arab Emirates, a US$2.1 billion jet fighter for Morocco and a US$2 billion attack helicopter for Taiwan.
    India, Iraq, Saudi Arabia, Egypt, South Korea and Brazil also reached weapons deals with the United States, the Times said.
    The report revealed the United Arab Emirates was the top buyer of arms in the developing world with US$9.7 billion in arms purchases in 2008.
    Saudi Arabia ranked second with US$8.7 billion in weapons agreements, and Morocco was third with US$5.4 billion in deals - Reuters

    http://www.themalaysianinsider.com/index.php/world/37035-us-leads-world-in-foreign-weapons-sales

    Sigh...Our fellow Iraqi brothers have been slacking...dropping from top place previously. I guess oil prices dropping really hurt them...or help them? hmm... Maybe the're just saving up for those F-16's.

    So...good for the economy? bad for the world? good for the world on side of USA? ...er...bad for those allies using them against each other???
    You decide!

    Discuss! :)
     
  2. Thomas Veil macrumors 68020

    Thomas Veil

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    <Republicans> We're Number One! We're Number One! </Republicans>
     
  3. Counterfit macrumors G3

    Counterfit

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  4. Eraserhead macrumors G4

    Eraserhead

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    #4
  5. GfPQqmcRKUvP macrumors 68040

    GfPQqmcRKUvP

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    What fighter that we would sell Morocco costs $2.1 billion? And what helicopter on earth would cost $2 billion?
     
  6. xUKHCx Administrator emeritus

    xUKHCx

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    If you read the whole awkwardly written paragraph it says it is a $2.1B deal so it is for more than one jet fighter/helicopter.
     
  7. Desertrat macrumors newbie

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    #7
    Been going on since FDR's Lend-Lease program from the 1930s. We sell'em, there's a regime change, and they get used against us.

    Hey, governments like to find excuses to kill people. Over 120 million during the 20th Century. Homo Sap's favorite hobby, seems like. Doesn't matter if it's Left or Right, killing's the name of the game.

    'Rat
     
  8. Lord Blackadder macrumors G5

    Lord Blackadder

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    It's also worth remembering that a lot of these foreign weapon sales do not necessarily involve US-made equipment. There are a lot of companies selling surplus stuff, acting as the middleman between governments. Companies range from small-scale dealers in a few specialized items, to medium sized outfits like Ballistica Maximus (check out their weapons specials :eek:), up to multimillion dollar deals on surplus combat aircraft and warships. Business is business.
     
  9. hulugu macrumors 68000

    hulugu

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    #9
    Shhh. They think they're getting a good deal.
     
  10. Counterfit macrumors G3

    Counterfit

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    I just started to wonder if these sales include licensing deals to reproduce weapons (usually small arms I think) in a foreign factory...
     
  11. rasmasyean thread starter macrumors 6502a

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    #11
    I wonder where this fit in in 2008. :confused:
    Maybe they didn't get get delivered by the end of year? ...or maybe they didn't pay yet so it didn't count. LOL


    September – Iraq seeks 36 F-16’s for its air force, the most sophisticated weapons system Iraq has attempted to purchase so far. The Pentagon recently notified Congress that it had approved the sale of 24 American attack helicopters to Iraq, valued at as much as $2.4 billion. Including the helicopters, Iraq has announced plans this year to purchase at least $10 billion in U.S. tanks and armored vehicles, transport planes and other battlefield equipment and services. Over the summer, the Defense Department announced that the Iraqi government wanted to order more than 400 armored vehicles and other equipment worth up to $3 billion, and six C-130J transport planes, worth up to $1.5 billion. [54] This year alone, Iraq accounts for more than $12.5 billion of the $34 billion US weapon sales to foreign countries (not including the potential F-16 fighter planes)[55].
    http://en.wikipedia.org/wiki/Iraqi_Army
     

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