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U.S. arms sales nearly triple in 2011, researchers say
Posted By Adan On August 28, 2012 @ 10:15 am In World at War | Comments Disabled
August 28, 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.
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