Wednesday, July 1, 2009

US arms exports

Frida Berrigan reports that in fiscal year 2008, the US foreign military sales program sold $36 billion in weapons and defense articles, an increase of more than 50% over 2007. Sales for the first half of 2009 reached $27 billion, and could top out at $40 billion by the end of the year. In contrast, through the early 2000s, arms sales averaged between $8-13 billion per year.

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