Showing posts with label arms trade. Show all posts
Showing posts with label arms trade. Show all posts

U.S. Arms Sales To Asia Set To Boom

Analysis: U.S. Arms Sales To Asia Set To Boom On Pacific "Pivot" -- Jim Wolf, Reuters

U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.

Strengthening treaty allies and other security partners is central to the White House's "pivot" toward a Pacific region jolted by maritime territorial disputes in China's case, and missile and nuclear programs, in North Korea's.

The pivot "will result in growing opportunities for our industry to help equip our friends," said Fred Downey, vice president for national security at the Aerospace Industries Association, a trade group that includes top U.S. arms makers.

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My Comment: It has always been like this .... when the U.S. defense budget is cut, time to look for markets overseas. Fortunately for America's defense contractors .... China and North Korea are making it easy for them to sell their goods to South Korea, Japan, Taiwan, Philippines, etc..

Russia Is The World's Second Largest Arms Exporter



Russian Weapons Popular In The World In 2012 -- Space Daily/Voice of Russia

In 2012, Russia concluded contracts on selling weapons for the total sum of $ 15 bln. Russian weapons are still popular in the world, much to the envy of some Western weapon producers.

Today, the position of a country on the world market of weapons is evidence of the development of science and technology in this country.

From this point of view, Russia's position today is much better than it was in the 1990s, when the military industry in Russia was experiencing a crisis after the collapse of the Soviet Union.

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My Comment: This trend will probably continue. Russian arms are cheaper than American weapon systems, and the world is certainly not becoming a safer place.


Russia's Growing Arms Trade

Russian Arms Sales at $14 Bln in 2012. © RIA Novosti. Mikhail Klimentiev

Putin’s Arms Dealers Are Selling More Weapons to More Dirtbags Than Ever -- Danger Room

Vladimir Putin wants to build a big friggin’ army. But to pay for it, the Russian president has expanded the amount of Russian weapons sold around the globe, and he isn’t being all that discriminating about who he sells them to.

“Let’s talk about our results — they are positive,” Putin said on Monday while meeting with officials. “We are reaching a record level of weapons exports. Their total volume was above $14 billion.” That would be the highest ever for Moscow.

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More News On Russia's Growing Export Market In Arms Sales

Russian Arms Sales at $14 Bln in 2012
-- RIA Novosti
Russia military exports reached record $14bn in 2012 -- RT
Putin touts record Russian arms sales of $14 billion in 2012 -- Reuters
Russian arms sales hit $14B -- UPI
Russia Exports $14B in 2012 Arms Sales -- Ares/Aviation Week