Heavily backed by the US government, US arms makers are a serious growth industry, not only providing weapons to America’s own enormous military for its assorted adventures, but capturing the vast majority of the foreign arms market on the planet as well.
The new figures released in a study for Congress show several records being smashed in 2011, with the US selling $66.3 billion in weapons abroad, a record itself, but also by far the largest single year increase ever, over the $21.4 billion in 2010.
The sales amounted to about 78 percent of all foreign arms sales on the entire planet. The second place arms dealer nation is Russia, which sold less than $5 billion themselves.
Much of the arms sales were to Saudi Arabia and other members of the GCC, which have been heavily increasing their military spending in recent years, nominally to “combat Iran.” The Saudi deals alone amounted to $33.4 billion, which by itself would have been the record for single largest year of arms sales by any nation.
12 thoughts on “A New Record: $66.3 Billion in US Arms Sales Abroad in 2011”
And of course, all that world-beating R & D funding came from Wall Street investors, not DoD grants, state universities and government agencies, right?
And the USA has the audacity to say something about some Chinese weapons in Africa.
Hypocrisy is one word that comes to mind, Audacity is another!
What hope for peace does this bring? Can the US ever afford to be even-handed when business dividends from sustained conflicts – and consequent arms trade – remain on this trajectory? One thing for sure: at this rate more Afghanistans and Iraqs are set to be the norm. And hopes for peace in Palestine recedes further and further from the realm of possibilities….
Lets give weapons to the saudis?
If we have an ally to help curb the ambitions of iran it's not so stupid to use that as part of our strategy in the area. Why do you support iranian goals?
Are you funded for your comments here by the trista parsi kind of group?
Saudi Arabia our ally? You have got to be kidding. If you believe the 9-11 story, it was the Saudi's, not Iranians, who flew your planes into your twin towers. It was the israeli's who attack and threaten their neighbors. We do not have friends in the Middle East, including israel.
And it's Saudi Arabia working to stop Al Qaida from existing in the kingdom.
You realize the saudi terrorists didn't plan it domestically, but from Afghanistan?
The 9/11 terrorists where predominantly Saudis who planned their actions in Hamburg, Germany. Get you facts straight.
Why do you hate Iran so much? Is it the whole Islam thing? The Hostage crisis in 1979? The fact they don't kiss Uncle Sam and Cousin Shlomo's ring like good little Mooslims? Ah I know! The Israelis say to hate them so this is what you do. I know, all we hear about these days is Iranian sponsored terrorism…someplace, maybe years ago, but after all the empty Israeli threats from B. Netty Tinpot. in Hebrewistan, why shouldn't they defend themselves?
I don't care for any religion's extremists and will not choose one over the others.
I bet its the Islam thing. And Obama is a closet Muslim born in Kenya too?
You're the posterboy for intolerant Christianity. Enjoy it.
What does AIPAC pay these days? http://www.haaretz.com/print-edition/news/israel-…
Why? Several reasons. The first is the way they treat their own people (id Neda)
Another would be the way they treat other people, like the people of Syria by advancing other oppressive regimes.
A third would be their aggressive behaviors around the world, including in Venezuela and the new world.
The U.S. is always setting records. Sells the most arms, kills the most people.
I guess when it and Israel nuke Iran it will win the prize for starting a nuclear war that will end mankind.
Let me offer congratulations now because there'll be no one left to say the words after the coming holocaust!
When a Western democracy flaunts its excessive sales of military equipment to countries around the world to make war, what message does this send to third world countries? The military-industrial complex in the USA employs millions of people for the purpose of perpetuating wars. I propose that they cut the defence budget to 1/3 its current level, balance the budget and get out of the business of making and promoting wars.
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