US foresees $46 billion in 2011 military sales
WASHINGTON (AFP) –
The United States plans to export $46.1 billion in weapons this year, nearly doubling its 2010 figures, officials said.
During the fiscal year 2011, which ends September 30, Washington expects the sales of equipment and military services through its Foreign Military Sales process to grow. About 79 percent of these exports are financed by client countries and organizations, with the remainder funded by US aid programs.
US military equipment sales, confined to about $10 billion in the early 2000s, tripled to around $30 billion after 2005.
Buys of this equipment don’t let it go to waste.
(Source: twitter.com)
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