Skip to main content

Arms. Great for business

It's no wonder that the arms industry is right behind a government when there is military action involved in some way or other.....and no where more so than in the USA.     The huge amount earned from the sale of weaponry, and arms, in America is shown by the staggering sums of money involved in the industry.

"Foreign arms sales by the United States jumped by almost $10 billion in 2014, about 35 percent, even as the global weapons market remained flat and competition among suppliers increased, a new congressional study has found.

American weapons receipts rose to $36.2 billion in 2014 from $26.7 billion the year before, bolstered by multibillion-dollar agreements with Qatar, Saudi Arabia and South Korea. Those deals and others ensured that the United States remained the single largest provider of arms around the world last year, controlling just over 50 percent of the market.

Russia followed the United States as the top weapons supplier, completing $10.2 billion in sales, compared with $10.3 billion in 2013. Sweden was third, with roughly $5.5 billion in sales, followed by France with $4.4 billion and China with $2.2 billion.

South Korea, a key American ally, was the world’s top weapons buyer in 2014, completing $7.8 billion in contracts. It has faced continued tensions with neighboring North Korea in recent years over the North’s nuclear weapons program and other provocations. The bulk of South Korea’s purchases, worth more than $7 billion, were made with the United States and included transport helicopters and related support, as well as advanced unmanned aerial surveillance vehicles.

Iraq followed South Korea, with $7.3 billion in purchases intended to build up its military in the wake of the American troop withdrawal there.

Brazil, another developing nation building its military force, was third with $6.5 billion worth of purchase agreements, primarily for Swedish aircraft."

The report to Congress found that total global arms sales rose slightly in 2014 to $71.8 billion, from $70.1 billion in 2013. Despite that increase, the report concluded that “the international arms market is not likely growing over all,” because of “the weakened state of the global economy.”

Comments

Popular posts from this blog

"Wake Up"

The message is loud and clear....and as you watch this, remember that it was on Israeli TV - not some anti-semitic or anti-Israel program somewhere in the world.


Sydney's unprecedented swelter.....due to climate change

It has been hot in Sydney, Australia.   Damn hot!.....and record-breaking.    So, because of climate change?  Yes, say the scientists.

"Southeastern Australia has suffered through a series of brutal heat waves over the past two months, with temperatures reaching a scorching 113 degrees Fahrenheit in some parts of the state of New South Wales.

“It was nothing short of awful,” said Sarah Perkins-Kirkpatrick, of the Climate Change Research Center at the University of New South Wales, in Sydney. “In Australia, we’re used to a little bit of heat. But this was at another level.”

So Dr. Perkins-Kirkpatrick, who studies climate extremes, did what comes naturally: She looked to see whether there was a link between the heat and human-driven climate change.

Her analysis, conducted with a loose-knit group of researchers called World Weather Attribution, was made public on Thursday. Their conclusion was that climate change made maximum temperatures like those seen in January and February at least…