U.S. arms sales nearly triple in 2011, researchers say

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“US arms transfers to other countries nearly tripled last year to $66.3 billion, giving America a market share of nearly 80 percent.  The Congressional Research Service said the US figure for 2011 was the largest for a single year in the history of the arms export program.  While huge, the number may be something of a one off, as it includes a huge one-off deal with Saudi Arabia to the tune of $29.4 billion.  Despite a sluggish world economy, global arms sales nearly doubled in 2011 to $85.3 billion, the report said.”

http://www.rawstory.com/rs/2012/08/28/u-s-arms-sales-nearly-triple-in-2011-researchers-say/

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