US Regains Lead as #1 Arms Supplier to Developing Countries
Saturday, January 10, 2009
UH-60 Black Hawk by Sikorsky
The U.S. has reclaimed its preeminence as the leading arms supplier to developing nations in 2007, a position Russia had occupied since 2004. Arms transfer agreements totaled $60 billion in 2007, with $42.3 billion (70%) going to the developing world. This represents an increase of 10% from $38.1 billion the year before. In 2007, the U.S. ranked first in arms transfer agreements, selling $12.2 billion worth (28.8%), the United Kingdom ranked second with $9.8 billion (23.2%), and Russia came in a close third with $9.7 billion (23%). The largest purchasers were Saudi Arabia ($10.6 billion), India, ($10.6 billion), and Pakistan ($4.2 billion). U.S. sales included 26 UH-60M Black Hawk helicopters to the United Arab Emirates ((more than $800 million), co-production with Egypt of 125 M1A1 Abrams tanks ($771 million) 58 AN/VRC-90E SINCGAR radio systems to South Korea (($427 million) and 152 GE/Pratt&Whitney jet engines to Saudi Arabia.
United States Re-emerges as Leading Arms Supplier to the Developing World (by Rachel Stohl, Center for Defense Information)
Conventional Arms Transfers to Developing Countries, 2000-2007 (PDF) (by Richard F. Grimmett, Congressional Research Service) (PDF)
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