18:50 GMT25 May 2020
Listen Live
    Military & Intelligence
    Get short URL

    The US edged out France and Russia in weapon sales with $40 billion, approximately half the value of all weapons sold globally last year.

    Global arms sales fell, from $89 billion in 2014, to $80 billion in 2015, possibly due to lower oil prices limiting the amount of money some nations could pour into weapons purchases. Qatar nonetheless spent some $17 billion on weapons, according to a recent congressional research brief.

    New orders from Saudi Arabia, Iraq, and South Korea constituted a large chunk of US weapon sales, according to the brief. Longstanding relationships with military purchasers around the world helped the US secure many orders from nations that have used American weapons systems over extended periods of time.

    Further, "it is important to emphasize," said Catherine Theohary, the author of the report, that US arms agreements have a wide scope, including spare parts, ammunition, training, and support services that "can have significant costs associated with them."

    The US sold a slew of Patriot PAC-3 missiles to Saudi Arabia. Meanwhile, Qatar acquired PAC-3s, Javelin missiles, and Apache helicopters from the US.

    For Russia’s part, key deals with China, India, Malaysia, Vietnam, Burma and Indonesia drove its arms business. Missiles and aircraft, especially, were attractive for Russia’s clients, but "less so naval systems," the report noted. 


    US Approves $700 Million Contract to Support Qatar Transport Planes
    US F-15 Sale to Qatar Was an 'Offer You Can't Refuse'
    US Government Approves $21.1Bln Sale to Qatar of F-15 Fighter Jet Package
    Tillerson Can Improve US-Saudi Relations if Trump Heeds Advice - Ex-Ambassador
    Saudi Arabia Foreign Minister Admits to Pressuring US to Change 9/11 Law
    markets, arms deal, Apache, Catherine Theohary, United States
    Community standardsDiscussion
    Comment via SputnikComment via Facebook