Monday, June 6, 2016

US top Global Arms Exporter

With the end of the U.S. arms embargo, Vietnam will join a long list of international recipients of American armaments. The U.S. is responsible for nearly 33% of worldwide exports -- by far the top arms exporter on the planet. Saudi Arabia was the top recipient of American-made arms from 2011-2015, followed closely by the United Arab Emirates.

American exports include everything from small arms to fighter jet aircraft and tanks, to Patriot Missile batteries. U.S. defense companies are sincere in their desire to boost international exports in the wake of recent defense budget cuts.
Other major arms exporters after the U.S. include Russia, China, France, and Germany. While Russia will always have a market for its "cheaper" arms exports, China is increasingly active in the international market.