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Thursday, September 25, 2003

US arming the world

The United States maintained its dominance in the international arms market last year, especially in sales to developing nations, according to a new Congressional report.

The United States was the leader in total worldwide sales in 2002, with about $13.3 billion, or 45.5 percent of global conventional weapons deals, a rise from $12.1 billion in 2001. Of that, $8.6 billion was to developing nations, or about 48.6 percent of conventional arms deals concluded with developing nations last year, according to the report.

Russia was second in sales to the developing world last year, with $5 billion, followed by France with $1 billion.

Guns for everyone!

posted by chris at 5:41 PM

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