Subscribe free to our newsletters via your
. 24/7 Space News .




MILPLEX
Saudi, Japan deals drive record US arms sales
by Staff Writers
Washington (AFP) June 14, 2012


Boosted by massive fighter jet deals with Saudi Arabia and Japan, US foreign military sales have shot past $50 billion in a record-breaking year, a senior US official said Thursday.

Andrew Shapiro, assistant secretary of state for political-military affairs, underlined that the United States also hopes to boost sales with India, which is mulling a $1.4 billion deal for 22 Apache helicopters.

"Today, I can confirm that this is already a record-breaking year for foreign military sales. We have already surpassed $50 billion in sales in fiscal year 2012," which ends September 30, Shapiro told journalists in a conference call.

This figure already represents a 70 percent increase over government-to-government sales by the United States in 2011, itself a record-setting year at just over $30 billion.

"Obviously the sale to Saudi Arabia was very significant," said Shapiro, referring to a $29.4 billion deal that included 84 Boeing-made F-15SA fighter jets and upgrades to its existing fleet of 70 F-15s.

"But this number also includes the sale of the Joint Strike Fighter to Japan, which is valued at approximately $10 billion," the official said.

Shapiro said it was too early to predict whether 2013 would see a further increase in foreign military sales but said the United States would seek to continue expanding into key markets, including India.

"We've made tremendous progress in the relationship (with India) over the last decade. We went from nearly zero sales to about a billion dollars in sales," he said.

"Going forward, there are a number of tenders which we hope for success on, including a tender for Apache helicopters, and we continue to advocate for them and we are hopeful that we'll be successful on a number of sales over the coming year with India."

.


Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





MILPLEX
Defense industries face $100B less orders
Washington (UPI) Jun 13, 2012
U.S. and international defense industries face reduced sales as the U.S. Congress considers budget cuts that may mean $100 billion shaved off defense spending in the United States over the next 10 years. Possible defense cuts to that figure are being considered as part of the effort to reduce the budget deficit, officials said in comments cited by Defensenews.com Web site. Other ... read more


MILPLEX
Nanoparticles found in moon glass bubbles explain weird lunar soil behaviour

UA Lunar-Mining Team Wins National Contest

NASA Lunar Spacecraft Complete Prime Mission Ahead of Schedule

NASA Offers Guidelines To Protect Historic Sites On The Moon

MILPLEX
Impact atlas catalogs over 635,000 Martian craters

e2v imaging sensors launched into space on NASA mission to Mars

NASA Mars Rover Team Aims for Landing Closer to Prime Science Site

NASA's Mars rover zeroes in on August landing

MILPLEX
The pressure is on for aquanauts

Virgin Galactic Opens New Office

US scientists host 'bake sale for NASA'

XCOR Appoints Space Expedition Corp As General Sales Agent For Space Tourism Flights

MILPLEX
China's manned spacecraft in final preparations for mid-June launch

Tiangong's Big Tasks

Media Tonedown for Tiangong

Shenzhou-9 full-system drill a success

MILPLEX
Varied Views from the ISS

Strange Geometry - Yes, It's All About the Math

Capillarity in Space - Then and Now, 1962-2012

Dragon on board

MILPLEX
NASA's NuSTAR Mission Lifts Off

Orbital Launches Company-Built NuSTAR Satellite Aboard Pegasus Rocket for NASA

NuSTAR Arrives at Island Launch Site

Another Ariane 5 begins its initial build-up at the Spaceport

MILPLEX
Extremely little telescope discovers pair of odd planets

Alien Earths Could Form Earlier than Expected

Planets can form around different types of stars

Small Planets Don't Need 'Heavy Metal' Stars to Form

MILPLEX
Japanese restrict atomic exposure testing

Microsoft reaches into TV market with Xbox Live ads

iPad to drive stronger tablet sales worldwide: study

New national supercomputer to perform astronomical feats




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement