U.S. Arms Sales Expected To Hit $50 Billion Next Year

U.S. Arms Sales Could Hit $50 Billion Next Year -- Reuters
England (Reuters) - U.S. arms sales will be little changed in fiscal 2010 but could surge by nearly one-third to $50 billion next year, the Pentagon's chief arms seller told Reuters in an interview.

The U.S. government arms sales for the current year, which ends September 30, are likely to be close to $37.8 billion, said Vice Admiral Jeffrey Wieringa, director of the Pentagon's Defense Security Cooperation Agency.

Sales in the last fiscal year totaled $38.1 billion.

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More News On The International Arms Trade

Russia arms export seen hitting record $9 billion -- Arab News
Moscow to stick to international norms in arms exports to Mid East -- Voice of Russia
Russia ready to export Iskander missiles -- People's Daily
China-made planes set to soar onto world market -- People's Daily
UK ‘Losing Patience’ On Arms Exports -- DoD Buzz
Japan business lobby wants weapon export ban eased -- Reuters

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