U.S. Atop Expanding Global Arms Market

By Jeff Abramson

In 2007 the United States again led the world in delivery of and sales agreements for conventional arms. In that year, the value of global transfer agreements rose to nearly $60 billion, up approximately $5 billion from 2006, with the majority of the increase coming in arrangements with developing countries. The value of global deliveries fell, however, according to the latest annual report by Congressional Research Service analyst Richard Grimmett.

Click here to return to the full article.

No comments: