Samuel King Jr./US Air Force US weapon sales to foreign nations this fiscal year are on track to equal or blow past the $68.6 billion record set in 2012. In a research note published on Wednesday, Roman Schweizer, a managing director and defense analyst at Cowen Washington Research Group, said arms sales needing congressional already total $59 billion, and that does not include "the big hardware purchases announced during President Trump's visit to Saudi Arabia." What is driving those sales? Amo...
4 reasons why US arms sales could hit an all-time high this year
Business Insider - 8 Jul 2017 06:37
Samuel King Jr./US Air Force US weapon sales to foreign nations this fiscal year are on track to equal or blow past the $68.6 billion record set in 2012. In a research note published on Wednesday, Roman Schweizer, a managing director and defense analyst at Cowen Washington Research Group, said arms sales needing congressional already total $59 billion, and that does not include "the big hardware purchases announced during President Trump's visit to Saudi Arabia." What is driving those sales? Amo...
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