US exported US$4 billion worth of arms to Africa between 2003 and 2010

1910

The United States sold US$14.304 billion worth of military equipment to the top six African defence spenders between 2003 and 2010, according to a new report released by the Congressional Research Service. Egypt alone accounted for US$14.1 billion in weapons sales during this period.

Deliveries during the period under review amounted to US$11.255 billion. Egypt, which receives US$1.3 billion of military aid from the United States every year, accounted for US$11.13 billion worth of deliveries.

Worldwide, the United States concluded US$107.96 billion worth of military sales between 2003 and 2010.

For the last fiscal year ending September 30, the US concluded US$34.8 billion worth of foreign weapons sales. The Pentagon predicts such sales will hover around US$30 billion this fiscal year.

Strong export prospects are good news for U.S. weapons manufacturers like Lockheed Martin, Boeing and Raytheon, which hope to offset declining US defence spending with bigger sales overseas.

Afghanistan, Taiwan, India, Australia and Saudi Arabia were top buyers of U.S. arms last year, the Defense Department said. Iraq, the United Arab Emirates, Israel, Japan and Sweden were the next largest buyers.



The full Congressional Research Service report, US Arms Sales: Agreements with and Deliveries to Major Clients, 2003-2010, can be found here: http://fpc.state.gov/documents/organization/179578.pdf