US military industrial complex poised for record foreign military sales this year

Riyadh : Saudi Arabia | Jun 19, 2012 at 7:10 AM PDT

By northsunm32

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White House Approves 30 Billion Dollar Sale Of Fighter Jets To Saudi Arabia

Recovery may be slow in the U.S and many areas are facing cutbacks in the public sector such as education. However foreign military sales are heading for a record year. Among the larger sales is of Boeing made F-15 fighter jets to Saudi Arabia at a cost of 29.4 billion dollars.

To date in 2012 the U.S.. has sold 50 billion in military items. There are more than three months left in the fiscal year. In 2011 the total was much lower at 30 billion for the whole year.

Sales were also boosted by the sale of a jet fighter to Japan. The Saudi Arabia sale includes not only 84 new planes but upgrading of older planes , missiles, and spare parts as well as training. Israel will receive even newer fighter aircraft than Saudi Arabia to offset fears about the Saudi salel For more see this article.

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The US will sell Saudi Arabia 84 F-15 fighter jets

northsunm32 is based in Brandon, Manitoba, Canada, and is an Anchor for Allvoices.

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Post a Comment Comments: 9

Posted By

Amee Ellsworth | 11 months ago

The only response I can muster is: Wow!! Thanks for sharing! Rated up and shared!

Posted By

manilatop10 | 11 months ago

Thanks for the update; is Japan still limited to about 3% of spending from their budget for the JDF or have maritime issues or some other political changes been made there?

Reply By

northsunm32 | 11 months ago

A good question I don't know about that.

Posted By

Rob Lafferty | 11 months ago

We still lead the world in manufacturing something, eh? It's a shame that thing is weapons, and a greater shame that we sell them to almost anyone...

Posted By

itobin53 | 11 months ago

As president Eisenhower said - beware the military industrial complex. He was right.

Posted By

Martin Kloess | 11 months ago

well written - thank you

Posted By

vishaljayswal | 11 months ago

Thanks for sharing! Rated up and shared!

Posted By

iqbal_imran | 11 months ago

well writen rated up

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The US will sell Saudi Arabia 84 F-15 fighter jets
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