India is third largest buyer of US arms
Thursday December 08, 2011 10:04:18 PM,
Arun Kumar, IANS
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Washington: India has
emerged as the third largest purchaser of US arms with contracts
worth $4.5 billion last year alone as US weapons sales rose to
$34.8 billion in fiscal 2011, according to a Pentagon report.
The Defence Security Cooperation Agency, the Pentagon agency that
oversees foreign arms sales, said sales in the fiscal that ended
Sep 30 topped $30 billion for the fourth consecutive year after
reaching $31.6 billion in fiscal 2010.
The Pentagon said government-to-government foreign military sales
totalled $28.3 billion in fiscal 2011, while other sales managed
by various government agencies reached $6.5 billion. The Pentagon
had projected government-to-government sales would reach $36.3
billion for the year ending Sep 30.
Afghanistan, Taiwan, India, Australia and Saudi Arabia were the
top buyers of US arms last year, the Defence Department said.
Iraq, the United Arab Emirates, Israel, Japan and Sweden were the
next largest buyers.
The top ten FMS customers for fiscal 2011 were the Afghan Security
Forces ($5.4 billion); Taiwan (US $4.9 billion); India ($4.5
billion); Australia ($3.9 billion); Saudi Arabia ($3.5 billion);
Iraq ($2.0 billion); the United Arab Emirates ($1.5 billion);
Israel ($1.4 billion); Japan ($0.5 billion); and Sweden ($0.5
billion).
The DSCA said it expected foreign military sales were expected to
continue to be about $30 billion for fiscal 2012, but official
projections were still being calculated.
(Arun Kumar can
be contacted at arun.kumar@ians.in)
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