Showing posts with label arms manufacturers. Show all posts
Showing posts with label arms manufacturers. Show all posts

Thursday, August 30, 2012

Arms Manufacturers - Another First for the US

via Mother Jones

In 2011, the United States experienced its biggest year ever in weapons exports: According to an annual study by the Congressional Research Service [PDF] released earlier this week, the US overseas weapons sales jumped to $66.3 billion last year (77.7 percent of the $85.3 billion global market in 2011), from $21.4 billion in deals in 2010. 

In just one year, the US more than tripled its revenue in arms deals with foreign countries. The $66.3 billion also sets a new cash total record, easily surpassing the previous record of $31 billion in sales in fiscal year 2009.
Add the domestic sales of handguns and rifles and you've got all the motivation you need to justify almost anything.  Certainly a bit of bribery and corruption disguised as the lobbying system can be expected.

What do you think?  Please leave a comment.