Congressional Research Service: US Posted $36B in Foreign Weapons Sales in 2014

PatriotMissileA new Congressional Research Service report says the U.S. recorded $36.2 billion in foreign arms sales in 2014, an approximately $10 billion increase from $26.7 billion in 2013, DoD Buzz reported Monday.

Brendan McGarry writes the U.S. worldwide arms transfer deals are comprised mainly of Qatar’s $9.6 billion purchase of Lockheed Martin-built Patriot PAC-3 missiles, Raytheon-made Javelin missiles and Boeing-produced AH-64 Apache attack helicopters, and South Korea’s $7 billion order for Northrop Grumman-built RQ-4 Global Hawk drone and other supplies.

According to the congressional report, the total arms sales worldwide hit $71.8 billion in 2014.

Nicholas Fandos also reports on The New York Times that Russia ranked second to the U.S. in foreign weapons sales, followed by Sweden, France and China.

South Korea inked weapons contracts worth $7.8 billion in 2014, making it the world’s top arms buyer followed by Iraq and Brazil, Fandos writes.

The report also concluded that the international market for weapons remained steady in 2014 due to “the weakened state of the global economy,” according to NY Times.

You may also be interested in...

Blue Origin

Blue Origin Launches 14th New Shepard Mission With Updated Crew Capsule

Blue Origin, a space company owned by Amazon CEO Jeff Bezos, used a capsule with updated crew systems during the company's 14th mission with the New Shepard rocket. The updated capsule featured new push-to-talk communications systems, noise reduction tools, cushioned wall linings, environmental systems and a crew alert system, Blue Origin said Thursday.


Teledyne Subsidiary to Produce Additional Navy LCS Missile Defense Modules

A Teledyne Technologies subsidiary has secured an $18M contract from Northrop Grumman to manufacture four more missile defense systems for the U.S. Navy's littoral combat ship mission package.


Lockheed’s Orion Spacecraft Concludes Assembly, Testing for NASA’s Artemis Mission to Lunar Orbit

Lockheed Martin has sent the Orion capsule to NASA’s exploration ground systems team for final preparations ahead of the unmanned Artemis I mission to lunar orbit that will launch later this year. The spacecraft concluded assembly operations and testing at Kennedy Space Center in Florida.