Arms trade

US Arms Industry Dead: World Bought American Weapons, Stole the Technology

On Tuesday, US defense industry analysts offered a report claiming that American military contractors will be overtaken in coming years by defense contractors in Israel, South Korea, and Brazil, marking an end to Western dominance over war profiteering.
On Tuesday, US defense industry analysts offered a report claiming that American military contractors will be overtaken in coming years by defense contractors in Israel, South Korea, and Brazil, marking an end to Western dominance over war profiteering.
...The development occurs as the US military-industrial complex has shifted its focus toward exporting weapons to tyrannical regimes throughout the world, as a means to offset reductions in the size of the American war machine following the drawdown in Iraq and Afghanistan. According to the report, "in 2010, only 17% of defense equipment manufactured in the US was exported; by 2015, that number jumped dramatically to 34%."