Report Says Saudi Arabia Now Top Market for U.S. Weapons Firms

Edited by Ivan Martínez
2015-03-10 15:00:53

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Washington, March 10 (RHC)-- A new report finds U.S. weapons manufacturers continue to dominate the global arms trade, with Saudi Arabia replacing India as their top market.

According to IHS, research company providing global market and economic information, the United States accounted for a third of the more than $64 billion trade in military equipment last year.

This year, Saudi Arabia will account for an estimated one of every seven dollars spent on military imports.



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