U.S. Arms Sales To Asia Set To Boom

Analysis: U.S. Arms Sales To Asia Set To Boom On Pacific "Pivot" -- Jim Wolf, Reuters

U.S. sales of warplanes, anti-missile systems and other costly weapons to China's and North Korea's neighbors appear set for significant growth amid regional security jitters.

Strengthening treaty allies and other security partners is central to the White House's "pivot" toward a Pacific region jolted by maritime territorial disputes in China's case, and missile and nuclear programs, in North Korea's.

The pivot "will result in growing opportunities for our industry to help equip our friends," said Fred Downey, vice president for national security at the Aerospace Industries Association, a trade group that includes top U.S. arms makers.

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My Comment: It has always been like this .... when the U.S. defense budget is cut, time to look for markets overseas. Fortunately for America's defense contractors .... China and North Korea are making it easy for them to sell their goods to South Korea, Japan, Taiwan, Philippines, etc..