PressTV-US weapons trade up 13% in 2018

The United States has sold $192.3 billion worth of weapons in international arms deals in 2018, showing a 13% annual rise in combined arms sales.

Weapon purchases from US companies by foreign countries are done either through direct commercial sales, negotiated between a government and a company; or, foreign military sales, in which a foreign government works with the Pentagon on a potential deal.  

The State Department said on Thursday that combined weapon sales from American manufacturers for fiscal 2018 were up 13 percent over fiscal 2017 figures. The largest US arms manufacturers include Lockheed Martin, Boeing, Raytheon, General Dynamics Corp and Northrop Grumman Corp. It is said that the increase in arms sales was a result of looser government restrictions coupled with high-level efforts to close deals.

Despite due concerns by human rights and arms control advocates, US President Donald Trump helped the increase in arms sales by…

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