US military sales to foreign governments rose 29% in 2024 with a record of $ 318.7 billion.
Foreign countries have raised their purchase of American weapons to over $ 318 billion over the past year to strengthen their arsenals, some of which have helped Ukraine. Reuters writes about this with a reference to the US State Department.
US military sales to foreign governments rose 29% in 2024 with a record of $ 318.7 billion.
American weapons manufacturers are expecting further growth in exporting US weapons. As global instability worsens, parts of Lockheed Martin, General Dynamics and Northrop Grumman rising.
Under the presidency of Donald Trump, who has announced the need for NATO members to increase defense contributions from 2% to 5%, expenditure on weapons production is also expected to increase.
Sales and weapons transfer are seen as an important tool of US foreign policy with potential long -term implications for regional and global security.
Germany had previously reported that a new weapon export record. And Russia is seeking to sell weapons “effectively proven themselves.”
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Source: korrespondent
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