Saturday, March 21, 2015

Saudi Arabia, United Arab Emirates, Kuwait, Qatar and Jordan are expected to spend more $165 billion on arms

"The Deutsche Bank-Lockheed exchange “underscores a longstanding truism of the weapons trade: war — or the threat of war — is good for the arms business,” says William Hartung, director of the Arms & Security Project at the Center for International Policy." "DefenseOne reports that over the next five years, “Saudi Arabia, United Arab Emirates, Kuwait, Qatar and Jordan are expected to spend more $165 billion on arms.” " (thanks Amir)