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Monday, September 28, 2015

India Surges to Second-Biggest U.S. Weapons Buyer

Top Buyers of U.S. Arms in 2014As China rises as a military power in Asia, India is buying more and more U.S. weapons.

Monday’s meeting between President Barack Obama and Indian Prime Minister Narendra Modi highlights the converging strategic interests between the nations, which had strained relations during the Cold War. India was the second-biggest buyer of U.S. arms last year behind Saudi Arabia, up from almost nothing five years ago.

The latest purchase came last week, when India’s cabinet approved a $3 billion deal for Boeing Co. military helicopters. The 22 Apache attack choppers and 15 Chinook cargo choppers comprised the biggest defense contract since Modi came to power.

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