Monday, February 24, 2014

India becomes biggest foreign buyer of US weapons

P-8I NeptuneIndia imported $1.9 billion of military kit from the U.S. last year, making it the biggest foreign buyer of U.S. weapons, according to research from IHS Jane's.

The U.S., which remained the largest exporter of military equipment, displaced Russia as India's biggest arms supplier. In total, the U.S. exported $25.2 billion of military equipment in 2013, compared with $24.9 billion the previous year.

India, with total defense imports of $5.9 billion, became the most enthusiastic buyer from the U.S., knocking Saudi Arabia out of the top spot with purchases that included Boeing's C-17A strategic transport aircraft and P-8I Maritime Patrol Aircraft.

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