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U.S., Saudis close to largest arms deal ever

If you compare the budget for defence according to income of govt....Indian's are spending more money for their defence....instead to feed their poor and hungry peoples......so what is the reason their ......
Just Chill

As % of GDP sauds spend much more on defense than India, so get your facts right.And why does india has to be mentioned with poor and hungy people?As if you dont have any in your country.
 
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saudis thinks that iran is a threat(because os US obviously) but thats not actually true...
yes their relations aren't great but iran will never attack saudia arabia! and nor will saudia arabia

they are the richest muslim country and they want to show that they are powerfull as well....
and obviously they want to protect their selves. US wont help them incase of war......so they are trying to make their future safe and bright!
 
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Wrong...American planes cannot be transfered to another country.

sorry but our pilots flew couple of f-5s during war with india...
some arab country "transfered" them to pakistan
 
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what saudis will do with this arms?.who is their enemy?

my friend.. saudi's don't do deal with deffence in mind. they did a deal with BAE systems in '06 for 72 ef/typhoons & we all know what happened when serious fraud office tried to investigate the deal. tony blair had to step in to stop the investigation.
 
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Since F-35 for now is not on offer it makes sense the next big offer to Saudis would be F-15SE and upgrades of RSAF F-15 to SE Standards.

We've atleast 2more old threads on it. So please don't create more threads.

But the f-15 is an obsolete model ! I don't understand is to why it would spend billions unless it is fiding a way to make it stealth.
 
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September 12, 2010
Bad Economy Drives Down American Arms Sales
By THOM SHANKER

WASHINGTON — The global economic recession significantly pushed down purchases of weapons last year to the lowest level since 2005, a new government study has found.

The report to Congress concluded that the value of worldwide arms deals in 2009 was $57.5 billion, a drop of 8.5 percent from 2008.

While the United States maintained its role as the world’s leading supplier of weapons, officials nonetheless saw the value of its arms trade sharply decline in 2009. This was in contrast to 2008, when the United States increased the value of its weapons sales despite a drop in business for competitors in the global arms bazaar.

For 2009, the United States signed arms deals worth $22.6 billion — a dominating 39 percent of the worldwide market. Even so, that sales figure was down from $38.1 billion in 2008, which had been a surprising increase over the $25.7 billion in 2007 that defied sluggish economic trends.


The decrease in American weapons sales in 2009 was caused by a pause in major orders from clients in the Middle East and Asia, which had pumped up the value of contracts the year before. At the same time, there were fewer support and services contracts signed with American defense firms last year, the study said.

Russia was a distant second in worldwide weapons sales in 2009, concluding $10.4 billion in arms deals, followed by France, with $7.4 billion in contracts. Other leading arms traders included Germany, Italy, China and Britain.

The annual report was produced by the nonpartisan Congressional Research Service, a division of the Library of Congress. The analysis, regarded as the most detailed collection of unclassified global arms sales data available to the public, was delivered to members of the House and Senate over the weekend in advance of their return to work on Monday after the summer recess.

The decline in new weapons sales worldwide in 2009 was caused by government decisions “to defer the purchase of major systems” in a period of “severe international recession,” wrote Richard F. Grimmett, a specialist in international security at the Congressional Research Service and the author of the study.

The recession did not halt military modernization and improvements, as nations sought to make their armed forces more lethal despite tight budgets.

“Some nations chose to focus on completing the integration into their militaries of major weapons systems they had already purchased,” Mr. Grimmett wrote. Other nations, according to the study, focused available military money on smaller contracts for “training and support services, as well as selective upgrades of existing weapons systems.
”

Mr. Grimmett said that while the global recession slowed overall weapons sales, “The international arms market is still very competitive,” with major weapons-producing nations battling over traditional clients and seeking new buyers in emerging markets.

To that end, the study focuses in particular on the category of weapons sales to the developing world, which totaled $45.1 billion of the overall arms trade in 2009, a drop from $48.8 billion in 2008.

In 2009, Brazil was the top weapons buyer in the developing world, concluding $7.2 billion in purchase contracts, followed by Venezuela with $6.4 billion in purchases and Saudi Arabia with $4.3 billion. Other major arms buyers last year were Taiwan, the United Arab Emirates, Iraq, Egypt, Vietnam, India and Kuwait.

Over much of the past decade, Saudi Arabia, China, India and the United Arab Emirates have been among the largest weapons purchasers in this category.


The United States led not only in global arms sales, but also in the category of weapons contracts to the developing world, signing deals worth $17.4 billion in arms to these nations in 2009. Russia was second, followed by France.

“Relationships between arms suppliers and recipients continue to evolve in the 21st century in response to changing political, military and economic circumstances,” Mr. Grimmett concluded. “Where before the principal motivation for arms sales by foreign suppliers might have been to support a foreign policy objective, today that motivation may be based as much on economic considerations.”

The study uses figures in 2009 dollars, with amounts for previous years adjusted for inflation to give a constant financial measurement.
 
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But the f-15 is an obsolete model ! I don't understand is to why it would spend billions unless it is finding a way to make it stealth.

Saudi F-15s are already going or gone through upgrades that includes new more powerful engines but It looks like Saudis are now eying SE since these F-15s have no AESA, So it does make sense to upgrade to SE Standard, while procure additional SE builts. Billions that is Saudis are spending..
 
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What is so funny...American weapon buyers all sign EULA..one of the main points being that the weapons cannot be transfered to anyone else.

If Pakistanis will keep waiting for the Saudi jets to arrive it will be a long wait.
 
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here's the deal, friends....watch Syriana if you havent already.


it's all right there in that Paris luxury hotel penthouse scene --the one in which the Saudi Prince is discussing matters with his newly hired energy policy advisor and analyst:



Nasir: “I studied at Oxford. I have a PhD from Georgetown. I want to create a parliament. I want to give women the right to vote. I want an independent judiciary. I want to start a new petroleum exchange in the Middle east and cut speculators out of the business. Why are the major oil exchanges in New York and London anyway. I’ll put all of our energy up for competitive bidding, I’ll pipe through Iran to Europe like you propose, I’ll ship to China, anything that achieves efficiency and maximizes profits for my people, profits which I’ll then use to rebuild my country.”

Bryan: “That’s great, that’s exactly what you should do.”




Nasir: “Exactly............except............

your President calls my father, says I’ve got unemployment in Texas, Kansas, Washington State. One phone call later we’re stealing out of our social programs to buy overpriced airplanes. We owed the Americans but we’ve repair that debt. I accepted a Chinese bid, the highest bid. And suddenly I’m a terrorist. I’m a Godless communist…”
 
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