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arms sales – XtremeCuztoms

Category: arms sales

‘Powder Keg’ Versus ‘Porcupine:’ $1.06 Billion in US Arms Sales Greenlit for Taiwan in 2023

Washington is okaying a new $440 million arms sale to Taiwan—part of an even greater effort to boost its defenses, with over a billion dollars in deals greenlit this year. What’s driving the urgency? And are the actions turning Taiwan into a dangerous “powder keg” as Beijing claims? Topics in this episode: ‘Powder Keg’ Vs….


Chinese Weapons Continue Not to Impress the Global Arms Market

News Analysis The Stockholm International Peace Research Institute (SIPRI) recently released its data on the global arms trade for 2021, and the news for China is not good. Most foreign arms buyers continue to shun Chinese weapons systems. According to SIPRI, Chinese arms exports for 2017–2021 fell by nearly one-third over the previous five-year period…


State Department Okays Over $3 Billion In Arms Sales to Australia, Egypt, Netherlands

The State Department has announced plans for three major weapons sales to Australia, Egypt, and the Netherlands. The deals are estimated to be jointly worth some $3.1 billion, with officials saying the sales will not alter the basic military balance in the respective regions nor will they have any adverse impact on America’s defense readiness….


Global Arms Trade Continues To Prosper Despite Economic Downturn, US And China Top Two

Arms sales continue to grow among the world’s top weapons manufacturers despite the shrunken global economy in 2020, with U.S. companies ranking first and Chinese second. On Dec. 6, the Stockholm International Peace Research Institute (SIPRI) released the latest ranking of the world’s top 100 arms-producing and military services companies in terms of total arms…


Chinese Arms Sellers Expanded in 2020, Second Only to US

Five Chinese companies accounted for roughly 13 percent of all arms sales made by the world’s 100 largest arms producers in 2020, according to a new report by the Stockholm International Peace Research Institute (SIPRI). The five companies, NORINCO, AVIC, CETC, CASIC, and CSGC, accounted for roughly $66.8 billion last year, a 1.5 percent increase…


Huawei CFO Meng’s Plea Deal With the US Is Just the Latest Giveaway to China

Commentary The Biden administration has spent been soft on communist China from the very beginning. Such examples include rescinding Trump-era executive orders that result in economic benefits to the Chinese regime, appointing pro-Beijing apparatchiks who advocate resetting relations with China, and allowing a de facto “hostage swap” for a Huawei executive awaiting extradition to the…


US Halts Arms Sales Negotiated Under Trump Admin, Including F-35s to UAE

The Biden administration has temporarily halted pending arms sales to U.S. allies that were negotiated under the Trump administration, a U.S. State Department official said on Wednesday. The department is pausing some pending U.S. defence transfers and sales under Foreign Military Sales and Direct Commercial Sales to allow the Biden administration time to review them,…