India becomes biggest foreign buyer of US weapons

February 25, 2014 1:34 amComments OffViews: 71

 

India becomes biggest foreign buyer of US weapons India becomes biggest foreign buyer of US weapons

India imported $1.9 billion of U.S. military kit.UU. last year, becoming the largest foreign buyer of weapons from the United States, according to a study by IHS Jane.

 

The us.UU., which remains the largest exporter of military equipment, travelled to Russia as the India’s largest arms supplier. In total, the United States.UU. It exported $25.2 billion of military hardware in 2013, compared with $ 24,900,000,000 the previous year.

 

India, with total imports of Defense of $5.9 billion, became the buyer more enthusiastic by the us.UU., beating Saudi Arabia in the first position with purchases that include aircraft of Boeing C-17 strategic and P-8I maritime patrol aircraft.

 

“We are seeing trade patterns change fundamentally for key players”, said Ben Moores, analyst senior consultant security and author of the report. “India is outpacing everyone.”
India overtook China to become the biggest importer of weapons in 2010, according to the Stockholm International Institute for peace, which monitors the global arms trade.
So far, however, most of the hired guns of the India shopping have been from Russia, partly because it has had to replace or upgrade the purchased equipment to its former ally of the Soviet Union.
India has fought to create the indigenous systems of high-tech weapons manufacturing, and depends on imports in their efforts to catch on with China better equipped armed forces.
“It’s a great capability gap that opened up between the Indians and the Chinese,” said Moores.”India is the purchase of a large amount of computers in high range of Americans to address the gap. “
In 2009 the India imported $237 million in military equipment from the United States.UU. , but this increased to $1.9 billion last year, since nearly half of its $13.4 billion of defense procurement budget went to abroad. India represented almost 10 percent of the international market of Defense 63000 million dollars, beating most of the Middle East and China.
Statistical arms of trading may be volatile due to deliveries of items of high value, such as aircraft. But the latest data from the United States and India, measuring the deliveries instead of sales contracts, is significant because other Western arms exporters have been able to do is with agreements with New Delhi, in the face of the scandals of corruption periodical, the slowdown in the growth of the India and budgetary constraints.
France’s Dassault, for example, is still awaiting the India to finalize a preliminary agreement to buy Rafale combat aircraft that could be up to $20 billion.

 

AK Antony, Minister of Defense of India, this month said that his Ministry had used most of his budget for the year that ends in March and would not make large acquisitions until the next year.

 

“There is no spare money,” he said. “All the big projects have to wait until April 1.”
The Middle East, for its part, continued importing military equipment at a rapid pace, and now represents one-third of the world arms market.
Saudi Arabia, Oman and the United Arab Emirates, together imported more from Western Europe as a whole, the purchase of $9.3 billion – dollars in equipment in comparison with $8.7 billion dollars for the second.
Saudi Arabia imported more than $5.4 billion in equipment, more than double the $2.2 billion that bought in 2009. 2015 is expected that imports will increase to $7.8 billion. Program of import of the United Arab Emirates is expected to more than double. By 2015 it is expected that imports from a total of $3.1 billion, against a total of $1.4 billion. U.S. companies accounted for half of all exports of weapons to the region.
South Korea is set to enter the 10 first exporters national military global for the first time in the next 18 months and is expected to overtake China in 2015. Exported $ 600 million the team this year, but by 2015 will be exported $1.5 billion a year in defence equipment and will override some of the large Western companies in the process, said IHS Jane.

 

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