Xinhua recently published an article which reviewed a number of media reports from Russia, Hong Kong, Iran, Taiwan, Japan, and Britain on U.S. arms sales in Asia. The number of fighter jets, missiles, and rockets that the U.S. will sell to China and North Korea’s neighbors is expected to increase significantly in 2013. U.S. Aerospace Industries Association, whose members include Lockheed-Martin, Boeing, and Northrop-Grumman, issued the same forecast. The Asian focus of the Obama administration and the increased Chinese defense budget are considered primary drivers behind this move. Experts suggested that conflicts in the South China Sea and the East Sea are fueling the U.S. arms manufacturers. Four Global Hawk unmanned aircraft worth US$1.2 billion were sold to South Korea right after North Korea’s rocket launch last month. It seems that both U.S. allies and their opposition agree that the re-balancing process in East and Southeast Asia is profiting the U.S. arms industry.
Source: Xinhua, January 5, 2013
http://news.xinhuanet.com/world/2013-01/05/c_124184314_3.htm