Defense

U.S. weapons sales may slow

Billions of dollars in weapons deals with Egypt are probably going to be put on hold until the situation clears up there. No one from the Pentagon has said thin...

Federal News Radio Custom Media@WTOPWFEDcustom

February 18, 2011 10:56 am

< a min read

Billions of dollars in weapons deals with Egypt are probably going to be put on hold until the situation clears up there. No one from the Pentagon has said things have been shutdown, but one thing is clear, U.S. arms firms may notice a downturn in the near term. Egypt is due to get $1.3 billion in military aid from the U.S this year. Experts say while the deals may not be on the fast track, they won’t disappear, because regardless of who comes to power in North African and Middle Eastern countries facing crises, there will be a demand for U.S. weapons

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