U.S. arms sales plunged last year due to economy, F-16 falloff
U.S. arms sales plunged by more than a third in 2001 thanks to the global economic downturn and the previous year's massive order for Lockheed Martin F-16s by the United Arab Emirates, according to a new report by the Congressional Research Service. Merrill Lynch analyst Byron Callan told The DAILY...
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