U.S. Arms Sales Could Hit $50 Billion Next Year -- Reuters

U.S. Arms Sales Could Hit $50 Billion Next Year -- Reuters

England (Reuters) - U.S. arms sales will be little changed in fiscal 2010 but could surge by nearly one-third to $50 billion next year, the Pentagon's chief arms seller told Reuters in an interview.

The U.S. government arms sales for the current year, which ends September 30, are likely to be close to $37.8 billion, said Vice Admiral Jeffrey Wieringa, director of the Pentagon's Defense Security Cooperation Agency.

Sales in the last fiscal year totaled $38.1 billion.

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