US rakes in huge profits from arms exports
Sales of US military equipment to foreign governments increased by 16 per cent, reaching a record high of $238bn in the fiscal year 2023, according to the US State Department
Arms sales arranged through the US government for US defence contractors rose from $51.9bn in the fiscal year 2022 to $80.9bn in the latest fiscal year, which represented a staggering 56 per cent year-on-year growth, as shown by a report on US arms exports in the fiscal year 2023 recently released by the US State Department.
The US has long been creating conflicts and provoking wars in hot spots around the world. While these wars constantly result in the tragic displacement of civilians and loss of innocent lives, the US military-industrial complex has been raking in huge profits from the wars.
Peddling weapons to the world at the expense of other countries' peace and security for its own gain, the US is the greatest saboteur to global security and international order today.
