The United States dominates the high-end arms market, and as a result the high-end arms market dominates American discussions of weapons sales. But while American analysts focus on fifth generation front-line fighters and billion-dollar transactions, there is a second market for buyers looking for a better deal. This “value market” encompasses at least 112 countries with annual defense budgets of less than three 24-plane squadrons of new F/A-18s. Russia has always been a major player in this market, providing older-vintage or refurbished equipment to states that have often been neglected by Washington. But as a result of its invasion of … Continue reading Helping India Replace Russia in the Value Arms Market
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Helping India Replace Russia in the Value Arms Market
The United States dominates the high-end arms market, and as a result the high-end arms market dominates American discussions of weapons sales. But while American analysts focus on fifth generation front-line fighters and billion-dollar transactions, there is a second market for buyers looking for a better deal. This “value market” encompasses at least 112 countries with annual defense budgets of less than three 24-plane squadrons of new F/A-18s. Russia has always been a major player in this market, providing older-vintage or refurbished equipment to states that have often been neglected by Washington. But as a result of its invasion of … Continue reading Helping India Replace Russia in the Value Arms Market