"U.S. Arms Makers Seek Global Expansion for Stockpile Growth"

1 min read
Source: The Wall Street Journal
"U.S. Arms Makers Seek Global Expansion for Stockpile Growth"
Photo: The Wall Street Journal
TL;DR Summary

U.S. arms makers are turning to overseas sales to bolster their stockpiles amid a surge in demand for military equipment. The defense industry is seeking to increase production capacity and secure long-term contracts with foreign buyers to ensure a steady supply of weapons and ammunition. This move comes as the U.S. military faces challenges in meeting its own needs due to budget constraints and disruptions caused by the COVID-19 pandemic.

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