U.S. companies are reaping big benefits from the Iraqi government’s battle with ISIS militias. Three sales, including some big-ticket items, announced last month will put nearly $1 billion in the pockets of American defense contractors if Congress approves the sales.
These are just the latest in a string of sales of military equipment to the Iraqi government. Others have included Stinger missiles, C-130J cargo planes, drones and patrol boats.
Since 2005, the U.S. government has provided more than $14 billion in military hardware, services and training to Iraq, according to Global Post. The Iraqi government is now requesting more equipment to battle the Sunni militias, which have taken over large swaths of the country, and American contractors stand to make even more money as the fighting progresses.
To Learn More:
Pentagon Plans To Deliver $1B In Weapons Systems To Iraq. Even Blimps. (by Jill R. Aitoro, Washington Business Journal)
These Are The 9 Weapons The U.S. Is Selling Iraq (by Allison Jackson, Global Post)
Forgotten by Most Americans, Iraq is Still a Source of Profits for U.S. Weapons Makers (by Noel Brinkerhoff, AllGov)
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