May 7, 2012
U.S. corporations are selling drones to undisclosed foreign governments for anti-narcotics and anti-terrorism operations, according to Teddy Wilson at The American Independent.
The global market for unmanned aerial vehicles (i.e. drones) is growing rapidly as the use of drones expands from military to domestic law enforcement.
The U.S. government sells drones to other countries through Foreign Military Sales, and U.S. corporations can sell drones and other defense technologies directly to foreign governments after going through a screening process run by the Bureau of Political-Military Affairs at the U.S. Department of State.
Vanguard Defense Industries, a Texas-based defense contractor, is predicting that next year its domestic sales will increase 25 percent to between $35 million and $40 million, but the majority of its sales will be overseas.
This article was posted: Monday, May 7, 2012 at 7:49 am