11.25.2015

Good news from the marketing department

U.S. working to keep up with surging weapons demand: Pentagon | Reuters

"The U.S. government is working hard to ensure quicker processing of U.S. foreign arms sales, which surged 36 percent to $46.6 billion in fiscal 2015 and look set to remain strong in coming years, a top Pentagon official said."

Still, not everybody’s happy…

"U.S. companies and some foreign countries have expressed growing frustration in recent months about delays in arms sales approvals. They argue that the U.S. government has not expanded its capacity to process arms deals despite a big spike in such transactions.

Jeff Kohler, Boeing Co's (BA.N) vice president for international business development, said earlier this month he and his Gulf customers were 'a little frustrated' with delays in getting U.S. approvals for fighter jet sales."

And we’re not talking Gulf of Mexico here, IYKWIM.

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