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Saturday, October 9, 2010

China Working to Counter US Naval Power in the Pacific


China Working to Counter US Naval Power in the Pacific

China's growing military capabilities are raising concerns in the United States and among its neighbors.
The U.S. Department of Defense says China is developing a ballistic missile that can hit aircraft carriers more than 1,500 kilometers away.
That program is in addition to the country's already extensive missile defense system, which includes more than one thousand missiles pointed at Taiwan, which Beijing considers part of its territory.

Thursday, October 7, 2010

France Arms export orders worth 8.16 Billion euros

Paris - France booked 2009 arms export orders worth 8.16 billion euros ($11.31 billion), a 22 percent rise over the previous year, showing a climb out of the lows hit in the middle of the last decade, Defense Ministry spokesman Laurent Teisseire said.

In 2008, France reported orders worth 6.58 billion euros; in 2007, 5.5 billion euros.
A second year of improvement in export performance reversed the "very negative slope" hit in the middle of the last decade when foreign sales hit a low of just over 3 billion euros, he said.With the latest figures, France held its rank as the fourth-largest arms exporter with a 7.2 percent share of the world market, and better reflected the country's industrial capacity, Teisseire told a press conference in a joint presentation with the Foreign Ministry of the government's annual report to parliament on weapon exports.
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