Obama fuels surge in US arms exports ; Raytheon major beneficiary

This is a summary. To read the whole story subscribe to

WASHINGTON — The Obama administration is making an aggressive push, both publicly and privately, to help US weapons manufacturers sell more arms overseas, including lobbying foreign leaders to purchase warships, aircraft, and missiles and relaxing some controls on the transfer of military components, according to administration and industry officials.

Since 2009, when President Obama took office, the United States has led a surge in global arms deals, accounting for nearly a third of the total of roughly $30 billion in international weapons transfers completed in 2012, according to the Stockholm International Peace Research Institute.

Full story for subscribers.

Get the full story with unlimited access to

Just 99 cents for four weeks.