Rankings: SIPRI released International Military Expenditure data for 2010

Rankings: SIPRI released International Military Expenditure data for 2010
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“The institute, which on April 11 released its yearbook for 2010, said Algeria led major oil producers in Africa for military procurement, Middle East Newsline reported. The Algerian military procurement was said to mark an arms race with neighboring Morocco.

“In recent years concerns have been expressed that regional rivals Algeria and Morocco are engaged in an arms race,” the report said. “SIPRI data shows that the overwhelming majority of arms transfers to North Africa for the period 2005–2009 were destined for Algeria.”

The report said the Algerian-Moroccan arms race could influence Libyan defense spending. Morocco has already placed orders for F-16 fighter-jets, Sigma-class frigates and missiles.

SIPRI said major weapons recipients between 2005 and 2009 were Greece and the United Arab Emirates. Israel and Algeria were ranked sixth and ninth during that period.

“Recent arms acquisitions by certain states in Latin America, the Middle East, North Africa and South East Asia suggest that a pattern of reactive arms acquisitions is emerging, that could develop into regional arms races,” the report said. “Asian and Middle Eastern countries are expected to remain among the world’s largest importers.”

The United States was deemed the leading military supplier to the Middle East. One market identified by the institute was Iraq, whose military has been developed by Washington.”

Source: http://www.worldtribune.com/worldtribune/WTARC/2011/me_military0426_04_12.asp

Photo Credit: Aircraft_Fighter_Jet_MiG-35_Fighter_4 by By mashleymorgan / FlickR