Holding Sway No More?

There is a paradigm shift underway in the international defense marketplace, and it’s led by nations evolving from longtime Western customers and production partners into worldwide sellers. Nations such as Israel, South Korea, Brazil, as well as Russia and China, have enormous potential to rewrite the rules of the twenty-first-century defense business—and America’s military relationships.

It’s true that the biggest defense exporter remains the United States, accounting for 45 percent of $175.5 billion in global arms purchases in 2015, according to Avascent Analytics. As well, Western European firms from allies such as the United Kingdom and France contributed 14 percent globally, according to Avascent data, giving America and its closest European partners a majority position at 59 percent of the market.

Yet for how much longer, though, can the United States count on holding sway over allies—and influence the balance of power in entire regions—through arms sales as it did during the twentieth century?

Read more at The National Interest.

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