Military Good Exports Soar Over the Last Ten Years, Says Census
The U.S. export of military goods increased from $8.3 million in 2002 to $18.8 million in 2012, the Census Bureau said in a Dec. 18 blog post. The majority of the military goods, which do not include those sent to…
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the U.S. military overseas, went to Asia, primarily Japan and South Korea, according to Census. In 2012, military aircraft constituted 70 percent of U.S. military exports, including fighter jets, helicopters, engines, launching gear. The export value for military aircraft parts, however, exceeded the export value for intact aircraft, according to Census. Export Control Reform revised U.S. military aircraft controls in its Oct. 15 implementation rule (see 13110705).