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U.S. may sell precision-guided bombs to UAE: source

WASHINGTON (Reuters) – The U.S. government may soon announce plans for a large sale of precision-guided bombs to the United Arab Emirates, a source familiar with the arms sales plans said late on Thursday, as tensions mounted with Iran over its nuclear program. The Pentagon is considering a significant sale…

U.S. foresees $46 billion in 2011 military sales

WASHINGTON (AFP) – The United States plans to export $46.1 billion in weapons this year, nearly doubling its 2010 figures, officials said. During the fiscal year 2011, which ends September 30, Washington expects the sales of equipment and military services through its Foreign Military Sales process to grow. About 79…