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Industry: Iraq spends $ 10 billion a year on weapons
Date: 15/10/2016 09:00
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Information / special ...
It revealed the Ministry of Industry and Minerals, Saturday, from Iraq to spend 10 billion to buy weapons, light and medium, while their ability to produce such weapons confirmed the $ 700 million only in the case of the purchase of factory production lines.
The director of the defense industry in the ministry appearance Sadiq al-Tamimi told / information /, "The government spends between $ 10 billion to seven billion and a half billion dollars annually for the purchase of ammunition and small arms and medium, while the ministry is able to meet the military requirements of the same specifications in if the purchase of production lines. "
He added that "the arms industry, and ammunition for light and medium needs to high-tech and very accurate this exists among global companies only have been negotiating with them to buy similar lines to the one owned by the prices of up to two billion dollars only, but the money was not available until now."
The Al-Tamimi, that "the import of production lines provides for Iraq huge amounts of money, where can the ministry to provide the armed forces with weapons and equipment the same quality and at a price not to exceed $ 700 million," adding that "the ministry is considering at the moment the involvement of the investor to buy the production lines and an end to the crisis and dependence domestic product to support the armed forces. " Finished / 25 d
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[url][/url]Information / special ...
It revealed the Ministry of Industry and Minerals, Saturday, from Iraq to spend 10 billion to buy weapons, light and medium, while their ability to produce such weapons confirmed the $ 700 million only in the case of the purchase of factory production lines.
The director of the defense industry in the ministry appearance Sadiq al-Tamimi told / information /, "The government spends between $ 10 billion to seven billion and a half billion dollars annually for the purchase of ammunition and small arms and medium, while the ministry is able to meet the military requirements of the same specifications in if the purchase of production lines. "
He added that "the arms industry, and ammunition for light and medium needs to high-tech and very accurate this exists among global companies only have been negotiating with them to buy similar lines to the one owned by the prices of up to two billion dollars only, but the money was not available until now."
The Al-Tamimi, that "the import of production lines provides for Iraq huge amounts of money, where can the ministry to provide the armed forces with weapons and equipment the same quality and at a price not to exceed $ 700 million," adding that "the ministry is considering at the moment the involvement of the investor to buy the production lines and an end to the crisis and dependence domestic product to support the armed forces. " Finished / 25 d
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