[43] THE PRIVATIZATION OF WAR AND CONFLICT (JEL Code D)
Song points outs that the defense budgets in many Asian countries are increasing 5-8% annually as nations modernize their militaries. ... The company is the third largest recipient of Pentagon contracts. In 2003, the LA-based company won $11.1 billion in contracts. ... Kuwait, United Arab Emirates and Iraq. They took delivery of more than $9.3 ... ................
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