US Arms Industry Would Lose Big from Egypt Aid Cut-Off

by Thalif Deen

UNITED NATIONS- The United States, which has refused to cut off its hefty 1.3 billion dollars in annual military aid to Egypt, continues to argue that depriving arms to the 438,500-strong security forces will only “destabilise” the crisis-ridden country.

There is perhaps a more significant – but undisclosed – reason for sustaining military aid flows to Egypt: protecting U.S. defence contractors.