U.S. Arms Industry Would Lose Big from Egypt Aid Cut-Off

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.

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