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...Spain is buying more than $200 million worth of the U.S.'s F-4 Mach 2, long-range Phantom fighter-bombers...

Author: /time Magazine | Title: ARMAMENTS: THE ARMS DEALERS: GUNS FOR ALL | 3/3/1975 | See Source »

...tanks even though the Chrysler assembly line is now turning out five tanks daily compared to one per day before the Yom Kippur War. For 1975 Jerusalem has already indicated that it needs an additional $2.5 billion in arms. Saudi Arabia's recent purchase of 60 easy-to-operate, Mach 1.6 Northrop F-5 "Tiger 2" fighter-bombers, at a cost of $756 million, has thrust it into third place as an American customer, ahead of Greece, West Germany, Spain, Canada and Taiwan...

Author: /time Magazine | Title: ARMAMENTS: THE ARMS DEALERS: GUNS FOR ALL | 3/3/1975 | See Source »

...areas "ridden by tension." Nonetheless, together they export about $75 million in arms annually. The Swedes specialize in sophisticated electronic equipment and fighter planes; Saab's Draken is flown by the Danish and Finnish air forces, and the firm hopes to find NATO customers for its new Mach 2 Viggen. Switzerland's specialties are antiaircraft weapons, which it has sold in quantities to West Germany, Belgium and The Netherlands...

Author: /time Magazine | Title: ARMAMENTS: THE ARMS DEALERS: GUNS FOR ALL | 3/3/1975 | See Source »

...race in history. In the past two years, Iran has gone on such an arms-buying spree that it has spent $7.6 billion in the U.S. alone acquiring one of the world's most modern arsenals. The Shah's air force will soon add the Grumman F-14 Tomcat Mach 2.3 fighter to its fleet of 60 F-5s and 200 F-4 Phantoms (with another 200 ordered), not to mention eight tankers for inflight refueling...

Author: /time Magazine | Title: ARMAMENTS: THE ARMS DEALERS: GUNS FOR ALL | 3/3/1975 | See Source »

...French have been working almost as hard to sell their latest Mirage, which is a refinement of a design that is already six years old and, experts say, obsolescent. If the Mirage is less agile and costlier (at $6 million), the French claim that it is also faster (Mach 2.5) than its American rivals. Essentially, however, the French count on a buy-European argument...

Author: /time Magazine | Title: AVIATION: The YF-16 Wins a Dogfight | 1/27/1975 | See Source »

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