$11.6 billion


— the value of U.S. arms sales already inked with Iraq. That makes Baghdad the U.S. arms industry’s fourth-largest customer in the region, and its ninth largest in the world. The keystone is the purchase of 36 F-16 fighters for $6 billion. So far, Iraq has deposited $2.5 billion into its F-16 account, with the first F-16 deliveries slated for September 2014. Almost like buying a color TV on the lay-away plan.

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