U.S.-Philippines pact could modestly boost American arms sales

WASHINGTON (Reuters) - A new 10-year security pact between the United States and the Philippines could lead to modest increases in U.S. weapons sales in coming years, especially for maritime surveillance equipment, analysts said on Sunday.

The agreement, to be signed on Monday, establishes a framework for an increased U.S. military presence in the Philippines and is part of a "rebalancing" of U.S. resources toward the fast-growing Asia-Pacific region.