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Title : U.S. Military Sales Abroad Are Booming
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U.S. Military Sales Abroad Are Booming
Defense News: America sold nearly $42B in weapons to foreign countries in 2017
WASHINGTON ― U.S. defense companies sold $41.93 billion worth of weapons to foreign partners and allies in fiscal 2017, an almost 20 percent increase over 2016 figures.
Of that total, $32.02 billion came through Foreign Military Sales, $6.04 billion was through Foreign Military Financing and $3.87 billion in cases funded through other Defense Department authorities, according to a Wednesday announcement from the State Department.
Regionally, sales made through FMS and FMF totaled roughly $22 billion for Central Asia/Near East; $7.96 billion to the Indo-Pacific; $7.3 billion to Europe; $641.6 million to the Western Hemisphere; and $248.6 million to Africa.
This number represents actual sales agreed to with customers, as opposed to notifications to Congress by the Defense Security Cooperation Agency, which also set a record in FY17. Those notifications are not final and only apply to potential sales that must be cleared by Congress.
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More News On U.S. Military Sales Abroad
Pentagon: US sold almost $42B in weapons to other nations in 2017 -- The Hill
U.S. sales to foreign militaries top $41 billion in fiscal year 2017 -- UPI
US arms sales jump 25 percent in FY 2017 -- Defence Web
US Foreign Military Sales Hit $42B in Fiscal 2017; Lt. Gen. Charles Hooper Comments -- Executive Government
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Defense News: America sold nearly $42B in weapons to foreign countries in 2017
WASHINGTON ― U.S. defense companies sold $41.93 billion worth of weapons to foreign partners and allies in fiscal 2017, an almost 20 percent increase over 2016 figures.
Of that total, $32.02 billion came through Foreign Military Sales, $6.04 billion was through Foreign Military Financing and $3.87 billion in cases funded through other Defense Department authorities, according to a Wednesday announcement from the State Department.
Regionally, sales made through FMS and FMF totaled roughly $22 billion for Central Asia/Near East; $7.96 billion to the Indo-Pacific; $7.3 billion to Europe; $641.6 million to the Western Hemisphere; and $248.6 million to Africa.
This number represents actual sales agreed to with customers, as opposed to notifications to Congress by the Defense Security Cooperation Agency, which also set a record in FY17. Those notifications are not final and only apply to potential sales that must be cleared by Congress.
Read more ....
More News On U.S. Military Sales Abroad
Pentagon: US sold almost $42B in weapons to other nations in 2017 -- The Hill
U.S. sales to foreign militaries top $41 billion in fiscal year 2017 -- UPI
US arms sales jump 25 percent in FY 2017 -- Defence Web
US Foreign Military Sales Hit $42B in Fiscal 2017; Lt. Gen. Charles Hooper Comments -- Executive Government
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