by Richard Tomkins
Washington (UPI) Nov 30, 2017
The United States logged $41.93 billion in military equipment and services sales to other countries in Fiscal Year 2017, according to the Pentagon.
The figure was released Wednesday by the U.S. Defense Security Cooperation Agency, or DSCA, which manages the U.S. Foreign Military Sales program.
According to DSCA, the total sales included $6.04 billion of deals funded by the State Department's Foreign Military Financing program, $3.87 billion came from deals funded under Defense Department authorities, and $32.02 billion were funded by partner nations through the Foreign Military Sales system.
The totals show strong buyer demand for U.S.equipment and services, DSCA said, which has been working other agencies and other stakeholders to streamline processes when delivering capabilities to U.S. partners.
"This positive sales trend isn't surprising as the United States is the global provider of choice for Security Cooperation," Lt. Gen. Charles W. Hooper, who became DSCA's Director in August, said in a press release. "We deliver not only the most effective defense systems to our partners, but we also ensure a 'Total Package' approach that includes the provision of training, maintenance, and sustainment, to support full spectrum capability for our partners."
FMS, authorized by the Arms Export Control Act and under the direction of the Secretary of State, is used to further U.S. foreign policy and national security objectives by sales of defense articles to foreign countries and international organizations.
Riyadh (AFP) Nov 29, 2017
British Prime Minister Theresa May landed in Riyadh Wednesday for talks with the Saudi king and crown prince, with Yemen's brewing humanitarian crisis and the kingdom's sweeping reforms topping her agenda. May flew in to the Saudi capital on the second leg of her Middle East tour, following a surprise visit to Baghdad where she met her Iraqi counterpart Haider al-Abadi and hailed recent mili ... read more
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|