Issue 67  
Afp-Feed: USA-politique-armée - 15.12.2018 Afp-Feed: politique-armée-Ethiopie-justice - 15.12.2018 Afp-Feed: Ethiopia-politics-army - 15.12.2018 Afp-Feed: Ukraine-army-accident-defence - 15.12.2018 Afp-Feed: Israël-Palestiniens-conflit-armée,LEAD - 15.12.2018 Afp-Feed: Ukraine-défense-accident-armée - 15.12.2018 Afp-Feed: défense-diplomatie-armée-Russie-USA - 15.12.2018 Afp-Feed: Israël-Palestiniens-conflit-armée - 15.12.2018 Afp-Feed: Philippines-US-military-history-diploma - 15.12.2018 Afp-Feed: Philippines-US-military-history-diploma - 15.12.2018 Afp-Feed: Kosovo-Serbia-politics-army,WRAP-update - 15.12.2018 Afp-Feed: Kosovo-Serbie-Otan-diplomatie-défense,P - 15.12.2018 Afp-Feed: Nigeria-violences-armée-conflit-aide-ON - 15.12.2018 Afp-Feed: Nigeria-violences-armée-conflit-aide-ON - 15.12.2018 Afp-Feed: ONU-Kosovo-Serbie-Otan-diplomatie-défen - 15.12.2018 Afp-Feed: Nigeria-unrest-BokoHaram-military-UNICE - 15.12.2018 Afp-Feed: ONU-Kosovo-Serbie-Otan-diplomatie-défen - 15.12.2018 Afp-Feed: Kosovo-Serbie-Otan-diplomatie-défense,P - 15.12.2018 Afp-Feed: Kosovo-Serbia-politics-army,WRAP-update - 15.12.2018 Afp-Feed: Nigeria-armée-conflit-aide-ONU,LEAD - 14.12.2018
Agenda
12.10.2018 12:43

US Arms Sales Overseas Skyrocketed 33 percent in 2018

The U.S. inked $55.6 billion in foreign military sales during fiscal year 2018, easily smashing past the previous year’s total — and the Pentagon’s point man for security cooperation expects more in the future.

“This is a 33 percent increase over last year and I’m very optimistic that this positive trajectory will continue,” said Lt. Gen. Charles Hooper, the head of the Defence Security Cooperation Agency, during a speech at the AUSA conference. “Our partners know a good thing when they see one.”

Included in that total are $3.52 billion for cases funded by the State Department’s Foreign Military Financing program; $4.42 billion for cases funded under Defence Department authorities; and $47.71 billion funded through pure FMS cases, per the State Department.

In FY17, the U.S. sold $41.93 billion in FMS deals, and the Pentagon has not been shy about hyping the final dollar total for this year. In July, Hooper said the department had already inked $46.9 billion in deals, and a Pentagon report released last year said that the U.S. had inked $54.45 billion through the end of August.

Sales totals are volatile year over year, depending on what partner nations seek to buy. In FY16, sales totalled $33.6 billion, while FY15 totalled just more than $47 billion and FY14 totalled $34.2 billion.

In FY18 the State Department cleared roughly $70 billion in potential FMS deals, spread over 70 individual requests.

 

 

RELATED NEWS

Contact Us

Address : Teşvikiye Deryadil Sok. Şeren Apt. No: 104/10 Şişli 34365, İstanbul
Phone : +90 212 296 00 39
E-Mail : info@c4defence.com

Latest News

Agenda

A400M Passes First Phase

Royal Air Force Members of ...

Agenda

Brazil to Join Nuclear-Po

Brazil launched the first o...

Agenda

$541 Million to Build 11

Taiwanese domestic company ...

Twitter

COPYRIGHT © 2015 C4 Defence.