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US Arms Sales Overseas Skyrocketed 33% in 2018

Breaking Defense

By Paul Cleary

AUSA CONFERENCE: The United States sold $55.6 billion worth of weapons to allies in fiscal 2018, a massive 33 percent increase over 2017 as the Trump administration has given the Pentagon and State Department a green light to sell more, more quickly, overseas.

America sold $55.6 billion in weapons abroad in FY18 — a 33 percent jump

Defense News

By Aaron Mehta

WASHINGTON — 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.

Fiscal Year 2018 Sales Total $55.66 Billion

WASHINGTON, October 9, 2018 -- The Defense Security Cooperation Agency (DSCA) announces Foreign Military Sales (FMS) of $55.66 billion for Fiscal Year 2018.  The total sales figure includes all sales executed through the FMS program to include: $3.52 billion for cases funded by the State Department’s Foreign Military Financing Program; $4.42 billion for cases funded under Defense Department authorities; and $47.71 billion funded by partner nations. 

America has sold more weapons in six months than in all of 2017

Defense News

FARNBOROUGH, England, July 19, 2018 — As the Trump administration pushes the sale of American weapons as a key part of its plan to grow the economy, America has already eclipsed its overall defense trade total from last year.

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Pentagon looks to lower costs for nations buying American weapons — again

Defense News 

FARNBOROUGH, England, July 20, 2018 — The Pentagon is considering lowering a transportation fee for foreign buyers of American defense goods as part of a broader push to lower the cost and hurdles for foreign military sales.

U.S. Has Already Sold More Weapons This Year Than All 2017: $47B

Breaking Defense

FARNBOROUGH, July 16, 2018 - The United States has already blown past the amount of weaponry it sold to foreign governments all last year — with more than two months to go before the fiscal year ends.

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POLITICO Pro Q&A: DSCA Director Vice. Adm. Joseph Rixey

Article Sourced From:
Politico Pro Aug. 14, 2016

Article By:
Ellen Mitchell

AIRSHOW-U.S. arms makers say sales process improving but still too slow

By Andrea Shalal

(Reuters) - American weapons makers this week welcomed a push by U.S. government agencies to better coordinate on arms sales policies, but say most deals still take far too long to process, frustrating potential customers.

Many U.S. arms makers have sought to offset declines in American and European defense spending by boosting international sales, but they regularly complain that slow government approvals of deals frustrates some customers and drives them to look at offers from non-U.S companies.

DSCA Reorganizing to be More Nimble

Article Sourced From:
Defense News Feb 23, 2015

Article By:
Joe Gould

Fiscal Year 2014 Foreign Military Sales Exceed $30B

WASHINGTON, October 27, 2014 - The Defense Security Cooperation Agency (DSCA) announced sales of $34.2 billion for Fiscal Year 2014.  

Sales under the government-to-government Foreign Military Sales (FMS) Program totaled $31.2 billion while sales executed using non-FMS cases managed under various security cooperation authorities totaled $3.0 billion for Fiscal Year 2014.

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