US Military Sales to Allies Tops $34B in 2014

Article Sourced From:
Defense News Oct. 27, 2014

Article By:
Paul McLeary

WASHINGTON — The US government helped facilitate the sale of $34.2 billion worth of defense equipment to allies during fiscal 2014, the Defense Security Cooperation Agency (DSCA) announced on Monday, a slight uptick from the roughly $30 billion in sales in 2013.

Sales were led by a few blockbuster deals that helped some of the largest US defense firms continue to post strong numbers despite the relative slowing of defense spending by the Pentagon.

Leading the list was the $11 billion purchase of 10 Patriot missile batteries by Qatar in July, a deal that included 24 Apache helicopters and 500 Javelin anti-tank missiles.

American defense companies Raytheon and Lockheed Martin manufacture the Patriot missile hardware and Javelin anti-tank missiles, while Boeing produces the Apache.

In August, the department also announced a $2.5 billion agreement with the UAE for 4,500 mine-resistant, ambush-protected vehicles MRAPs — mostly made by Navistar Defense — and another $2 billion deal with Saudi Arabia to upgrade the country’s Boeing-made airborne warning and control system fleet.

In January, Singapore spent $2.4 billion to upgrade its Lockheed Martin-made F-16s.

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