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Home Defence & Military News Defense Geopolitics News

Fiscal Year 2011 Foreign US Military Sales Exceed $30B

by US Defense Security Cooperation Agency
December 13, 2011
in Defense Geopolitics News
1 min read
0
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U.S. foreign military sales overseen by the Defense Security Cooperation Agency (DSCA) passed the $30 billion mark for the fourth consecutive year, with the fiscal year 2011 total reaching $34.8 billion.

Sales under the government-to-government Foreign Military Sales (FMS) Program were $28.3 billion, while sales executed by non-FMS cases managed under various security cooperation authorities were $6.5 billion.

The sales include cases signed by both the United States and our foreign partners through September 30, 2011.

The top ten FMS customers for fiscal year 2011 were the Afghan Security Forces ($5.4 billion); the Taipei Economic and Cultural Representative Office in the United States ($4.9 billion); India ($4.5 billion); Australia ($3.9 billion); Saudi Arabia ($3.5 billion); Iraq ($2.0 billion); the United Arab Emirates ($1.5 billion); Israel ($1.4 billion); Japan ($0.5 billion); and Sweden ($0.5 billion).

DSCA forecasts FMS sales will continue to hover around $30 billion for fiscal year 2012, but official projections are still being calculated.

FMS and other security cooperation programs support U.S. national defense and foreign policy by helping our partners acquire the defense articles, services, and training they need to provide for their own defense and to be interoperable with the United States and partner nations during coalition operations.

Tags: Defenseexportsmilitary sales
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