US arms sales jump 25 percent in FY 2017


The U.S. Defense Security Cooperation Agency, which implements foreign arms sales, on Wednesday announced sales of $41.93 billion for fiscal 2017, a 25 percent rise from a year earlier.

The agency, which is part of the U.S. Department of Defense, said sales included $32.02 billion funded by partner nations through the Foreign Military Sales system and $6.04 billion funded by the State Department’s Foreign Military Financing. $3.87 billion was funded under Defense Department authorities.
“These figures demonstrate a strong demand for U.S. products and services, particularly through FMS. For the past few years, DSCA has been working with the Department of State’s Bureau of Political-Military Affairs, the Office of the Secretary of Defense for Policy, and other stakeholders throughout the U.S. Government, defence industry, and foreign partner communities to streamline processes to ensure even more responsiveness when delivering capabilities to U.S. partners,” the DSCA said.
“This positive sales trend isn’t surprising as the United States is the global provider of choice for Security Cooperation,” said LTG Charles W. Hooper, who became DSCA’s Director in August. “We deliver not only the most effective defence 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.”