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U.S. lifts restrictions on $195 million in military aid for Egypt

The Trump administration has decided to unfreeze $195 million (147.97 million pounds) in military aid to Egypt which it had previously withheld...

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...

US foreign arms sales reach US$34.8 billion

Foreign sales of US weapons rose to US$34.8 billion in fiscal year 2011 and should hover around US$30 billion this year, the...

Egyptian orders fourth stealth fast missile craft

The US Navy has awarded VT Halter Marine of Pascagoula, Florida, a US$165 million foreign military sales (FMS) contract to build the...