US foreign military sales exceeded $30 billion for the fourth consecutive year in Fiscal 2011, announced the Defense Security Cooperation Agency, which oversees the Pentagon’s transfer of military equipment to allies and friends. In total, DSCA recorded $34.8 billion in total equipment sales last fiscal year, which ended on Sept. 30. The bulk of that, or $28.3 billion, occurred under the government-to-government FMS program. The top three FMS customers were: Afghanistan ($5.4 billion), Taiwan ($4.9 billion), and India ($4.5 billion), according to the agency. Rounding out the top 10 were Australia ($3.9 billion), Saudi Arabia ($3.5 billion), Iraq ($2.0 billion), United Arab Emirates ($1.5 billion), Israel ($1.4 billion), Japan ($0.5 billion), and Sweden ($0.5 billion). DSCA forecasts that FMS sales will be around $30 billion in Fiscal 2012.
Audio of this article is brought to you by the Air & Space Forces Association, honoring and supporting our Airmen, Guardians, and their families. Find out more at afa.orgMarc Berkowitz, the Trump administration’s nominee to serve as assistant secretary of...
