US International Arms Sales Total $33.6B in 2016

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US defense sales internationally totaled $33.6 billion in Fiscal 2016—a large drop from Fiscal 2015’s total of $47 billion, the Defense Security Cooperation Agency said Tuesday. The 2016 total included $2.9 billion in Foreign Military Financing-funded cases, $5? billion in Building Partner Capacity-funded cases, and $25.7 billion funded by partner nations, DSCA said in a release. While there’s a drop from last year, DSCA Director Vice Adm. Joseph Rixey said the three-year sales averages show a “continuing, growing sales-trend over the last decade.”

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.org