US DSCA Announced Sales of $41.93 Bln in 2017

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  • 03:59 PM, November 30, 2017
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US DSCA Announced Sales of $41.93 Bln in 2017
US Defense Security Cooperation Agency

The US Defense Security Cooperation Agency (DSCA) announced sales of $41.93 billion for the fiscal year 2017.

The total sales include $6.04 billion of cases funded by the State Department’s Foreign Military Financing; $3.87 billion in cases funded under Defense Department authorities; and $32.02 billion funded by partner nations through the Foreign Military Sales (FMS) system, DSCA said in a statement Thursday.

“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, defense industry, and foreign partner communities to streamline processes,” it said. 

“We ensure a ‘Total Package’ approach that includes the provision of training, maintenance, and sustainment, to support full spectrum capability for our partners,” said LTG Charles W. Hooper, who became DSCA’s Director in August. 

FMS is a security assistance program authorized by the Arms Export Control Act under the direction of the Secretary of State. The United States uses FMS to further U.S. foreign policy and national security objectives by sales of defense articles, defense services, and military training to foreign countries and international organizations.

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