The Defense Security Cooperation Agency has announced that the U.S. posted $41.93 billion in total foreign military sales for fiscal year 2017.
DSCA said Tuesday the figure includes $32.02 billion in deals funded by partner countries; $6.04 billion in transactions funded the State Department’s foreign military funds; and $3.87 billion in FMS deals funded by agencies within the Defense Department.
“This positive sales trend isn’t surprising as the United States is the global provider of choice for security cooperation,” said Army Lt. Gen. Charles Hooper, DSCA director.
Hooper, who became DSCA chief in August, added the FY 2017 sales seek to reflect the agency’s efforts to adopt a “total package approach” that aims to deliver maintenance, training and sustainment support to nation partners.
The Secretary of State oversees the FMS process through the Arms Export Control Act in an effort to help the U.S. government facilitate the sale of defense equipment, military training and other defense services to foreign countries and international organizations in support of U.S. national security and foreign policy goals.