Home / Acquisition & Procurement / Ellen Lord: Foreign Military Sales Program Essential to DoD’s Intl Partnerships

Ellen Lord: Foreign Military Sales Program Essential to DoD’s Intl Partnerships

Ellen Lord

Ellen Lord, defense undersecretary for acquisition,technology and logistics, has said the Defense Department‘s foreign military sales program serves as a means for DoD to help build capacities and capabilities of U.S. partner nations, Reuters reported Thursday.

“It’s a real tool for us in terms of international relations,” Lord told reporters.

The former Textron Systems CEO also aims to help the department accelerate the process for completing transactions to sell weapons systems to foreign governments.

Reuters estimates U.S. arms exports increased more than 50 percent under the previous Obama administration and continues to see an exports growth trend in the current Trump administration.

Check Also

SEC to Address Financial Technology Concerns, Innovations via New Hub

The Securities and Exchange Commission has opened a hub where it can coordinate with public and private sector entities to address concerns and initiate developments in financial technology.
 

Leave a Reply

Your email address will not be published. Required fields are marked *