Home / DoD / DSCA Announces FMS Administrative Surcharge Reduction; Lt. Gen. Charles Hooper Comments

DSCA Announces FMS Administrative Surcharge Reduction; Lt. Gen. Charles Hooper Comments

Charles Hooper

The Defense Security Cooperation Agency will reduce the administrative services fee for foreign military sales from 3.5 percent on every transaction to 3.2 percent.

DSCA said Wednesday the surcharge reduction will take effect June 1 and supports the Trump administration’s conventional arms transfer policy that seeks to increase sales of U.S. defense products and service offerings to international partners.

Lt. Gen. Charles Hooper, director of DSCA and a 2018 Wash100 recipient, said the initiative demonstrates the Defense Department‘s commitment “to charge only what is needed in order to support the administration of the FMS program.

The agency reviews the administrative surcharge account of the program annually and every five years before making a fee adjustment.

Check Also

FCC Unveils Two Locations to Test Advanced Wireless Comms

The Federal Communications Commission has established innovation zones in Salt Lake City and New York City to experiment with newer wireless communication networks that include fifth-generation cellular technology. The National Science Foundation proposed the creation of the testing areas to help increase connectivity through wireless devices and services, FCC said Monday.

Leave a Reply

Your email address will not be published.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