Home / DoD / Lt. Gen. Charles Hooper: DSCA Mulls Shipment Fee Reduction for Foreign Weapons Buyers

Lt. Gen. Charles Hooper: DSCA Mulls Shipment Fee Reduction for Foreign Weapons Buyers

Charles Hooper

Lt. Gen. Charles Hooper, director of the Defense Security Cooperation Agency and a 2018 Wash100 awardee, has said that DSCA looks to cut the transportation fee charged to foreign military sales clients, Defense News reported Saturday.

The agency calculates shipping charges on FMS contracts fee partly based on current oil prices and seeks to lower the fee as part of efforts to increase sales of U.S.-built weapons systems to the country’s allies.

DSCA lowered in June the FMS administration surcharge from 3.5 percent on every transaction to 3.2 percent.

Check Also

GAO Reports on IRS Information Security

The Government Accountability Office has reviewed the Internal Revenue Service's data security and discovered 14 new vulnerabilities. GAO said Thursday that it evaluated IRS' information security controls in fiscal year 2018 and recommends the revenue agency to bolster protection of financial and taxpayer information.

Leave a Reply

Your email address will not be published.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