. | . |
U.S. military sales more than $47B in fiscal 2015 by Richard Tomkins Washington (UPI) Oct 23, 2015
International sales of U.S. military equipment and services in fiscal 2015 reached an overall total of $47.085 billion. The Defense Security Cooperation Agency, which manages U.S. Security Cooperation programs, said the government-to-government Foreign Military Sales program accounted for $35.359 billion of the total. The remainder -- $11.726 billion – was the result of sales completed through the use of U.S. government appropriations under a variety of other Department of Defense programs, including the Foreign Military Financing program. "The Security Cooperation enterprise continues to refine how we most effectively and efficiently utilize our resources to address our partners' needs while ensuring alignment with our national security and foreign policy objectives," said DSCA Director VADM Joseph Rixey. "This includes both synchronizing our priorities, activities, and resources, as well as enabling more responsive industry participation in the FMS process to ensure we remain the provider of choice for our foreign partners. "The FY15 sales total underscores the progress we are making towards these efforts, the quality of product, and our goal of remaining the provider of choice for our foreign partners." DSCA said the demand for U.S. defense systems remains strong as partner nations -- particularly in Asia, Latin America and Middle East -- seek to modernize and expand military capabilities.
Related Links The Military Industrial Complex at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |