TheÂ Defense Security Cooperation AgencyÂ has announced that the U.S. posted $41.93 billion inÂ 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 Departmentâs foreign military funds; and $3.87 billion in FMS deals funded by agencies within the Defense Department.
âThis positive sales trend isn’t surprising as the United States is the global provider of choice for security cooperation,â said Army Lt. Gen. Charles Hooper, DSCA director.
Hooper, who became DSCA chief in August, added the FY 2017 sales seek to reflect the agencyâs efforts to adopt a âtotal package approachâ that aims to deliver maintenance, training and sustainment support to nation partners.
The Secretary of State oversees the FMS process through theÂ Arms Export Control ActÂ 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.