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 administrationâs 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.