The Defense Security Cooperation Agency has announced that the U.S. recorded $33.6 billion in total foreign military sales for fiscal year 2016.
DSCA said Tuesday the figure consists of $25.7 billion in deals funded by partner countries; $5 billion in building partner capacity transactions; and $2.9 billion in FMS-related deals.
âFiscal Year 2016 sales were strong and demonstrate that the FMS process is responsive,â said Vice Adm. Joseph Rixey, director of DSCA.
âThis yearâs totals indicate that our partners continue to seek the quality products and services we offer.â
The State Departmentâs secretary oversees the FMS process under the Arms Export Control Act 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.