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Article Sourced From:
Defense News Feb 23, 2015

Article By:
Joe Gould

WASHINGTON, February 04, 2015 - The Department of State and the Defense Security Cooperation Agency (DSCA) have announced an initiative to consider proposals for lead-nation procurements from NATO member countries and NATO organizations – purchases by a lead nation or international organization on behalf of others, through Foreign Military Sales (FMS).  Proposals for lead-nation procurements involving NATO organizations and NATO member countries will be considered on a case-by-case basis during a two-year test period.  Lead-nation procurements will be supported by retransfer arran

WASHINGTON, Jan. 25, 2015 – Defense Secretary Chuck Hagel issued a statement today applauding agreements on defense cooperation between the United States and India, announced by President Barack Obama and Indian Prime Minister Narendra Modi.

Hagel's statement reads as follows:

BY ANDREA SHALAL
WASHINGTON Wed Nov 5, 2014 6:29pm EST
(Reuters) - The U.S. government on Wednesday said it had canceled, at the request of South Korea, a preliminary contract with the U.S. unit of Britain's BAE Systems (BAES.L) to upgrade 134 F-16 fighter jets, ending a major arms deal initially valued at $1.7 billion.

The unusual move, announced by the Pentagon's Defense Security Cooperation Agency, paves the way for South Korea to pursue a similar upgrade deal with Lockheed Martin Corp (LMT.N), the warplanes' original manufacturer.

On November 5, 2014, at the request of the Government of the Republic of Korea, the U.S. Government notified BAE Systems Technology Solutions & Service of Rockville, Maryland, that it would terminate for convenience a contract with BAE for initial development and long lead production in support of the Republic of Korea KF-16 fighter aircraft upgrade.  This contract was the first of a two-phase Foreign Military Sales (FMS) procurement for the upgrade of 134 KF-16s.  The U.S. Government will work with BAE to close out the contract.

Defense News with Vago Muradian
DSCA's Strategic Plan: Vision 2020
VADM Joe Rixey, Director of the Defense Security Cooperation Agency, on the agency's future.

A link to the article is available here.

WASHINGTON, November 3, 2014 -- The Defense Security Cooperation Agency (DSCA) announced today that it is reducing the cost to its international customers of doing business through the Foreign Military Sales (FMS) program.  Effective 1 December 2014, the FMS Contract Administration Services (CAS) Surcharge Rate will decrease from 1.5 percent to 1.2 percent.  

Article Sourced From:
Defense News Oct. 27, 2014

Article By:
Paul McLeary

WASHINGTON, October 27, 2014 - The Defense Security Cooperation Agency (DSCA) announced sales of $34.2 billion for Fiscal Year 2014.  

Sales under the government-to-government Foreign Military Sales (FMS) Program totaled $31.2 billion while sales executed using non-FMS cases managed under various security cooperation authorities totaled $3.0 billion for Fiscal Year 2014.

Article Sourced From:
InsideDefense.com, October 1, 2014

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