Jan. 26, 2023

Ukraine, Asia Drove 50% Increase in FY22 Arms Sales

The Defense Security Cooperation Agency last year saw a substantial increase in the arms sales it administers, including arms purchased directly by partner nations with their own funds and sales funded through the Foreign Military Financing program. Total arms sales in fiscal year 2022, about $52 billion worth, exceeded FY21's $34.81 billion in sales by nearly 50%.