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Tag: FMS

June 13, 2023

Department of Defense Unveils Comprehensive Recommendations to Strengthen Foreign Military Sales

Secretary of Defense Lloyd J. Austin III approved a tasking memo from the Department of Defense (DoD) Foreign Military Sales (FMS) Tiger Team that highlights six key FMS pressure points and directs implementation of recommendations to improve and accelerate the Department's institutional processes to execute FMS cases. The efforts of the Tiger Team and the Department's commitment to improve the FMS system advance the direction of the 2022 National Defense Strategy to break down barriers to working with allies and partners.

Jan. 31, 2023

New Policy Creating Credit Assured Payment Schedules, Opportunity For Input

The Defense Security Cooperation Agency (DSCA) issued policy for a new term of sale called, “Credit Assured Payment Schedules” (CAPS).  CAPS makes the United States a more competitive partner by providing an alternative to the standard “Cash Upon Acceptance” term of sale, which requires full payment upfront.  The new CAPS term of sale is intended for partners who do not qualify for payment schedules under previous policy.

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%.

Jan. 25, 2023

FY22 Security Cooperation Figures Announcement

The Defense Security Cooperation Agency (DSCA) announces the fiscal year 2022 U.S. arms transfer figures, as well as other notable accomplishments and statistics, highlighting the depth and breadth of U.S. security cooperation efforts. Arms transfers for fiscal year 2022 totaled $51.92 billion, resulting in a three-year rolling average of $45.84 billion.

Jan. 19, 2023

DLA, DSCA look to the future during foreign military sales summit

Agility and auditability were among the themes discussed at the annual Defense Logistics Agency/Defense Security Cooperation Agency Foreign Military Sales Summit held Jan. 18-19 at DLA’s headquarters on Fort Belvoir, Virginia.

March 2, 2022

USASAC: Senegal capability bolstered through Foreign Military Sales

The U.S. Army Security Assistance Command’s delivery of the latest tranche of M4A1 rifles arrived in Dakar, Senegal Jan. 21, providing partner capacity for counterterrorism efforts.

Dec. 22, 2021

Fiscal Year 2021 Security Cooperation Figures

December 22, 2021 - The Defense Security Cooperation Agency (DSCA) and the U.S. Department of State’s Bureau of Political-Military Affairs announce the Fiscal Year 2021 U.S. arms sales figures, as well as other notable Defense and State Department statistics, highlighting the depth and breadth of U.S. Security Cooperation and Security Assistance efforts worldwide. 

Nov. 16, 2021

Six MD-530F+ Attack Helicopters Delivered to the Lebanese Armed Forces

Ambassador Dorothy C. Shea delivered remarks at Hamat Airbase.

Sept. 13, 2021

DSCA Hosts Signing Ceremony for UK C-17 Contract Support FMS Case

The Defense Security Cooperation Agency (DSCA) hosted a signing ceremony for the Foreign Military Sale of contract support for the United Kingdom's fleet of eight C-17 Globemaster III Strategic Lift aircraft on August 31, 2021, at DSCA Headquarters.

July 22, 2021

U.S. and Montenegro strengthen security cooperation relationship

The United States Office of Defense Cooperation (ODC) in Montenegro prides itself as being able to offer a full spectrum of opportunities through the full package approach concept, all the while supporting the United States focus of being the leader of Strategic Competition. Recently, ODC Montenegro added a new permanent Foreign Military Finance (FMF) / Foreign Military Sales (FMS) Program Manager to their team, increasing their overall office size; further demonstrating the United States commitment and dedication to its Partner and the NATO strategic mission.

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