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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.
"FMS, like all Security Cooperation programs, is about relationship building and achieving our national security and foreign policy objectives," VADM Rixey, Director of DSCA, explained. The FMS program facilitates sales of U.S. arms, defense equipment, defense services, and military training to foreign governments.
"FMS agreements result in more capable partners who are able to take on missions that might otherwise fall to U.S. forces. In the broader foreign policy realm, FMS often serves as the basis for long-term relationships between partner countries and the United States. In a relationship context - every single sale is important to us," continued Rixey.
The FMS program is a form of security assistance authorized by the Arms Export Control Act under the direction of the Secretary of State through which the United States may sell defense articles and services to foreign countries and international organizations. It is among several programs enabled by DSCA, the lead agency for the Department of Defense in the execution of Security Cooperation programs, which contribute to the foreign policy and national security objectives of the United States.
For more information on DSCA, please visit www.dsca.mil.