DSCA

Fiscal Year 2018 Sales Total $55.66 Billion

WASHINGTON, October 9, 2018 -- The Defense Security Cooperation Agency (DSCA) announces Foreign Military Sales (FMS) of $55.66 billion for Fiscal Year 2018.  The total sales figure includes all sales executed through the FMS program to include: $3.52 billion for cases funded by the State Department’s Foreign Military Financing Program; $4.42 billion for cases funded under Defense Department authorities; and $47.71 billion funded by partner nations. 

AIRSHOW-U.S. arms makers say sales process improving but still too slow

By Andrea Shalal

(Reuters) - American weapons makers this week welcomed a push by U.S. government agencies to better coordinate on arms sales policies, but say most deals still take far too long to process, frustrating potential customers.

Many U.S. arms makers have sought to offset declines in American and European defense spending by boosting international sales, but they regularly complain that slow government approvals of deals frustrates some customers and drives them to look at offers from non-U.S companies.

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