U.S. FMS Deals Top $25 Billion

By Robert Wall

LONDON – The U.S. Defense Department says foreign military sales (FMS) for the past fiscal year reached $25.2 billion, with another $6.4 billion in other security cooperation deals.

The Defense Security Cooperation Agency notes that its combined deals now topped $30 billion for the third straight year. The FMS total is slightly below the level achieved in ...

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