. | . |
U.S. sold $55.4B in weapons to allies, partners in FY19 by Ed Adamczyk Washington (UPI) Oct 16, 2019 U.S. manufacturers sold weapons valued at $55.4 billion to foreign partners in fiscal year 2019, the Defense Security Cooperation Agency announced. Payments from partner countries accounted for $48.25 billion of the total. Another $3.67 billion came from grant assistance programs, including Foreign Military Financing and the Global Peacekeeping Operations Initiative. Cases funded under the Defense Department's Title 10 grant assistance programs, including a fund for training and equipping the Afghan Security Forces Fund, added another $3.47 billion. An average of $51 billion in sales in the past three years indicates a "continued strength in the sales of U.S. defense articles and services to allies and foreign partners," DSCA said in a statement. Sales totaled $55.6 billion in Fiscal Year 2018, a large increase from $41.93 billion in Fiscal Year 2017. Procurement of fighter planes, like the F-35B Lightning II at up to $115 million per plane, have a strong impact on yearly figures. The three-year trend is indicative of a reform to the Foreign Military Sales process begun in the administration of President Barack Obama, and a belief, in the administration of President Donald Trump, that weapons sales are a valuable economic stimulant worthy of prioritization. "Security cooperation has been elevated to a tool of first resort for U.S. foreign policy," Lt. Gen. Charles Hooper, DSCA director, said on Tuesday at the Association of the U.S. Army's annual conference. "We, the United States, will continue to embody what makes us great; transparency in our business practices, responsiveness to our partners' needs, integrity in all that we do and commitment to not only advance our national security objectives but those of our partners as well."
Canada, UK, Spain suspend arms exports to Turkey over Syria Ottawa (AFP) Oct 15, 2019 Canada on Tuesday announced it had temporarily suspended "new export permits" to Turkey, particularly of military equipment, in response to Ankara's offensive into northern Syria. "Canada firmly condemns Turkey's military incursion into Syria," Global Affairs Canada, the foreign ministry, said in statement. "This unilateral action risks undermining the stability of an already-fragile region, exacerbating the humanitarian situation and rolling back progress achieved by the Global Coalition Agains ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |