:

Business/Financial

Foreign Military Sales Surpass $30 Billion For Fourth Year

By Cal Biesecker

Thursday, December 8th, 2011

SHARE:

The Defense Security Cooperation Agency (DSCA) said the U.S. foreign military sales (FMS) it oversees reached $34.8 billion in Fiscal Year 2011, surpassing the $30 billion mark for the fourth consecutive year. Sales under the government-to-government FMS program were $28.3 billion, while sales executed by non-FMS cases managed under various security cooperation authorities were $6.5 billion, the agency said in a statement. The sales include cases signed by both the United States and foreign partners through Sept. 30, 2011. The…

Senators Push Navy Against Single Destroyer Request In FY ’27

The chairman of the Senate Armed Services Committee (SASC) and the two senators from Maine last week pushed back on Navy officials for only requesting one Arleigh Burke-class destroyer (DDG-51) […]

Navy Looks To Eventually Assemble Battleship At HII Newport News; Faces More Dem Opposition

The Navy told lawmakers this week it found a dry dock at HII’s [HII] Newport News Shipbuilding shipyard it thinks can use for final assembly of the new Trump-class battleship […]

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]

Army

Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]