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Army

The Defense Department’s Annual Report Of Military Sales Sits At $33 Billion in 2016

Tuesday, November 8th, 2016

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The Defense Department has spent nearly $3 billion in the fiscal year that expired in October.The Defense Security Cooperation Agency (DSCA) announced on Tuesday sales of $33 billion in military goods for Fiscal Year 2016. The total sales include $2.9 billion of Foreign Military Financing-funded cases; $5. billion in Building Partner Capacity-funded cases; and $25.7 billion funded by partner nations.DSCA has been working with stakeholders throughout the U.S. Government, defense industry, and foreign partner communities to implement a series of…

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