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U.S. Reports Arms Sales Increased To $175 Billion In FY ’20

U.S. Reports Arms Sales Increased To $175 Billion In FY ’20
R. Clarke Cooper, Assistant Secretary of State for Political-Military Affairs, and Heidi Grant, the Director of the Defense Security Cooperation Agency, announce the Fiscal Year 2020 arms transfer figure during a at the Pentagon Briefing Room on Dec. 4, 2020. (DoD photo by Marvin Lynchard)

The U.S. government authorized arms sales amounting to over $175 billion in fiscal year 2020, a 2.8 percent increase the previous year at $170 billion, officials said Friday. These sales numbers are the combined total of implemented Foreign Military Sales (FMS) cases and Direct Commercial Sales (DCS). This was made up of $50.78 billion in implemented FMS in FY ’20 and $124.3 billion in approved DCS cases, according to a fact sheet issued by the State Department’s Bureau of Political-Military…

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