Search

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…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]


Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation

NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]


HII Executive Outlines Its Shipbuilding Acceleration Strategy

An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]


House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]