facebook
twitter
search
search

FMS 2011 sales total more than $34 billion

Dec. 13, 2011 at 7:58 AM

WASHINGTON, Dec. 13 (UPI) -- The U.S. Defense Security Cooperation Agency reports it managed $34.8 billion in sales of equipment and services to allies in 2011.

Included in the total for the fiscal year, through Sept. 30, was $28.3 billion under the government-to-government Foreign Military Sales program and $6.5 billion in non-FMS sales "under various security cooperation authorities."

The total for fiscal 2011 marks the fourth consecutive year that sales surpassed $30 billion, DSCA said.

The agency estimated sales for fiscal 2012 will be around $30 billion but noted that official sales projections hadn't been calculated.

The top customers for fiscal year 2011 were: Afghan Security Forces ($5.4 billion); the Taipei Economic and Cultural Representative Office in the United States ($4.9 billion); India ($4.5 billion); Australia ($3.9 billion); Saudi Arabia ($3.5 billion); Iraq ($2 billion); the United Arab Emirates ($1.5 billion); Israel ($1.4 billion); Japan ($500 million); and Sweden ($500 million).

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Latest Headlines
Top Stories
North Dakota refinery completed
China starts work on Russian gas pipeline
Eni reaches LNG deal in Indonesia
Samsung gets major Johan Sverdrup contract
SCOTUS says no to Gulf of Mexico spill appeals