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FMS 2011 sales total more than $34 billion

Dec. 13, 2011 at 7:58 AM   |   Comments

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).

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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