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  • Friday, December 27, 2024

FY 2020 State Dept-Cleared Arms Sales Hit $83.5B

The State Department approved 68 foreign military sales agreements worth $83.5B combined during the government's 2020 fiscal year, Defense News reported Thursday.

The figure reflects an increase of approximately $15B over FMS dollar total recorded in FY 2019 and is the highest annual total of potential arms sales since the beginning of the current administration.

FMS notifications cleared by the department do not represent actual sales but could be used as a way to track foreign allies’ interest in U.S.-made weapons systems and as a sign of final sales.

The Pacific region made 25 FMS requests valued at $44.1B combined, followed by Europe with $21.1B in potential sales spread over 20 cases. The Middle East posted 14 FMS requests worth $11.5B combined, while Africa recorded five potential arms sales worth $5.1B combined.

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