U.S. arms sales approvals on track to reach nearly $40 billion - News Summed Up

U.S. arms sales approvals on track to reach nearly $40 billion


"It’s not broken but it’s certainly burdened, with $47 billion (in arms sales approvals) in FY15, and we're approaching $40 billion this year," he said. "We're tracking toward $40 billion. Rixey has launched 40 separate initiatives to streamline the foreign arms sales approval process and respond to criticism about delays in handling a sustained high volume of requests. Photo: U.S. Navy/Mass Communication Specialist 2nd Class Ryan U. Kledzik/Handout via ReutersThe U.S. government is on track to approve nearly $40 billion in foreign military sales in the 2016 fiscal year that ends October 1, down from $46.6 billion last year, a top Pentagon official said on Wednesday. He said the agency was working to improve training for the workforce and help ensure better contracting outcomes.


Source: Thanhnien News July 13, 2016 09:45 UTC



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