FMS is a security assistance program authorised by the Arms Export Control Act under the direction of the Secretary of State. (AP Photo)The United States sold military hardware and equipment worth over USD 38 billion this year, the Pentagon said on Thursday. This was followed by the Indo-Pacific (USD 7.96 billion), Europe (USD 7.3 billion), Western Hemisphere (USD 641.6 million) and Africa (USD 248.6 million). Riding high on the figures, the Defence Security and Cooperation Agency (DSCA) said the sales demonstrated a strong demand for US products and services, particularly through Foreign Military Sales (FMS). The United States uses FMS to further its foreign policy and national security objectives by sale of defence articles, defence services, and military training to foreign countries and international organisations.
Source: Indian Express November 30, 2017 02:42 UTC