An F/A-18E Super Hornet assigned to the Stingers of Strike Fighter Attack Squadron (VFA) 113 takes off from the flight deck of the aircraft carrier USS Theodore Roosevelt. Source: US Navy
CNBC: U.S. sells more than $175 billion in weapons to foreign governments, nearly 3% higher than last year
* The U.S. sold $175 billion in weapons to foreign governments in the fiscal year that ended Sept. 30, Pentagon and State Department officials announced Friday.
* Sales of U.S. military equipment to foreign governments in the prior fiscal year totaled $170 billion.
WASHINGTON — The U.S. sold $175 billion in weapons to foreign governments in the fiscal year that ended Sept. 30, Pentagon and State Department officials announced Friday.
The Department of State’s Bureau of Political and Military Affairs said in a statement Friday that this year’s 2.8% increase in sales coincides with the Trump administration’s efforts to “comprehensively reform and modernized the arms transfer process.”
Sales of U.S. military equipment to foreign governments in the prior fiscal year totaled $170 billion.
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