War Industry: US sold military equipment worth $38 billion in 2017

War Industry: US sold military equipment worth $38 billion in 2017
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WASHINGTON: The United States sold military hardware and equipment worth over USD 38 billion this year, the Pentagon said today.

While a country-wise breakup was not available, according to a State Department official, the sale of military equipment was the maximum in Central Asia and Near East region, which amounted to USD 22 billion.


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).

"This positive sales trend isn't surprising as the United States is the global provider of choice for Security Cooperation," said LTG Charles W. Hooper, who became the DSCA Director in August.

"We deliver not only the most effective defence systems to our partners, but we also ensure a "Total Package" approach that includes the provision of training, maintenance, and sustainment, to support full spectrum capability for our partners," he said.

FMS is a security assistance programme authorised by the Arms Export Control Act under the direction of the Secretary of State.

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.

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