US sold defence equipment worth over $38 billion in 2017, says Pentagon
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.
By: PTI | Washington | Published: November 30, 2017 8:11 am
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. 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).
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