U.S. defence exports hit record high in fiscal year 2023
The U.S. State Department announced that sales of U.S. military equipment to foreign governments soared to a record USD 238 billion in 2023.
FMS
DSCA expanding financing options to FMS customers
The Defense Security Cooperation Agency (DSCA) has codified the “Bank Letter of Credit” (BLOC), a new policy expanding the use of third-party funds for U.S. allies and partner nations.
US approves the sale of MK 41 launching systems to the Netherlands
The United States Department of State has approved a possible Foreign Military Sale to the Government of the Netherlands of MK 41 Vertical Launching Systems.