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.

DSCA expanding financing options to FMS customers

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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.