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Defense Security Cooperation Agency: Difference between revisions
Defense Security Cooperation Agency (view source)
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==Foreign military sales (FMS)== | ==Foreign military sales (FMS)== | ||
[[Foreign military sales]] (FMS) and [[International Military Education and Training]] (IMET) are two key programs included within Security Cooperation. IMET is conducted solely on a grant basis. FMS can be conducted through direct payments of foreign states or [[United States Foreign Military Financing]] (FMF). Foreign Military Sales division is the core activity of DSCA, and yearly sales are between | [[Foreign military sales]] (FMS) and [[International Military Education and Training]] (IMET) are two key programs included within Security Cooperation. IMET is conducted solely on a grant basis. FMS can be conducted through direct payments of foreign states or [[United States Foreign Military Financing]] (FMF). Foreign Military Sales division is the core activity of DSCA, and yearly sales are between US$30-50 billion.<ref>{{Cite web |title=Historical Sales Book: Fiscal Years 1950 – 2022 |url=https://www.dsca.mil/sites/default/files/2023-01/FY%202022%20Historical%20Sales%20Book.pdf |url-status=live |archive-url=https://web.archive.org/web/20231006000847/https://www.dsca.mil/sites/default/files/2023-01/FY%202022%20Historical%20Sales%20Book.pdf |archive-date=2023-10-06 |access-date=2023-10-06 |website=Defense Security Cooperation Agency |page=7}}</ref> In fiscal year 2020, US corporations sold $50.8 billion through FMS, and $124.3 billion through direct commercial sales.<ref>{{Cite web|last=Mehta|first=Aaron|date=2020-12-04|title=America sold $175 billion in weapons abroad in FY20|url=https://www.defensenews.com/pentagon/2020/12/04/american-sold-175-billion-in-weapons-abroad-in-fy20/|access-date=2021-02-18|website=Defense News|language=en-US}}</ref> | ||
FMS is a U.S. government to foreign government agreement, and DSCA acts as agent for procurement mostly for American [[Defense contractor|defense company]] and [[Aerospace company|aerospace companies]] or for DoD stocks. On any given day, DSCA is managing “14,000 open foreign military sales cases with 185 countries,” the DSCA director Lt. Gen. Charles Hooper explained at the Brookings Institution in June 2019.<ref>{{Cite web|last=Hooper|first=Charles|date=4 June 2019|title=How security cooperation advances US interests|url=https://www.brookings.edu/blog/order-from-chaos/2019/06/11/advancing-u-s-interests-through-security-cooperation/|access-date=18 February 2021|website=Brookings Institution}}</ref> | FMS is a U.S. government to foreign government agreement, and DSCA acts as agent for procurement mostly for American [[Defense contractor|defense company]] and [[Aerospace company|aerospace companies]] or for DoD stocks. On any given day, DSCA is managing “14,000 open foreign military sales cases with 185 countries,” the DSCA director Lt. Gen. Charles Hooper explained at the Brookings Institution in June 2019.<ref>{{Cite web|last=Hooper|first=Charles|date=4 June 2019|title=How security cooperation advances US interests|url=https://www.brookings.edu/blog/order-from-chaos/2019/06/11/advancing-u-s-interests-through-security-cooperation/|access-date=18 February 2021|website=Brookings Institution}}</ref> | ||