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Director / Editor: Victor Teboul, Ph.D.
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US Official: US Foreign Military Sales Total $55.6B, Up 33 Percent

Sales of U.S. military equipment to foreign governments rose 33 percent to $55.6 billion in the fiscal year ended Sept. 30, a U.S. administration official told Reuters on Tuesday. The increase in foreign military sales came in part because the Trump administration rolled out a new "Buy American" plan in April that loosened restrictions on sales while encouraging U.S. officials to take a bigger role in increasing business overseas for the U.S. weapons industry. There are two...


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