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U.S. arms sales surge as Washington continues to fuel global conflicts

2024-08-12

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The Pentagon said U.S. arms exports have increased significantly since 2022 and could exceed $100 billion by the end of the year.

In fiscal year (FY) 2022, sales of systems through the U.S. government’s Foreign Military Sales (FMS) program jumped to $49.7 billion from $34.8 billion in FY 2021; in FY 2023, that number rose again to about $66.2 billion.

So far, according to the Defense Security Cooperation Agency, FMS sales for fiscal year 2024 have exceeded$80 billion

Nevertheless, the total value of transfers of weapons, services, and security cooperation activities under the Foreign Military Sales system in fiscal year 2023 was $80.9 billion, an increase of 55.9% from $51.9 billion in fiscal year 2022.

In 2024, the U.S. Department of State announced its fiscal year 2023 government-to-government FMS sales plan, which requires congressional notification:

Poland:

  • AH-64E Apache helicopters – $12 billion;

  • High Mobility Artillery Rocket System (HIMARS) - $10 billion;

  • Integrated Air and Missile Defense (IAMD) Battle Command System (IBCS) - $4 billion;

  • M1A1 Abrams Main Battle Tank - $3.75 billion.