US Military Sales to Allies Tops $34B in 2014

Defense News: WASHINGTON — The US government helped facilitate the sale of $34.2 billion worth of defense equipment to allies during fiscal 2014, the Defense Security Cooperation Agency (DSCA) announced on Monday, a slight uptick from the roughly $30 billion in sales in 2013.

Sales were led by a few blockbuster deals that helped some of the largest US defense firms continue to post strong numbers despite the relative slowing of defense spending by the Pentagon.

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