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.

Read article

i360Gov Newsletters

The most significant government policy, business, and technology news and analysis delivered to your inbox.

Subscribe Now

Trending