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Foreign Military Sales (FMS) is a security assistance program of the United States government to facilitate the purchase of U.S. arms, defense equipment, design and construction services, and military training to foreign governments. [1]
The Foreign Military Sales Act of 1968, Pub. L. 90–629, 82 Stat. 1320-2, enacted October 22, 1968, was supplemental legislation to the Arms Control and Disarmament Act of 1961 and the Foreign Assistance Act of 1961. The Act discloses the United States commitment and sustainment to a world free from the dangers of armaments and the scourge of war.
a Foreign Military Sales Order II (FMSO II) to provide funds for blanket order requisitions, under the Cooperative Logistics Supply Agreement (CLSSA) for spare parts in support of F-16A/B, F-5E/F, C-130H, and Indigenous Defense Fighter aircraft. $52 [39] 2015-12-16: 208 Javelin Guided Missiles, etc. $57 [40] 2015-12-16
In 2020, the DSCA reported sales of $50.8 billion under the Foreign Military Sales (FMS) program (an increase of 51% from five years earlier) and $124.3 billion in sales under the Direct Commercial Contracts (DCC) program. [12]
Through the Foreign Military Sales (FMS) agreement and past budget issues, the cost projection may be likely to rise. [397] South Korea's formal selection of the F-35 purchase was finalized on 24 September 2014. South Korea is the third FMS country to procure the F-35A after Israel and Japan. [398]
Foreign Military Sales Act of 1968; Foreign Military Sales Act of 1971; I. Lockheed Martin F-35 Lightning II Israeli procurement; L. List of US arms sales to Taiwan;
Each sale to overseas customers comprises the same "total package" of quality material, spare parts, training, publications, technical documentation, maintenance support, and other services that United States Army Materiel Command (AMC) provides to United States Army units. USASAC manages about 4,600 FMS cases valued at more than $134 billion.
The Foreign Military Sales Act of 1971, Pub. L. 91–672, 84 Stat. 2053, enacted January 12, 1971, was created as an amendment to the Foreign Military Sales Act of 1968. The Act of 1971 established declarations to promote international peace and national security for economic, political, and social progress.