Tuesday, December 19, 2017

This Has Been A Banner Year For U.S. Air Force Foreign Military Sales

Lockheed Martin and Japanese Air Self-Defense Force personnel work together to taxi in the arrival of the first foreign military sales F-35A at Luke Air Force Base, Ariz. U.S. Air Force

National Defense: Air Force Foreign Military Sales Skyrocket to $27 Billion

The Air Force brought home $27 billion in foreign military sales in fiscal year 2017 — nearly 213% more than the previous year — amid several changes meant to reduce cycle times, according to the service’s security assistance and cooperation director.

Brig. Gen. Gregory Gutterman, who leads the directorate that handles FMS sales to 109 foreign allies as part of the Air Force Lifecycle Management Center at Wright-Patterson Air Force Base, said the service usually sells between around $9 billion to $10 billion on average per year.

“Twenty-seven billion, that’s a great number,” he told National Defense Dec. 15. “If you look at the Fortune 500, McDonald’s sold $24 billion worth of hamburgers last year, and we brought in $27 billion worth of military revenue. “That’s a pretty significant contribution to our gross domestic product here in our nation,” he added.

Read more ....

WNU Editor: Munitions and sales of the F-35 is what is driving these numbers.

No comments: