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U.S. arms exports up 49% in fiscal 2022 [1]

['Mike Stone']

Date: 2023-01-25

U.S. M1A2 "Abrams" tank moves to firing positions during U.S. led joint military exercise "Noble Partner 2016" near Vaziani, Georgia, May 18, 2016. REUTERS/David Mdzinarishvili/File Photo Acquire Licensing Rights

WASHINGTON, Jan 25 (Reuters) - Sales of U.S. military equipment to foreign governments rose 49% to $205.6 billion in the latest fiscal year, the U.S. State Department said on Wednesday.

Sales approved in the year included $13.9 billion worth of F-15ID fighter jets to Indonesia, $6.9 billion worth of Multi-Mission Surface Combatant ships to Greece, and $6 billion worth of M1A2 Abrams tanks to Poland.

General Dynamics Corp (GD.N) makes the Abrams tank, Boeing (BA.N) makes the F-15 jet and Lockheed Martin Corp (LMT.N) makes the ships.

There are two major ways foreign governments purchase arms from U.S. companies: direct commercial sales negotiated between a government and a company, and foreign military sales in which a foreign government typically contacts a Defense Department official at the U.S. embassy in its capital. Both require U.S. government approval.

The direct military sales by U.S. companies rose 48.6% to $153.7 billion in fiscal 2022 from $103 billion in fiscal 2021, while sales arranged through the U.S. government rose 49.1% to $51.9 billion in 2022 from $34.8 billion the prior year, the State Department said.

Sales of U.S. military equipment in the prior fiscal year totaled $138 billion.

Reporting by Mike Stone in Washington; editing by Jonathan Oatis

私たちの行動規範:トムソン・ロイター「信頼の原則」

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[1] Url: https://www.reuters.com/world/us/us-arms-exports-up-11-fiscal-2022-official-says-2023-01-25/

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