U.S. arms exports up 11% in fiscal 2022, official says By Reuters

© Reuters. FILE PHOTO: U.S. M1A2 “Abrams” tank strikes to firing positions throughout U.S. led joint navy train “Noble Accomplice 2016” close to Vaziani, Georgia, Might 18, 2016. REUTERS/David Mdzinarishvili

By Mike Stone

WASHINGTON (Reuters) – Gross sales of U.S. navy gear to international governments rose 10.8% to $153.1 billion within the newest fiscal yr, a U.S. State Division official stated on Wednesday.

The overall worth of authorized gross sales in fiscal 2022 – which ended Sept. 30 – was $153.1 billion, Jessica Lewis, the assistant secretary of state for political-military affairs instructed a room stuffed with international navy attaches and ambassadors at Meridian Home, a nonprofit diplomacy middle in Washington.

Gross sales authorized within the yr included $13.9 billion value of F-15ID fighter jets to Indonesia, $6.9 billion value of Multi-Mission Floor Combatant ships to Greece, and $6 billion value of M1A2 Abrams tanks to Poland.

Gross sales of U.S. navy gear within the prior fiscal yr totaled $138 billion.

There are two main methods international governments buy arms from U.S. corporations: direct industrial gross sales negotiated between a authorities and an organization, and international navy gross sales through which a international authorities sometimes contacts a Protection Division official on the U.S. embassy in its capital. Each require U.S. authorities approval.

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