The Defense Security Cooperation Agency is reducing the foreign military sales administrative surcharge that other countries pay when buying U.S. weapons. The Arms Export Control Act requires that FMS activities be conducted at no cost to the U.S. government and mandates an administrative surcharge for FMS deals to recover all U.S. government costs incurred to execute, manage and oversee these efforts. The surcharge rate was set at 3.8 percent in 2006, but it will drop to 3.5 percent for all...
