Daily News

U.S. government totals $55.6 billion in arms sales for FY-18

October 9, 2018 at 5:00 PM
The U.S. government secured $55.6 billion in arms sales in fiscal year 2018, a 33 percent increase above the previous year's total, according to the head of the Defense Security Cooperation Agency. Lt. Gen. Charles Hooper, director of DSCA, announced the total Oct. 9 during the Association of the United States Army's annual meeting in Washington. The new number continues an upward swing for arms deals, as the $41.9 billion worth of weapons sold in FY-17 represented a 25 percent...

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