As the Trump administration pushes the sale of American weapons as a key part of its plan to grow the economy, America has already eclipsed its overall defense trade total from last year.
In an interview with Defense News, Lt. Gen. Charles Hooper, head of the Defense Security Cooperation Agency, said that through the first two quarters of this fiscal year, the U.S. has signed $46.9 billion in weapons sales to foreign partners and allies — smashing past the $41.9 billion figure from all of fiscal 2017.
Hooper pointed to the messaging from the administration about arms sales, including the recently implemented Conventional Arms Transfer policy, as helping drive that situation.
“Defense exports are good for our national security, they’re good for our foreign policy. And they’re good for our economic security. And as the administration and our leadership has said, economic security is national security,” Hooper said during the Farnborough International Airshow on July 18. Read More