United States | U.S. Arms Transfers Rise 13 Percent in 2018, Highlighting Administration’s Success Strengthening Security Partners While Growing American Jobs

8Nov - by Editor - 0 - In STL.News



United States – Over the last fiscal year, authorized arms exports rose by a total of 13 percent to $192.3 billion, adding thousands of jobs to the U.S. economy and sustaining many thousands more. These increases in both government-to-government and commercial sales of defense equipment by U.S. companies have coincided with efforts by the State Department’s Bureau of Political-Military Affairs and its interagency partners to comprehensively reform and modernize the arms transfer process.

Central to these efforts is the President’s new Conventional Arms Transfer (CAT) Policy, released in April 2018, which aligned U.S.

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