The U.S. State Department recently issued a press release boasting of its successes in the area of U.S. military exports. According to the release, the State Department's Bureau of Political-Military Affairs takes advantage of every opportunity with allies and
partners to expand our nation's exports of defense-related products and services:
"Senior Department officials, including U.S. Ambassadors, actively advocate on behalf of U.S. bidders on foreign government and foreign military procurements. We do so when we meet with officials on our travels abroad, on the margins of international conferences, and in regular diplomatic encounters and correspondence with foreign government officials."
Defense-related sales fall generally into two categories. One type of sale involves government-to-government transfers through Foreign Military Sales (FMS). These types of sales have exceeded $30 billion annually for the past four years, with a 9% increase in 2011.
The other type of defense-related sales is known as Direct Commercial Sales (DCS), which involve countries purchasing systems directly from U.S. companies. DCS to foreign governments exceeded $44 billion in 2011.
The State Department is optimistic that this sector of the U.S. export economy will continue to grow with more emerging markets looking to modernize and expand their domestic defense capabilities. India, Brazil, Saudi Arabia, Indonesia, Malaysia, and Singapore are among the nations mentioned in the State Department release as having growth potential over the coming years.
Defense exports are unique in the sense that they are vital not only to our economic prosperity, but also to our national security. The State Department, however, has a larger commercial diplomacy agenda that includes many other industries. Promoting and protecting private U.S. business interests in foreign markets helps create and sustain jobs at home.
John Howley, Esq.
New York, New York
"Senior Department officials, including U.S. Ambassadors, actively advocate on behalf of U.S. bidders on foreign government and foreign military procurements. We do so when we meet with officials on our travels abroad, on the margins of international conferences, and in regular diplomatic encounters and correspondence with foreign government officials."
Defense-related sales fall generally into two categories. One type of sale involves government-to-government transfers through Foreign Military Sales (FMS). These types of sales have exceeded $30 billion annually for the past four years, with a 9% increase in 2011.
The other type of defense-related sales is known as Direct Commercial Sales (DCS), which involve countries purchasing systems directly from U.S. companies. DCS to foreign governments exceeded $44 billion in 2011.
The State Department is optimistic that this sector of the U.S. export economy will continue to grow with more emerging markets looking to modernize and expand their domestic defense capabilities. India, Brazil, Saudi Arabia, Indonesia, Malaysia, and Singapore are among the nations mentioned in the State Department release as having growth potential over the coming years.
Defense exports are unique in the sense that they are vital not only to our economic prosperity, but also to our national security. The State Department, however, has a larger commercial diplomacy agenda that includes many other industries. Promoting and protecting private U.S. business interests in foreign markets helps create and sustain jobs at home.
John Howley, Esq.
New York, New York
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