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Army Predicts Foreign Military Sales Decrease In 2016

Tuesday, November 10th, 2015

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The Army expects to perform roughly $5 billion less than the previous year in Foreign Military Sales (FMS) in 2016, which the service’s acquisition executive attributes to budget instability among international partner nations.Assistant Secretary of the Army for Acquisition, Technology and Logistics (AT&L) Heidi Shyu said Oct. 13 the land service achieved $20 billion in FMS in 2015. Army Materiel Command (AMC) commander Gen. Dennis Via said Oct. 13 the Army performed about $15 billion in FMS sales in 2014.…

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