first published on July 20, 2018 by Will
As part of President Trump’s plan to stimulate the economy, US sales of weapons to foreign nations have surged to $46.9 billion, and have far exceeded last fiscal year’s total of $41.9 billion.
In fact, this year’s defense sales are well beyond that of any recent fiscal year’s defense exports. Credit for the booming defense industry cannot be given entirely to Trump, considering some of the contracts were signed during the Obama Administration, and are only now coming to fruition.
“Defense exports are good for our national security, they’re good for our foreign policy, and they’re good for our economic security,” said Lt. Gen. Charles Hooper, head of the Defense Security Cooperation Agency, in a Defense News interview.