Foreign Military Sales Set to Double Since 2008, Pentagon Says

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Overseas sales of U.S.-made military equipment are likely to reach $60 billion this year, double the exports in 2008, according to a Pentagon official.

Richard Genaille, deputy director of the Defense Security Cooperation Agency, said today that foreign military sales reached $50 billion as of May 4, putting them on course to hit $60 billion by the end of the year.