Published February 1987
by Bna Books .
Written in English
|The Physical Object|
Our approach to arms sales is driven by statute, regulations, and policy. The key statutes through which we conduct arms transfers are the Foreign Assistance Act of , as amended (FAA), and the Arms Export Control Act, as amended (AECA). The purpose of this guide is to provide you, the Foreign Military Sales (FMS) customer, with a simplified overview of the process the United States (U.S.) uses to transfer defense articles and services from the U.S. to friendly foreign governments or to specific international Size: 1MB. Foreign partners buy billions of dollars of defense items and services annually through the U.S. Foreign Military Sales program. DOD collects a transportation fee from buyers to cover shipping costs and pay shipping ’s financial oversight is supposed to ensure that money goes in and out of the transportation accounts appropriately. The purpose of this guide is to provide you, the Foreign Military Sales (FMS) customer, with a simplified overview of the process the United States (U.S.) uses to transfer defense articles and services from the U.S. to friendly foreign governments or to specific international organizations.
Foreign Military Sales (FMS) is the U.S. Government’s program for transferring defense articles, services, and training to our international partners and international organizations. The FMS program is funded by administrative charges to foreign purchasers and is operated at no cost to taxpayers. Foreign governments buy billions of dollars of defense equipment through the Department of Defense's foreign military sales program. They are required to reimburse DOD for certain research, development, and other one-time costs related to the equipment. If the contractor has made sales of the item required for the foreign military sale to foreign customers under comparable conditions, including quantity and delivery, price the FMS contract in accordance with FAR Part Cost of doing business with a foreign government or . The AECA applies to direct commercial sale as well as foreign military sales and every effort is made to ensure that transfers of technology occur only in the national interest and in concert with U.S. foreign policy. However, there are times when technology is inadvertently released to countries in contradiction to foreign policy.
DoD M (reference rrr) expands the considerations to include foreign military sales, component codevelopment and incorporation of subsystems from allied sources. The acquisition strategy for non-major programs must include a similar analysis for consideration by DoD . credit, cash sales, or lease, in furtherance of national policies and objectives. DoD does not administer all SA programs. Those SA programs administered by DoD are a subset of SC. The SAMM provides guidance on the major programs DoD administers: 1. Foreign Military Sales (FMS), 2. Foreign Military Construction Services, 3. Foreign Military File Size: 1MB. The FMS Customer Financial Management Handbook (Billing) is intended to provide an explanation of the financial aspects of the U.S. Foreign Military Sales (FMS) program, with emphasis on FMS billing and reporting. This publication describes “how” the FMS financial system works and, in many instances, delineates “why” this financialFile Size: 2MB. Chapter 4, Foreign Military Sales Program General Information, describes general legal, regulatory, and policy requirements relating to the foreign military sales program, including eligibility requirements and what may and may not be purchased. Presidential Determination. The USG may sell, grant, or lease defense articles and services to a.