The Department of Defense Continues To Improperly Subsidize Foreign Military Sales
FGMSD-78-51
Published: Aug 25, 1978. Publicly Released: Aug 25, 1978.
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Highlights
Foreign military sales (FMS) are transacted under the authority of the International Security Assistance and Arms Export Control Act of 1976. The legislative history of this act indicates that Congress intended that indirect as well as direct costs of goods and services sold to foreign governments should be recovered so that the FMS program would not be subsidized by Department of Defense (DOD) appropriations.
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Foreign governmentsForeign military arms salesForeign military salesForeign military sales costsInventoriesMilitary inventoriesMilitary policiesPrice fixingSubsidiesMilitary forces