U.S. foreign military sales total $55.6 billion, up 33 percent: U.S. official
REUTERS BUSINESS NEWS WASHINGTON (Reuters) - Sales of U.S. military equipment to foreign governments rose 33 percent to $55.6 billion in the fiscal year ended Sept. 30, a U.S. official told Reuters on Tuesday, as looser restrictions on sales have begun to increase arms deals. The increase in foreign military sales came in part because the Trump administration rolled out a new “Buy American” plan in April that relaxed restrictions on sales while encouraging U.S. officials to t