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- Foreign Military Sales (FMS)
- The term used to describe sales by the U.S. government of defense equipment and services to foreign governments. Such sales fall under sections 21(sales from U.S. stocks) and 22 (purchases of equipment from U.S. companies for sale to foreign governments) of the AECA. In the case of Section 22 sales, a foreign government signs a Letter of Offer and Acceptance (LOA) with the Department of Defense for a specific good and/or service, and a U.S. defense contractor signs a contract with one of the military services to provide that good and/or service. Note that most FMS sales are financed by the purchasing country, not by the U.S.
- Foreign Military Financing (FMF)
- The program administered by the Defense Security Cooperation Agency for financing the acquisition of U.S. military articles, services, and training through U.S. government grants, loans or loan guarantees. Congress appropriates FMF funds or guarantee authority, and frequently earmarks specific amounts for individual countries. FMF may be used to support both FMS (government to government) and direct commercial sales (although a number of restrictions apply).
- Foreign Procurement Group (FPG)
- An organization of country representatives at foreign embassies in Washington whose responsibilities include their countries' purchases of U.S. defense articles and services. In particular, they work with DSCA on policies related to FMS and direct commercial sales. Currently the chairwoman of the group is Jennifer Steward of the Canadian embassy, who can be reached at jennifer.stewart@pwgsc.gc.ca.
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