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Image source, UNITED STATES EMBASSY HANOI
US Ambassador Kritenbrink exchanged with Da Nang students
The U.S. government approved $ 175 billion worth of arms sales to foreign countries in fiscal year 2020 (October 1, 2019 to September 30, 2020), according to the Pentagon’s December 4 announcement. . .
These revenues increased $ 5 billion compared to 2019.
The 175 billion figure includes $ 51 billion in revenue from US government military sales to foreign countries and more than $ 124 billion in direct business revenue from American companies.
The announcement on December 4 said that contracts for US companies increased from 114.7 billion in 2019 to 124.3 billion in 2020.
As for the contract directly concluded by the US government, it will decrease, from 55.39 billion in 2019 to 50.78 billion in 2020.
To purchase US weapons, foreign governments use two methods: government-to-government trade or government contact with local US embassies.
Both types require the consent of the White House.
The announcement on December 4 said that contracts for US companies increased from 114.7 billion in 2019 to 124.3 billion in 2020.
As for the contract concluded directly by the US government, it will decrease, from 55.39 billion in 2019 to 50.78 billion in 2020.
Image source, US EMBASSY HANOI
The aircraft carrier USS Theodore Roosevelt ended its visit to Vietnam on March 9
The Defense Security Cooperation Agency, which is part of the Pentagon and where the figures are published, also details the value of military contracts concluded by the United States government.
As a result, it became known how much money the United States sold weapons to Vietnam.
Specifically, the value of US military contracts sold to Vietnam in fiscal year 2020 is $ 38.4 million.
In 2019, the figure was over $ 14 million and in 2018 it was over $ 11.6 million.
In 2017 it was $ 13.9 million and in 2016 it was $ 20 million.
These financial figures are modest, but they show that the defense relationship between the United States and Vietnam has been narrowing over time.
Currently, the U.S. Embassy in Hanoi has a Military Attaché Office that helps coordinate the implementation of U.S. military policies, and also represents the Secretary of Defense and the U.S. Army Commander in Thai Binh. . Yang and other US military agencies.
The Office of the Military Attaché also coordinates all security activities between US and Vietnamese forces in bilateral and multilateral forums, as well as in all areas of military activity.
