US foreign military sales exceeded $30 billion for the fourth consecutive year in Fiscal 2011, announced the Defense Security Cooperation Agency, which oversees the Pentagon’s transfer of military equipment to allies and friends. In total, DSCA recorded $34.8 billion in total equipment sales last fiscal year, which ended on Sept. 30. The bulk of that, or $28.3 billion, occurred under the government-to-government FMS program. The top three FMS customers were: Afghanistan ($5.4 billion), Taiwan ($4.9 billion), and India ($4.5 billion), according to the agency. Rounding out the top 10 were Australia ($3.9 billion), Saudi Arabia ($3.5 billion), Iraq ($2.0 billion), United Arab Emirates ($1.5 billion), Israel ($1.4 billion), Japan ($0.5 billion), and Sweden ($0.5 billion). DSCA forecasts that FMS sales will be around $30 billion in Fiscal 2012.
Lockheed Martin plans to enter the Advanced Tactical Trainer fray to supply the Air Force with a new jet to bridge between undergraduate flight instruction and fighter training units, but declined to say whether it will offer a T-50A derivative, a different non-developmental airplane, or a clean-sheet design. It's comments…