The sale of United States military equipment to foreign governments in 2024 surged 29 percent to a record $318.7bn, the US State Department said, a figure that includes the sale of jet fighters worth $18.8bn to Israel despite the country facing allegations of genocide in Gaza.
US weapons sales figures from the Biden administration’s final year were released on Friday, coming amid rising global instability and regional tensions.
Direct military sales by US companies rose to $200.8bn in fiscal 2024 up from $157.5bn in 2023, while sales arranged through the US government rose to $117.9 bn in 2024 over $80.9bn the prior year.
The State Department said in a statement that arms sales and transfers are viewed as “important US foreign policy tools with potential long-term implications for regional and global security”.