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Creative Finance : Options for Security Assistance

By Russell, James A.

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Book Id: WPLBN0000227229
Format Type: PDF eBook
File Size: 0.5 MB
Reproduction Date: 2005
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Title: Creative Finance : Options for Security Assistance  
Author: Russell, James A.
Language: English
Subject: Military, Armed Forces., National defense.
Collections: Military and Armed Forces Library Collection
Publication Date:
Publisher: Department of Defense


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Russell, J. A. (n.d.). Creative Finance : Options for Security Assistance. Retrieved from

Government Reference Publication

Excerpt: The U.S. defense industry faces a disadvantage in the international market because of an inability to offer customers competitive export financing. Government financing, in the form of Foreign Military Sales credits (i.e., loans and grants), is declining and commercial lenders are not filling the void. Defense exports, comprising roughly 10 percent of the Defense Department’s procurement budget over the last three years, have had significant economic benefits. These exports have lowered weapons costs by increasing production runs and spreading indirect costs over a larger business base. If defense exports continue to decline, the defense industrial base will be adversely affected, particular in a time of decreasing Defense Department procurement ...

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