US arms sales to foreign governments increased 13% to $192.3 billion in the 12 months to Sept. 30 as a result of easing sales restrictions and high-level efforts to conclude deals, the State Department said.
It is one of the largest US arms companies, which sells ships, tanks, aircraft, missiles and other goods to foreign armies, Boeing, Lockheed Martin, Raytheon, General Dynamics and Northrop Grumman.
The increase in exports comes in part because of a new "Buy American" plan drafted by the Trump Administration in April, easing restrictions on sales and urging US officials to play a bigger role in increasing overseas business in the US arms sector.
According to the State Department, commercial sales of US military equipment to foreign governments increased 6.6% from 128.1 billion dollars to 136.6 billion dollars during the fiscal year.
In October, the government said sales of US arms to foreign armies increased 33% to $55.6 billion in fiscal year. Overall, US arms exports increased 13% YOY.
