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The US DoD has said that 2023 was its best ever year for Foreign Military Sales. Credit: US DoD

The US Department of Defense said that 2023 set a record for US sales of military equipment, with $80.9bn in business through the Foreign Military Sales (FMS) system. Nato allies have made a substantial proportion of FMS in both 2023 and 2023, with $20bn in fiscal year 2022 and $24bn in fiscal year 2023. Of the $80.9bn in value of authorised arms transfers from 2023, $62.3bn of the sales were to US ally and partner nations.

US-based RTX has clinched a contract worth $287m to extend the operational life of 166 Tomahawk Block IV All-Up-Round Missiles. Under this modification, RTX will recertify 142 missiles designated for the US Navy and 24 for Foreign Military Sales customers. This modification extends a previously awarded firm-fixed-price, cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract, enabling them to remain operational for up to an additional 15 years of service.

The Dutch Government announced it will purchase ammunition for Ukraine to go with its forthcoming fleet of F-16 Fighting Falcon jets. Specifically, the Netherlands will purchase air-to-ground ammunition directly from the manufacturer, which amounts to €150m ($161.7m). This commitment comes just after Russia demonstrated localised air supremacy earlier this year, concluding its five-month-long offensive to capture Avdiivka in the Donetsk region.

US defence prime Lockheed Martin will continue to produce Joint Air-to-Ground Missiles (JAGMs) and Hellfire missiles for the US Army and Navy and other global customers in a new $483m follow-on production contract. This is the third follow-on award, part of a multi-year deal, that commenced in March 2023 when the Army had initially procured the missiles. The total contract award value is for up to $4.5bn through 2025.