Foreign Military Financing (FMF) provides grants for the acquisition of U.S. defense equipment, services, and training. It is intended to promote U.S. national security by contributing to regional and global stability, strengthening military support for democratically-elected governments and containing transnational threats, including terrorism and trafficking in narcotics, weapons, and persons. These grants enable allies and friends to improve their defense capabilities and foster closer military relationships between the U.S. and recipient nations.
The administration is requesting more than $5.47 billion in FMF for Fiscal Year 2011 - approximately 85% of which will provide continued assistance for the Near East region. These funds help to promote regional stability and ensure the influence of moderate governments friendly to U.S. interests. With FMF, we seek to boost the legitimate defense needs of countries such as Israel, Egypt and Jordan, who, through their efforts, have demonstrated their desire to seek a comprehensive Middle East peace. FMF for other friends and allies in the region, such as Bahrain, Morocco, Oman, Tunisia and Yemen will help to strengthen their self-defense capabilities, safeguard their borders and territorial waters, meet their legitimate indigenous security needs and support coalition efforts in the war on terrorism.
Foreign Military Financing Account Summary by Fiscal Year (in millions)
Sources: U.S. State Department: Foreign Military Financing Account Summaries (Current as of June 23, 2010)