Today's Profits, Tomorrow's Losses: The Commercialization of the US Arms Export Reform and its Implications on National & Regional Security [open pdf - 260KB]
This paper presents observations, analysis and findings of the FMS reinvention initiative(s). As such, it presents the results of an evaluation of the US effort at comprehensive arms export policy reform during the 1990s. That evaluation reveals a reform process dominated by the short term, commercial interests of the defense firms and the peculiar interests in acquisition of US state of the art weaponry of the foreign buyer country. This has come at the expense of the longer term security interests of both the US armed forces and the United States citizenry.