2024 - August 23a | Defense Security Cooperation Agency

Date	Changes
August 23, 2024	DSCA Policy Memo 24-15, Foreign Military Finance Direct Loans and Loan Guarantees has been posted. The Foreign Military Financing (FMF) Direct Loan and Loan Guarantee program requires extensive coordination among the Department of Defense (DoD), the Department of State (State), and other U.S. government agencies to be an effective financing tool for Foreign Military Sales (FMS) cases. This memorandum clarifies each agency's responsibilities and details procedures for executing FMF Direct Loans and Loan Guarantees for FMS purchases. This memo updates: Chapter 9 (Sections C9.7.2.4. Fiscal Provisions Relating to Foreign Military Sales Credits, C9.7.2.9.2.2. Implementation and Management of Foreign Military Financing Loans and Grants, Table C9.T11. Terms of Sale) and Figure C5.F5. Letter of Offer and Acceptance Information.

Date

Changes

August 23, 2024

DSCA Policy Memo 24-15, Foreign Military Finance Direct Loans and Loan Guarantees has been posted.
The Foreign Military Financing (FMF) Direct Loan and Loan Guarantee program requires extensive coordination among the Department of Defense (DoD), the Department of State (State), and other U.S. government agencies to be an effective financing tool for Foreign Military Sales (FMS) cases. This memorandum clarifies each agency's responsibilities and details procedures for executing FMF Direct Loans and Loan Guarantees for FMS purchases.
This memo updates: Chapter 9 (Sections C9.7.2.4. Fiscal Provisions Relating to Foreign Military Sales Credits, C9.7.2.9.2.2. Implementation and Management of Foreign Military Financing Loans and Grants, Table C9.T11. Terms of Sale) and Figure C5.F5. Letter of Offer and Acceptance Information.