§ 232.502-1-70 - Customary foreign military sale progress payments.  


Latest version.
  • (a) Foreign military sale (FMS) progress payments apply to DoD acquisitions on behalf of foreign governments or international organizations (Section 22 of the Arms Export Control Act).

    (b) FMS progress payments do not apply to acquisitions—

    (1) For replenishing U.S. Government inventories or stocks; and

    (2) Made under DoD cooperative logistic support arrangements.