Department of Defense Financial Management Regulation (DoD FMR) Volume 15, titled “Security Cooperation Policy,” establishes the comprehensive financial management, accounting, and pricing framework for Security Cooperation and Security Assistance programs, primarily focusing on Foreign Military Sales (FMS) and Building Partner Capacity (BPC) activities. The volume dictates the rigorous procedures for managing the FMS Trust Fund and the Special Defense Acquisition Fund (SDAF), detailing the processes for recognizing budget and obligational authority, as well as strict cash management practices to ensure sufficient purchaser funds are collected in advance to liquidate obligations. Furthermore, it mandates precise pricing methodologies for defense  ...