Friday, August 18, 2017

Tag: Military-Industrial Complex

UK secretly selling arms to Saudi Arabia and elsewhere under opaque licencing system

Campaigners say licensing system designed for ‘less sensitive’ trade deals is being abused, The UK is secretly selling arms to Saudi Arabia and other countries under an opaque type of export licence, it has been reported. The military and defence industry is a major player in the UK economy, worth about...

Making Russia The Enemy

The rising hysteria about Russia is best understood as fulfilling two needs for Official Washington: the Military Industrial Complex's transitioning from the “war on terror” to a more lucrative “new cold war” – and blunting the threat that a President Trump poses to the neoconservative/liberal-interventionist foreign-policy establishment. By hyping the...

Defense Industry Stocks Surge Following Donald Trump Victory

Donald Trump’s upset victory Tuesday has brought joy to the defense industry. Here’s a snapshot from Google Finance. General Dynamics: Raytheon: Lockheed Martin: Boeing: Trump campaigned on maintaining a strong military, but also voiced some skepticism about overseas military engagements and overpayments to defense contractors. The defense stocks surging is a sign that investors believe...

British firms paid $60 billion by Obama’s Pentagon

British companies have earned more than $60 billion from US military contracts since President Obama came to power eight years ago, a Bureau analysis of Pentagon spending has found. As the Bureau exclusively revealed on Sunday, controversial UK public relations firm Bell Pottinger received over half a billion dollars to run a top...

You Must Be Kidding!

Adventures in an American World of Frustration. Recently, sorting through a pile of old children’s books, I came across a volume, That Makes Me Mad!, which brought back memories. Written by Steve Kroll, a long-dead friend, it focused on the eternally frustrating everyday adventures of Nina, a little girl whose...

Hillary Clinton’s National Security Advisers Are a Who’s Who of the Warfare State

Hillary Clinton is meeting on Friday with a new national security “working group” that is filled with an elite “who’s who” of the military-industrial complex and the security deep state. The list of key advisers — which includes the general who executed the troop surge in Iraq and a former...

Poland seeks US approval to buy Patriot missiles in $5bn deal

Polish government in final stages of negotiation with arms manufacturer Raytheon to buy eight of its missile defence systems. Poland has announced it will seek formal US approval to buy eight Patriot missile defence systems from weapons maker Raytheon, marking a key move toward closing the estimated $5bn deal. The deal...

U.S. Arms Transfers to Saudi Arabia and the War in Yemen

The debate over the recent U.S. offer to sell M1A2 Abrams battle tanks to Saudi Arabia has raised the question of Saudi dependency on U.S. equipment for its defense needs in general and for the prosecution of its war in Yemen in particular. Saudi Arabia has requested up to...

America’s New Nuclear-Armed Missile Could Cost $85 Billion

The U.S. Air Force’s program to develop and field a new intercontinental ballistic missile to replace the aging Minuteman III in the nuclear arsenal is now projected to cost at least $85 billion, about 36 percent more than a preliminary estimate by the service. Even the $85 billion calculated by...

U.S. set to approve sales of Boeing fighters to Qatar, Kuwait

The United States is poised to sell $7 billion worth of Boeing Co fighter jets to Qatar and Kuwait after years of delays, and it may start notifying U.S. lawmakers as early as next week, four U.S.- and Gulf-based sources familiar with the matter told Reuters. The sales had stalled...

U.S. Defense Contractors Tell Investors Russian Threat Is Great for Business

The escalating anti-Russian rhetoric in the U.S. presidential campaign comes in the midst of a major push by military contractors to position Moscow as a potent enemy that must be countered with a drastic increase in military spending by NATO countries. Weapon makers have told investors that they are relying on tensions...

NYT Reveals Think Tank It’s Cited for Years to Be Corrupt Arms Booster

A recent New York Times article (8/7/16) detailed, in often scathing terms, what many media critics already knew: that think tanks are frequently not objective, neutral arbiters of information, but corporate- and government-funded agenda-promoters with an academic veneer to give the appearance of impartiality. One of the two think tanks...

How Think Tanks Amplify Corporate America’s Influence

Think tanks are seen as independent, but their scholars often push donors’ agendas, amplifying a culture of corporate influence in Washington. WASHINGTON — As Lennar Corporation, one of the nation’s largest home builders, pushed ahead with an $8 billion plan to revitalize a barren swath of San Francisco, it found...

Chilcot Inquiry: What happened to the key players in the Iraq War?

It is well known what happened afterwards to Tony Blair and George W Bush - but what about the rest of them? Here's how they fit in then - and where they are now. Sir John Chilcot has now published his long-awaited report into the Iraq War. At the time...

Leaker, Speaker, Soldier, Spy

The Charmed Life of David Petraeus. I ran into David Petraeus the other night. Or rather, I ran after him. It’s been more than a year since I first tried to connect with the retired four-star general and ex-CIA director -- and no luck yet. On a recent evening, as the...

The Pentagon’s Real $trategy – Keeping the Money Flowing

These days, lamenting the apparently aimless character of Washington’s military operations in the Greater Middle East has become conventional wisdom among administration critics of every sort. Senator John McCain thunders that “this president has no strategy to successfully reverse the tide of slaughter and mayhem” in that region. Anthony...

JP Morgan and Bank of America in cluster bomb investors Hall of Shame

More than 150 financial institutions including JPMorgan Chase and Bank of America invested $28bn in companies that produce cluster bombs despite an international ban, according to a new report by the Netherlands-based peace organization PAX. The report includes a “Hall of Shame”, a list of 158 banks, pension funds and...

Lockheed Martin Biggest US Government Contractor in 2015

WASHINGTON — The Pentagon’s top 100 contractors raked in $175.1 billion in obligated contracts in 2015, down slightly from 2014’s total of $177.6 billion, according to government figures released this week. Lockheed Martin was the largest single contractor for the US government in 2015, easily lapping the rest of the...

Tunisia’s Getting More Guns Than Democracy

As Washington earmarks nearly $100 million for military aid to Tunis, arms manufacturers sense a new gold rush. But it may come at the cost of the country's fragile democracy. In the early morning hours of March 7, dozens of Islamic State fighters appeared in the center of Ben Guerdane,...

UK licences £2.8bn of arms sales to Saudis since kingdom entered Yemen war

Government releases £7m of military export licences in last three months of 2015 despite calls to suspend arms sales. The British government released licences for the export of £7m of arms to Saudi Arabia in the last three months of 2015, taking the total value of such licences since the...

Defense contractor employees give the most money to Hillary Clinton

Clinton beats all of the Republicans, plus Bernie Sanders, in getting the defense industry’s financial help for her presidential campaign. Democratic presidential front-runner Hillary Clinton has collected more than any other candidate in the 2016 race from employees tied to the 50 largest contractors with the U.S. Department of Defense...

A Mafia Don with a Pompadour

Every four years Americans get to vote for a President. The last President who might have made a positive difference to the country and the world was John F. Kennedy. Just before his assassination, JFK was moving to disengage from Vietnam. He was in a back-channel dialogue with Soviet...

Profits of death: disaster capitalists fan flames of war in Syria

American, European and Russian corporations are the only ones winning from humanitarian disasters of their own making. As a tentative ceasefire continues to hold in Syria, with the next round of peace talks having resumed this week, you’d be forgiven for thinking that there might be an end in sight...

Israel to launch one of the most advanced missile defense systems in the world,...

TEL AVIV — A joint exercise now being conducted between thousands of Israeli troops and the U.S. European Command represents a final test before Israel begins to deploy one of the most sophisticated missile defense systems in the world. When it is complete, Israel's multibillion-dollar rocket and missile air defense...

Israel, Saudi Arabia, Defense And Oil Spent Nearly One Trillion Urging DC For More...

The defense industry spent $56,272,948 to influence Washington last year, but they weren’t the only ones urging Congress and Obama for more war. WASHINGTON — The defense industry spent millions lobbying the federal government last year, but they weren’t the only ones urging the country toward more war. Countries like...

Who Profits From the Refugee Crisis?

Wars and persecution have driven the number of refugees to record-breaking highs worldwide, the Office of the UN High Commissioner for Refugees reported in June 2015. Currently 59.5 million people - nearly 1 percent of the world's population - are refugees, asylum seekers or internally displaced. Half of them are children. This...
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Bush Military Official: The Empire’s Ship is Sinking

Abby Martin interviews retired U.S. Army Colonel Lawrence Wilkerson, former national security advisor to the Reagan administration, who spent years as an assistant to Secretary of State Colin Powell during both Bush administrations. Today, he is honest about the unfixable corruption inside the establishment and the corporate interests driving...

Iraq: Islamic State atrocities fuelled by decades of reckless arms trading

Decades of poorly regulated arms flows into Iraq as well as lax controls on the ground have provided the armed group calling itself Islamic State (IS) with a large and lethal arsenal that is being used to commit war crimes and crimes against humanity on a massive scale in...

Why Russia needs China to buy its weapons

Despite intellectual property concerns, Russia recently agreed to sell 24 Sukhoi Su-35 fighter jets to China - a deal worth $2 billion. But what is driving Moscow to seek deeper trade ties with Beijing? The deal, announced last week by Russian defense conglomerate Rostec, makes China the first foreign contractor...

Stock Prices of Weapons Manufacturers Soaring Since Paris Attack

The Paris attacks took place on Friday night. Since then, France’s president has vowed “war” on ISIS and today significantly escalated the country’s bombing campaign in Syria (France has been bombing ISIS in Iraq since last January, and began bombing the group in Syria in September). Already this morning, as Aaron Cantú noticed, the stocks...

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