Wednesday, April 24, 2019

Tag: Raytheon

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...

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...

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...

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 U.S. Wants To Design Safer Anti-Aircraft Missiles for Syria’s Rebels

It’s not going very well. With the Syrian cease-fire in tatters, the country’s battered rebels are clamoring for one thing as bombs again fall on their cities and markets: shoulder-fired anti-aircraft missiles to strike back at the warplanes of Syrian strongman Bashar al-Assad and his Russian allies. In recent days, U.S....

Global military spending nearly $1.7T amid Mideast conflicts

DUBAI, United Arab Emirates (AP) — ., driven by conflicts including the battle against the Islamic State group, the Saudi-led war in Yemen and fears about Iran, a report released Tuesday shows. The study by the Stockholm International Peace Research Institute also noted that the Chinese expansion in the South...

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...

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...

Defense Contractors Laud Themselves for Steering Candidates Toward Militarism

A group formed this year by executives and lobbyists for the defense contracting industry is taking credit for “driving the national debate on foreign policy during the 2016 presidential election,” and in particular for getting Republican presidential candidates to call for escalating military action in Syria. In an email to...

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...

Poland to buy U.S. Patriot missiles, French helicopters

WARSAW (Reuters) - Poland said on Tuesday it would buy Raytheon Co's Patriot missiles from the United States and provisionally selected French Airbus Group helicopters as it speeds up the modernization of its military amid tensions with Russia. The choice of suppliers, in deals potentially worth $8 billion, strikes a...

Conflicts of interest in the Syria debate

During the public debate around the question of whether to attack Syria, Stephen Hadley, former national security adviser to George W. Bush, made a series of high-profile media appearances. Hadley argued strenuously for military intervention in appearances on CNN...

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