6 Corporations Making Money From U.S. Aid to the Brutal Egyptian Military

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http://www.alternet.org/world/6-corporations-making-money-us-aid-brutal-egyptian-military


Egyptian Army Soldiers during a military exercise with Spain and the U.S.
Photo Credit: USAF/Wikimedia Commons

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1. Lockheed Martin

The Maryland-based military company is a tried-and-true customer of the U.S. military. With gross profits of $2.7 billion in 2011, Lockheed Martin is one of the most cash-rich military companies. The vast majority of those profits come from U.S. government contractors to provide fighter jets, missile defense and more. It 's also benefited handsomely from the Egypt-US relationship.

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2. General Dynamics

This major military company has also benefited from the Egyptian-American military relationship. Specifically, it is the source for key parts needed to build Egypt's M1A1 tanks, a vehicle that the U.S. has delivered to the country since the late 1980s. In total, Egypt's military has acquired more than 1,000 of these tanks—far more than the armed forces actually need—for over $3.9 billion.

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3. L-3 Communications

Known for its prowess in the production of communications, surveillance and reconnaissance equipment for the U.S. government, L-3 Communications brings in billions of dollars in profits each year. Some of the money comes from its contracts with the U.S. military to provide Egypt communications equipment.

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4. General Electric

General Electric has its hands in everything: energy, computers, digital cameras—and U.S. military contracting, specifically in the aviation field.

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1. General Electric has been hanging around with war criminals since at least WWII.