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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMilitary Companies Likely To Benefit From Airstrikes In Iraq, Syria
Looks like another big old bloody pile of money making. Could this be what this is all about?
http://www.nationalmemo.com/military-companies-likely-benefit-airstrikes-iraq-syria/
By W.J. Hennigan, Tribune Washington Bureau
WASHINGTON Three days after U.S. warships fired 47 cruise missiles at Sunni militant targets in northern Syria last week, the Pentagon signed a $251-million deal to buy more Tomahawks from Raytheon Co., a windfall for the military giant and its many subcontractors.
<snip>
Wall Street is paying attention. Shares of major military contractors Raytheon, Lockheed Martin Corp., Northrop Grumman Corp. and General Dynamics Corp. all have been trading near all-time highs, outpacing the Standard & Poors 500 index of large companies stocks.
<snip>
These coalition partners have already bought quite a bit of weapons from American weapons makers, said Richard Aboulafia, an aerospace analyst with Teal Group Corp., a Virginia research firm. After a campaign like this, theyre likely to buy more.
<snip>
This might not be a turning point, said Betsy Schmid, a former staff director for the Senate appropriations subcommittee on defense and now vice president for national security and acquisition policy at the association. While it may seem that theres enough momentum to get the defense cuts rolled back, there have been no promises made by Congress just yet.
libdem4life
(13,877 posts)The Capitalistic, Kleptocratic American Way.
JEB
(4,748 posts)It has almost become the only thing we do well. That and hoarding money. I wonder how many of these arms makers are among the corporations avoiding taxes.
TRoN33
(769 posts)His forefathers sold weapons, ships, and fighters to both sides in World War II.
There is a proof. Both Brit and German best pursuit fighters were Spitfire and Bf-109. Both have exact same size and dimension of engine masts and struts in forward section of their fighters. Both sides can practically swap their own engines into their own enemy's fighters without welding or cutting. Germans' captured Spitfire powered by Damiler Benz engine were far more superior over British counterpart.
Coincidence? No. War machine makers walked away with big smiles on their faces ever since.
Mister Nightowl
(396 posts)And (false) prophets like Bill Kristol and John Bolton.
JEB
(4,748 posts)Neocon wet dream.
Mister Nightowl
(396 posts)That's what happened to us after 9/11: a fucking in-house coup!
Electric Monk
(13,869 posts)JEB
(4,748 posts)now it passes for an economy. Many people know it is a racket and are complicit. Many more know it is a racket, but are powerless to stop it. I have come to understand that the country I learned about as a kid (back in the 1950's) was a lie. A kind of beautiful mirage.
whereisjustice
(2,941 posts)JEB
(4,748 posts)kath
(10,565 posts)Woot!
FlatStanley
(327 posts)That's what our President said. I trust my president (TM)
JEB
(4,748 posts)Load up on Lockheed Martin stock and let the good times roll.
FlatStanley
(327 posts)But I still have a small scrap of dignity. I hope.
JEB
(4,748 posts)One of the marginalized Left. Even scraps of dignity are begrudged us.
FlatStanley
(327 posts)JEB
(4,748 posts)Trying to figure what is really going on these days is a challenge.
FlatStanley
(327 posts)Actually, that's not entirely fair. The propaganda machines are highly sophisticated. Couple that with a tenuous economy and civic participation is low on the list. Unfortunately it is a self reenforcing death spiral.
valerief
(53,235 posts)kath
(10,565 posts)What we gonna do about it?
AnalystInParadise
(1,832 posts)our office is going from 15 to 35 people. The 20 new contractors are all analysts like me that will likely be going forward to do All Source work with 1ID and 101st. Haven't seen the task order yet.
JEB
(4,748 posts)what is All Source work?