Global sales of weapons and military services have risen for the first time in five years, helped in part by an increase in sales by British companies.
Weapons – many of which are fuelling deadly conflicts in the Middle East – are now being bought and sold at the highest level since 2010, with sales up more than a third (38 per cent) since 2002.
Military kit worth $374.8bn (£280bn) was sold in 2016 by the industry’s top 100 companies, an annual review by the Stockholm International Peace Research Institute (Sipri) found.
The findings came as UK firm BAE Systems signed a $6.7bn deal with Qatar to buy 24 Typhoon fighter jets.
British arms sales rose 2 per cent last year and now amount to almost 10 per cent of global sales, researchers found.
Germany’s arms sales jumped 6.6 per cent while South Korean companies notched up 20 per cent more sales than a year earlier. …
Sales by Lockheed Martin – the world’s largest arms producer – rose by 10.7 per cent in 2016, the report found, linked to the sale of F-35 combat aircraft. Continue reading
Valuable resource from Centre Delàs:
Interactive map « European weapons and refugees »
The purpose of this interactive map is to highlight the link between European arms export and flows of refugees and internally displaced persons, in order to determine whether there is any direct or indirect responsibility of EU Member States for situations of insecurity and violence that drive millions of people to flee their homes every year.
A second objective of this tool is to stress their (ir)responsibility in European arms export authorization or realization as well as their inadequate compliance of the existing legislation, established by the Common Position 2008/944/CFSP of December 8, 2008, which sets up 22 weapons categories including ammunition, light weapons, aircraft and warships, military transport vehicles and all types of military technology for military purposes. On the basis of the criteria set out in the Common Position, the relationship between the European legislation on arms export and situations of insecurity leading to movements of refugees and displaced persons can be established.
The report, released by children’s charity War Child, claims that corporations, including BAE systems and Raytheon, have made an estimated $775m in profit on $8bn worth of revenue by selling arms to Saudi Arabia between March 2015 and the end of 2016.
Yet corporation tax receipts since the war in Yemen began stands at just $40m, something the NGO describes as “pitiful”.
Israel has continued to sell arms to Myanmar, despite international condemnation of the country’s crackdown on its Rohingya Muslim minority. …
The armaments sold to Myanmar include over 100 tanks, weapons and boats that have been used to police the country’s border and perpetrate numerous acts of violence against the Rohingya, such that the UN suspects the army is committing ethnic cleansing. Continue reading
India is Israel’s top destination for arms exports, buying 41 per cent of export between 2012 and 2016, according to the Stockholm International Peace Research Institute, an independent global conflict and arms-research institute.
Israel is India’s third-largest source of arms, with a 7.2 per cent share of imports between 2012 and 2016, next to the US (14 per cent) and Russia (68 per cent). Continue reading
After authorising the firing of 59 Tomahawk missiles (each costing around $1.5 million) at a Syrian airbase with no apparent consequential strategic purpose and diminishing none of the Syrian regime’s chemical weapons capability, the maker of the Tomahawk missiles, Raytheon’s stock rose sharply, adding more than $1 billion to its market capitalisation. Other missile and weapons manufacturers, Boeing, Lockheed Martin, Northrop Grumman and General Dynamics, also saw their stock rose considerably – collectively gaining nearly $5 billion in market value. This on its own may not matter much, after all, which president of the USA has not dropped expensive bombs on some ‘remote’ nations of the world. But this time may be different.
Trump used anti-establishment and anti-corporate language during his election campaign to distinguish himself from all other candidates – he opposed neoconservative foreign policy, financial and corporate interests, notably Goldman Sachs. Now, after his inauguration, you can hardly see much difference between his foreign policy plans and policies proposed by neoconservatives. His cabinet looks like a ‘who’s who’ of Goldman Sachs alumni. He ratcheted up the military tension in the South China Sea, ordered a failed major special force operation in Yemen, and now seems to be pushing the USA to the edge of nuclear war with North Korea. The more he uses militaristic confrontational rhetoric and actions, the more ‘presidential’ he looks in the eyes of the mainstream media. He seems ‘unstoppable’.
But is he, really?
US was responsible for 82% of all $188 billion in global weapons exports (by value, in 2014 dollars).
Top weapons exporters by value:
EU states: $15B
State Dept WMEAT, Table III