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Category Archives: Arms manufacturers
Global investor urges others to bury thoughts of environmental, social and governance
Anne Simpson, the former head of sustainability at the Calpers pension fund, who now runs responsible investing at Franklin Templeton, made a surprising declaration. “I think it’s time for RIP ESG,” she told a conference in New York (FT). She … Continue reading
Israeli arms exports serve political ends: Loewenstein
Israel’s Iron Dome air defence system intercepts rockets launched from Gaza City Israel’s Ministry of Defense recently published a new record in defence exports: over $12.5 billion in 2022. Their weapons exports are a means to an end, according to … Continue reading
Posted in arms exports, Arms manufacturers
Tagged Iron Dome missiles, the Israeli state, The Palestine Laboratory., Ukraine, US, Zionism
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Rearmament does not create jobs: Gianni Alioti’s evidence
Weapons continue to pass undisturbed even while migrants – themselves victims of arms exported from one country to another – are prevented from landing. Weaponwatch is armed only with knowledge, international solidarity and digital technology in order to build free … Continue reading
Last year defence contractors warned that ESG would cause their shares to be shunned
Babcock’s aircraft carrier at the Rosyth shipyard Last year the Financial Times reported that defence contractors were becoming increasingly concerned that the ‘sweeping trend’ for ethical investment (ESG) would lead to their shares being shunned by institutional investors. David Lockwood … Continue reading
Global arms sales soar for the seventh consecutive year
Rising arms sales benefit the global security elite: Feinstein Despite all the protests against the manufacture and export of lethal weapons to oppressive regimes and the good news about Elbit systems in the last post, global arms sales have risen … Continue reading
Should the arms manufacturing sector fare better than health, education and social care?
As the global economy has contracted by more than 3% as forecasted, the sales of arms and military services increased by 1.3% in real terms, compared with 2019. Ceren Sagir draws attention to the sales of the top 100 … Continue reading
Why has Israeli arms giant Elbit Systems lost two contracts?
An answer to a written parliamentary question submitted by shadow defence secretary John Healey (left) last month, revealed that Elbit sites in Oldham and London have closed down . It has also lost two lucrative contracts with the Ministry of … Continue reading
Professor Garcia: governments should prioritize the common good over military spending
Denise Garcia (Northeastern University, Boston, Mass) is an academic who advises the United Nations on arms control and the military uses of artificial intelligence and robotics. Highlights from her article, Redirect military budgets to tackle climate change and pandemics follow. … Continue reading
The real enemies are upon us: big armies will hinder, not help: Denise Garcia
Ben Chacko describes Britain’s arms manufacturers exports, especially to war zones, as ‘the gift that keeps on giving’. An elderly Ukrainian woman looks on after Russian shelling in Mykolaiv, Ukraine, Wednesday, June 29, 2022 The top 100 arms companies continue … Continue reading
Armourers thrive by damaging people & planet 