Global Arms Sales Surpass $374 Billion In 2016
For the last 5 years, global arms sales have been seeing a decline. However, just last year in 2016 those sales are said to be rising for the first time in half a decade. It's estimated that there were more than $374 billion in sales in 2016 alone.
The Stockholm International Peace Research Institute is the organization behind the estimates.
Who reigns supreme in this arms race?
It might not come as a surprise to many that Lockheed Martin takes the cake.
The Stockholm International Peace Research Institute suggests that there are other players as well to note in this industry and they are arms producers that come from Turkey, South Korea, India, and Brazil.
After Lockheed, the biggest producers in this area are Boeing, BAE systems, and Northrop Grumman.
Trillions of dollars have been spent on anti-terror efforts, the US engaging in multiple wars of aggression around the world. And previous AP reports have suggested that some of these anti-terror efforts might be more about lining the pockets of contractors rather than trying to find any coherent solution.
Might that be why it's been several decades and they still don't yet seem close to achieving their goal? The war on terror is an extremely profitable endeavor for military contractors. They're making billions of dollars off of the ongoing conflict, bloodshed, and loss of innocent lives. It's a very small handful that are reaping the profits of these never-ending wars that the rest of us are forced to pay for.
Pics:
Pixabay
CNN
Pixabay
Sources:
https://www.cnbc.com/2017/12/11/global-arms-sales-rise-for-first-time-since-2010.html
http://www.cnn.com/2017/08/17/politics/us-troops-somalia-airstrike/index.html
https://www.alternet.org/story/149492/prophets_of_war%3A_how_defense_contractor_lockheed_martin_dominates_the_military_establishment
http://foreignpolicy.com/2017/01/05/10-conflicts-to-watch-in-2017/
https://www.globalresearch.ca/blood-money-these-companies-and-people-make-billions-of-dollars-from-war/5438657
https://www.thenation.com/article/making-money-terrorism/
Related Posts:
New Report Suggests Anti-Terror Efforts More Concerned With Enriching Contractors Than Thwarting Terrorism
My, How The War On Terror Has Failed
https://steemit.com/writing/@doitvoluntarily/my-how-the-war-on-terror-has-failed
16 Years of War With No End In Sight
https://steemit.com/politics/@doitvoluntarily/16-years-of-war-with-no-end-in-sight
Eisenhower warned about the military-industrial complex, but unfortunately nobody took his warnings very seriously.
This is truly sad ☹️ @doitvoluntarily
What can you say... global elite pulling strings from the shadows, a classic :)
Lockheed, in addition to other contractors, will continue to grow steadily, and the surge in spending is due to the need for extensive refurbishment of our nuclear stockpile. The significant cost is due to the enormous amount of infrastructure to update our aging stockpile. Intercontinental ballistic missile are highly sophisticated and retrofitting silos and building rockets costs billions. You may notice that many defense contracts are awarded to multiple companies due to the magnitude of effort and talent needed to accomplish this goal. The reason why we are doing this today is because our nuclear stockpile has been neglected since inception of the nuclear program.
Follow me @senseicat
I completely agree with that. With the exception of SpaceX, rocket companies have shut down or reduced to almost nothing. Building safe facilities to support construction of rockets is a monumental task. Not to mention all of the other aging infrastructure that will be needed.
warmongers will continually need to update the tools of their trade 👌😉
It's so bad that countries spend so money on Weapons, while there so much poverty around the globe.
With the Global Arms sale increasing.The Military Contractors are making the most of this situation.
it's anything but civilized.
This is pathetic. We can always make killing people more efficient, yet we ignore the world's problems. There is absolutely NO reason why anyone on this planet should be starving! Also, many don't have health care, clean water, a decent education, or things most of us take for granted.
I hope there is a Hell, because that's where all the tanks, bombs, and evil S.O.B.'s that insist on using them for evil deeds will be!
We can use cryptocurrency and the blockchain(s) to get our world back!
Thanks for your post, and MERRY CHRISTMAS to all.
pathetic is the word i'd go with too ✌ thanks for stopping by! :)
You're welcome.
And they say bitcoin is in a bubble.
Bitcoin couldn't even be used to pay this tab, even if EVERYONE sent their bitcoin.
a little healthy perspective lol !
War is peace.
and freedom is slavery ✌
Ignorance is strength!
Troops are out there, risking their lives to protect us!
never a shortage of blowing stuff up now that there are more people then ever so sad
More the terrorism more the global unrest more the sales of weapons