The Financial Crisis In Arms Sales

Dr. Michael LaitmanIn the News (from SIPRI): “Sales of arms and military services by the largest arms-producing companies—the SIPRI Top 100—totalled $410 billion in 2011 according to new data on international arms production released today by Stockholm International Peace Research Institute (SIPRI).

“Compared to the companies in the Top 100 for 2010, this result represents a 5 per cent decrease in constant dollar terms. Over the period since 2002, arms sales by the Top 100 have nevertheless increased by 51 per cent in real terms.

“Several factors contributed to the decrease in arms sales in 2011. Austerity policies and proposed and actual decreases in military expenditure as well as postponements in weapons programme procurement affected overall arms sales in North America and Western Europe.

“Conflict—in particular the drawdowns in Iraq and Afghanistan and the sanctions on arms transfers to Libya—also played a role in the fall in arms sales. …

“A number of companies have also established foreign subsidiaries in order to access new revenue streams in Latin America, the Middle East and Asia.  …

“The expansion of arms producing companies into the cybersecurity market—a clear trend in the first tier of the SIPRI Top 100—is due the growing political and budgetary importance of cybersecurity as a national security issue. …

“These companies’ cybersecurity activities are focused on data and network protection software and services; testing and simulation services; training and consulting services; and operational support.”

My Comment: The era of transition to cyberspace has begun; wars are played out by drones and computers. And ahead is the war between good and evil thoughts.

Related Material:
The Reverse Side of War
No War!
We Demand Our Own Correction!

Discussion | Share Feedback | Ask a question Comments RSS Feed