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| US: Obama's Budget Calls for Billions in New Spending for Drones
by Jason Leopold, Truthout
February 2nd, 2010
Shares of major US defense contractors including Boeing, General Dynamics, and Northrop Grumman rose upon the unveiling of President Barack Obama's fiscal year 2011 spending plan for the Pentagon, part of the president's overall $3.8 trillion budget proposal. More than $2 billion will be used to purchase unmanned aerial vehicles, or drones, blamed for a significant rise in civilian casualties in the "war on terror." |
| US: F.B.I. Charges Arms Sellers With Foreign Bribes
by Diana B. Henriques, New York Times
January 20th, 2010
On Tuesday, 22 top-level arms industry executives, including a senior sales executive at Smith & Wesson, were arrested in what Justice Department officials called the first undercover sting ever aimed at violations of the federal ban on corporate bribes paid to get foreign business. The individuals are being prosecuted under the Foreign Corrupt Practices Act. |
| US: Despite Slump, U.S. Role as Top Arms Supplier Grows
by Thom Shanker, New York Times
September 6th, 2009
Despite a recession that knocked down global arms sales last year, the United States expanded its role as the world’s leading weapons supplier, increasing its share to more than two-thirds of all foreign armaments deals, according to a new Congressional study. |
| US: Contracting Boom Could Fizzle Out
by Dana Hedgpeth, Washington Post
April 7th, 2009
The surge in the U.S. military contracting workforce would ebb under Defense Secretary Gates's budget proposal as the Pentagon moves to replace private workers with full-time civil servants. The move could affect companies such as CACI and SAIC. "We are right-sizing the defense acquisition workforce so we can improve our contract oversight and get a better deal for the taxpayers," said the Pentagon's director of defense procurement and acquisition policy. |
| US: Gates Proposes Major Changes to Military Programs, Weapons Buys
by August Cole, Wall Street Journal
April 6th, 2009
Defense Secretary Robert Gates unveiled a sweeping overhaul of the Pentagon's top weapons priorities. The shake-up, a combination of defense contract cutbacks and policy changes, will stoke a smoldering debate in Congress, with cuts proposed for Lockheed Martin Corp.'s F-22 Raptor and replacement of the president's fleet of Marine One helicopters. |
| US: Pentagon Weighs Cuts and Revisions of Weapons
by Christopher Drew, New York Times
April 3rd, 2009
U.S. defense executives and consultants are worried about the sweeping changes in military programs that Defense Secretary Robert M. Gates is expected to announce on Monday. Weapons systems like missile defense are likely to endure deep cuts. |
| MEXICO: U.S. Is Arms Bazaar for Mexican Cartels
by James C. McKinley, Jr., New York Times
February 25th, 2009
Phoenix-based gun dealer George Iknadosian of X-Calibur Guns will go on trial on charges he sold hundreds of weapons, mostly AK-47 rifles, to smugglers, knowing they would go to a drug cartel in the western state of Sinaloa. The guns helped fuel the gang warfare in which more than 6,000 Mexicans died last year. |
| US: The Looming Crisis at the Pentagon
by Chalmers Johnson, TomDispatch.com
February 2nd, 2009
Like much of the rest of the world, Americans know that the U.S. automotive industry is in the grips of what may be a fatal decline. A similar crisis exists when it comes to the military-industrial complex. That crisis has its roots in the corrupt and deceitful practices that have long characterized the high command of the Armed Forces, civilian executives of the armaments industries, and Congressional opportunists and pay-to-play criminals. |
| US: Deputy SecDef could earn $500K lobbying Pentagon
by Lara Jakes, Washington Post
January 27th, 2009
William J. Lynn, the man nominated to be the Pentagon's second-in-command could make a half-million dollars next month with vested stock he earned as a lobbyist for military contractor Raytheon. This is despite an Obama administration order against "revolving door" lobbyists who become public officials. |
| ISRAEL: U.S. approves $330 million in arms deals for Israel
by Andrea Shalal-Esa, Reuters
September 9th, 2008
The U.S. government on Tuesday said it had approved up to $330 million in three separate arms deals for Israel, and sources tracking a much bigger deal for 25 Lockheed Martin Corp F-35 fighter jets said that agreement could be approved later this month. |
| UK-Zimbabwe: BAE linked to Zimbabwean arms dealer
by Christopher Thompson and Michael Peel , Financial Times/UK
July 31st, 2008
According to documents seen by the Financial Times, BAE Systems has been linked to Zimbabwean arms trader John Bredenkamp. BAE reportedly paid at least £20m to Bredenkamp via offshore entities in the British Virgin Islands between 2003 and 2005. The payments raise fresh questions about bribery in BAE's dealings. |
| US: Arms Dealer Had Troubled History
by ERIC SCHMITT, The New York Times
June 25th, 2008
When the Army last year awarded a contract worth up to nearly $300 million to a tiny Miami Beach munitions dealer to supply ammunition to Afghanistan’s army and police forces, it was in spite of a very checkered past. |
| US: Cover-Up Is Cited on Illegal Arms
by ERIC SCHMITT, The New York Times
June 24th, 2008
A military attaché has told Congressional investigators that the American ambassador to Albania endorsed a plan by that country’s defense minister to remove evidence of illegal Chinese origins on ammunition being shipped from Albania to Afghanistan by a Miami Beach arms-dealing company. |
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