|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.
|AFGHANISTAN: Supplier Under Scrutiny on Aging Arms for Afghans
by C. J. CHIVERS, The New York Times
March 27th, 2008
With the award last January of a federal contract worth as much as nearly $300 million, the company, AEY Inc., which operates out of an unmarked office in Miami Beach, became the main supplier of munitions to Afghanistan’s army and police forces. Since then, the company has provided ammunition that is more than 40 years old and in decomposing packaging, according to an examination of the munitions by The New York Times and interviews with American and Afghan officials.
|INDIA: Building a Modern Arsenal in India|
by Heather Timmons and Somini Sengupta, The New York Times
August 31st, 2007
India is developing a military appetite to match its growing economic power. With a ballooning arms budget, India will soon become one of the largest military markets in the world, making it an important new target for American arms manufacturers.
|US: As Iraq Costs Soar, Contractors Earn Record Profits |
by Eli Clifton, Inter Press Service News Agency
August 2nd, 2007
In a report to lawmakers earlier this week, the non-partisan Congressional Budget Office found that the war in Iraq could cost U.S. taxpayers over a trillion dollars when the long-term costs of caring for soldiers wounded in action, military and economic aid for the Iraqi government, and ongoing costs associated with the 190,000 troops stationed in Iraq are totaled up.
|WORLD: US probes Saudi-linked UK arms firm|
by David Robertson and Tom Baldwin, The Times (London)
June 28th, 2007
The British and US governments are on a diplomatic collision course after the US Department of Justice launched a formal investigation into allegations of corruption at defence company BAE Systems. The US investigation will scrutinise BAE's dealings with Saudi Arabia to expose an account allegedly held by the Bank of England that is used to facilitate Saudi payments for arms.
|UK: Rowntree dumps its Reed shares|
by Katherine Griffiths, Telegraph
February 13th, 2007
Two investors in Reed Elsevier have sold their shares as a protest that the publishing giant runs arms fairs which have included the sale of torture equipment.
|US: Lockheed Stock and Two Smoking Barrels|
by Richard Cummings, Playboy.com
January 16th, 2007
If you think the Iraq war hasn't worked out very well for anyone, think again. Defense contractors such as Lockheed are thriving. And no wonder: Here's the story how Lockheed's interests- as opposed to those of the American citizenry- set the course of U.S. policy after 9/11.