The Business of War

Oil War in the Balkans

compiled by George Draffan, Public Information Network, www.endgame.org

Military-Industrial Complex

 

The Military as Industry

 

 

The 10 corporations receiving the largest dollar volume of prime contract awards from the U.S. Department of Defense (War) in year 2000 were:

Lockheed Martin
Boeing
Raytheon
General Dynamics
Northrop Grumman
Litton Industries
United Technologies
TRW
General Electric
Science Applications

 

Headlines after the September 2001 attack on the World Trade Center and Pentagon:

 

Community Bankers Stand Ready to Assist Military Personnel Called Up in Wake of Terrorist Attacks (America's Community Bankers news release, Sept 24, 2001)

 

Boeing Needs Restored Faith in Flying: Boeing Aggressively Working to Revitalize the Airline Industry and Get Itself Back on Track (Associated Press, Sept 23, 2001)

 

Defense continues post-attack surge (CBS MarketWatch, Sept 25, 2001)

 

Companies Wave Flag in Patriotic Ad Blitz. Retailer Kmart Corp. ran full-page ads in The New York Times and The Washington Post on Sept. 16 with an American flag that said in small print: ``Remove from newspaper. Place in window. Embrace freedom.'' Defense contractor Lockheed Martin Corp. took out full-page ads on Friday in The Wall Street Journal and The New York Times, with an American flag and a quote from John F. Kennedy. General Electric Co. had a full-page ad in the same newspapers, and USA Today among others, showing the Statue of Liberty rolling up her sleeves
(Brad Dorfman and Jennifer Laidlaw, Companies Wave Flag in Patriotic Ad Blitz, Reuters, Sept 23, 2001)

 

White House Offers Airlines $5 Billion (Forbes.com, Sept 20, 2001)

 

"Invest, America! America is grieving. Emotions swing back and forth between deep sadness and anger towards those responsible. Those feelings are bound to find their way to the stock market. As we prepare our response in the war on terrorism, we also need to prepare our portfolios... Showing your support economically is an important part of fighting back against those who would try to take away our freedom." (Morningstar.com, Sept 20, 2001)