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1/9/16

Weapons Industry: U.S. is the Mecca of Weapons and Killing Machine Exports.

There was a time when America’s greatest exports were high-quality consumer goods, such as automobiles and textiles. Today, most American manufacturing has been outsourced to Chinese and Latin American sweatshops. However, there’s still one thing that the U.S. does extremely well: design, manufacture and export the finest killing machines and equipment of any nation on the planet. Furthermore, our nation’s defense industry sells more of them than anyone else in the world.

This windfall for fine corporations such as Lockheed-Martin, Northrop Grumman, Boeing and others is due largely to recent contracts with their three biggest customers: South Korea, Qatar and our reliable Middle Eastern “ally”, Saudi Arabia. Despite the fact that global weapons sales have leveled off and more companies are jumping into the industry in order to get their piece of the pie, U.S. weapons sales rose from $26.7 billion to $36.2 billion in 2014 – representing an increase of 35%.

While the U.S. is leading the parade of death and destruction, it’s not marching alone. In second place is Russia, having sold $10.2 billion worth of weaponry (a slight drop from the previous year), followed by Sweden, France and China.

The Congressional study in which these figures were presented finds that a weakened global economy has led to much slower sales. In fact, despite a slight increase in global weapons purchases (approximately .03%), the study found that “the international arms market is not likely growing at all.”

This state of affairs has in turn increased competition among weapons manufacturers.

And the U.S. is coming out on top. While the country is crumbling from within, those with connection to the weapons industry are swimming in pools of champagne, nibbling on truffles and fine caviar while riding aboard their private jets and luxury yachts, financed by blood-soaked dollars. It’s not likely to change, either.

Weapons manufacturers are offering great deals, such as flexible financing (making certain their customers remain debt slaves for decades), co-production agreements, and counter-trade agreements (essentially, a form of in-kind payment or barter).

Read more: U.S. is the Mecca of Weapons and Killing Machine Exports. Doesn't That Make You So Proud? - The Ring of Fire Network

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