Biden Wanted $33B More For Ukraine. Congress Quickly Raised it to $40B. Who Benefits?
May 11th, 2022Via: Glenn Greenwald:
While it is extremely difficult to isolate any benefit to ordinary American citizens from all of this, it requires no effort to see that there is a tiny group of Americans who do benefit greatly from this massive expenditure of funds. That is the industry of weapons manufacturers. So fortunate are they that the White House has met with them on several occasions to urge them to expand their capacity to produce sophisticated weapons so that the U.S. government can buy them in massive quantities:
Top U.S. defense officials will meet with the chief executives of the eight largest U.S. defense contractors to discuss industry’s capacity to meet Ukraine’s weapons needs if the war with Russia continues for years.
Deputy Defense Secretary Kathleen Hicks told reporters Tuesday she plans to participate in a classified roundtable with defense CEOs on Wednesday to discuss “what can we do to help them, what do they need to generate supply”….
“We will discuss industry proposals to accelerate production of existing systems and develop new, modernized capabilities critical to the Department’s ongoing security assistance to Ukraine and long-term readiness of U.S. and ally/partner forces,” the official added.
On May 3, Biden visited a Lockheed Martin facility (see lead photo) and “praised the… plant that manufactures Javelin anti-tank missiles, saying their work was critical to the Ukrainian war effort and to the defense of democracy itself.”
Indeed, by transferring so much military equipment to Ukraine, the U.S. has depleted its own stockpiles, necessitating their replenishment with mass government purchases. One need not be a conspiracy theorist to marvel at the great fortune of this industry, having lost their primary weapons market just eight months ago when the U.S. war in Afghanistan finally ended, only to now be gifted with an even greater and more lucrative opportunity to sell their weapons by virtue of the protracted and always-escalating U.S. role in Ukraine. Raytheon, the primary manufacturer of Javelins along with Lockheed, has been particularly fortunate that its large stockpile, no longer needed for Afghanistan, is now being ordered in larger-than-ever quantities by its former Board member, now running the Pentagon, for shipment to Ukraine.
