Global turmoil and bloody conflicts are not bad news for everyone. The defense industry has been enjoying a nice run in the stock market from armed conflict breaking out across the world from Gaza to Ukraine to Syria. Much of the upside comes from the use of weapons made by US multinational corporations in conflicts that may or may not involve the US directly. Even just a standoff or threat of armed conflict can spur defense spending by governments and enrich weaponry makers.
|By: DSWright Tuesday October 7, 2014 1:40 pm|
|By: DSWright Friday September 6, 2013 8:41 am|
While pinning down an exact number is difficult, especially as the target list is expanding, there are some initial projections on the potential costs of President Obama’s attack on Syria. The Congressional Research Service analysis puts the cost as high as $12 billion for a year’s operation citing estimates by General Dempsey, chair of the Joint Chiefs of Staff.
|By: DSWright Wednesday March 13, 2013 10:40 am|
We don’t want the smoking gun to be a 404 message. Recently the White House and Pentagon have kicked their program to terrorize sow fear into the general population with the threat of “cyberterrorism” into high gear. In fact, now the cyber threat is a bigger threat than actual terrorism. Some even insist that instead of allowing the phantoms to duel it out for budgetary relevance the nightmares can be synthesized to provide a great excuse for the government to attempt to control speech on the internet.
|By: Kevin Gosztola Monday August 13, 2012 2:00 pm|
A man who was out drinking with his friends and decided it would be fun to race his jet ski has been arrested for criminal trespassing after breaching security at JFK Airport in New York. The breach occurred after his jet ski broke down in Jamaica Bay, and he swam three miles toward the lights he saw on a runway that sticks out into the bay. The security system never detected him.
|By: emptywheel Monday May 30, 2011 7:30 am|
Lockheed may have prevented a much bigger breach into their own systems. But the assumption of many is that other companies might not have noticed what Lockheed did.
|By: Lloyd Chapman Saturday July 17, 2010 12:00 pm|
The American Small Business League (ASBL) has released the first analysis of the government’s fiscal year (FY) 2009 small business contracting data, and found 61 percent actually going to corporate giants.