Hercules Aerospace

Europe's oldest embargo - arms sales to superpower China

Frank Slijper

After the bloody suppression of protests in Beijing's Tiananmen Square in 1989, the European Union (and the US) ordered an arms embargo that applies until today. From a human rights perspective this is fully justified: the situation remains appalling and attempts at democratic reforms are nipped in the bud. At the same time the embargo is also clearly politically motivated, to keep China as small as possible in military terms. While the economic relationship with China has grown, military co-operation rightly remains a thorny issue. Despite cracks in the embargo it won't be off the table any time soon. Yet it is a question how long the blockade will be maintained with China strengthening its power base.

Push for military-industrial complex in India?

Indian acquisitions of military hardware are the hot topic in the global armaments bazaar. India is expected to spend around $30 billion on arms imports over the next few years. India is perhaps the world’s largest importer of armaments with annual expenditure of around $6 billion on this count, a sizeable proportion of India’s defence budget of $28 billion for 2009-10.

War Profiteer of the Month: Alliant Techsystems

ATK — Alliant Techsystems is a $3.1 billion advanced weapon and space systems company with approximately 14,000 employees and operations in 23 states. The company is the world's leading supplier of solid propulsion systems and the nation's largest manufacturer of ammunition.

Alliant Techsystems, Inc. supplies aerospace and defense products to the U.S. government, U.S.

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