Lockheed Martin

ITEC weapons exhibition Brussels: Vredesactie reveals controversies

From May 12th to 14th, Brussels Expo hosted the ITEC exhibition (International Training and Education Conference) the annual top event for companies in the military training and simulation business. On the first day of the event, Vredesactie activists went in undercover and revealed controversial links. On May 13th, a delegation of politicians visited ITEC to make clear that an event like this is not welcome.

Booming business

New Nuclear weapons & NATO

While diplomats and lobbyists are preparing for the renewal of the Nuclear Non Proliferation Treaty and peace activists are preparing for a closure of European nuclear bases on april the 3th, the arms industry is making money of developing new nukes. These are the biggest profiteers making new NATO nukes:

For the US

  • Honeywell is one of the biggest global arms companies, although only 10% of its profits comes from arms. Honeywell produces equipment for simulated nuclear explosions. Such simulated explosion are essential to develop new nuclear weapons.

War Profiteers + Obama Administration = ???

SuperObamaSuperObamaThe verdict will be slow in coming. There are several things to be optimistic, shall we say, “hopeful,” about when it comes to confronting the corruption, fraud, waste, and deceit of war profiteers – and, not surprisingly, there are many reasons to doubt that we’ll see any real change after all. I am genuinely torn as to what to expect. If Obama follows through on his positive programs, life will be much more difficult for military contractors.

FIDAE: Chilean aerospace and defence fair

From the 31 of March to the 4 of April in Santiago, Chile , there was an arms fair: FIDAE, is a fair that focuses on the aerospace defence

area. FIDAE also welcomes civilian exhibitors but essentially the fair has a military focus. This fair is one of the biggest and most important of its kind in Latin America and is a mayor event for the arms traders to make business in the region. This year's fair hosted

the 11th edition of the meeting of Logistic Commanders of the Air Forces of South America.

War Profiteer of the Month: Rio Tinto Alcan

On the 15th of November 2007, Rio Tinto Canada Holding, an indirect owned subsidiary of Rio Tinto – one of the biggest mining corporation in the world – acquired all of the common shares of Alcan world leading producer of aluminium.

War Profiteer of the Month: EADS

EADS is a perfect example for our war profiteers of the month. As one of the biggest arms manufactures.

Editorial

With this issue we celebrate the first year of the War Profiteers' News - an effort by War Resisters' International to provide resources for and about campaigns against war profiteering. We hope you find it a valuable resource.


One of the main sections of the newsletter is the “War Profiteer of the Month”. In this past year we have profiled:



  • a company providing services to the military - Sodexho;

Bite the Bullet: War-profiteering Education & Action Network

We invite you to help launch Bite the Bullet: War-Profiteering Education & Action – an emerging network in the USA of organizations committed to dismantling the war economy and replacing it with one that prioritizes people over profit.

Why Bite the Bullet?

War Profiteer of the Month: AXA

AXA Financial Protection is a French financial group, that offers to their customers - individuals as well as small, mid-size and large businesses – a wide range of product and services that include insurance, protection, savings, retirement and financial planning.

They provide a variety of services:

AXA Assistance:

An international network of assistance and services for Corporate and individual clients.

AXA Assistance is present in more than 30 countries, on

Editorial

We are happy to present our 2nd edition of War Profiteers' News.

In this edition, we highlight the cancellation of Halliburton's exclusive Iraq deal. At the same time we present what is happening in Cabinda where WRI affiliate Union Pacifiste from France is supporting a local campaign for the respect of human rights in Cabinda and against the pollution of the mouth of the Congo River. In this issue, we also inform about Caterpillar's shareholders meeting in Chicago, where the issue of the use of their equipment for demolishing Palestinians homes was again raised.

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