Norway Sells All Shares in US Maker of Cluster Bombs

Saturday, January 31, 2009
Textron CBU-97 Cluster Bomb

Norway’s state-owned investment fund, which is worth about $300 billion and invests the nation’s surplus oil and gas revenues, announced that it is selling all of its shares in the American company, Textron, for ethical reasons. Although Textron is best known as the owner of airplane maker Cessna, its Defense Systems division also makes cluster bombs that have been used in Iraq by the U.S. Air Force. Textron has sold their Sensor Fuzed Weapons to other countries as well, including Turkey, Oman and India. Textron insists that these weapons are a safe alternative to traditional cluster bombs.

Sensor Fuzed Weapon (Textron Defense Systems)


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