Which U.S. Companies Profited from Arming Hosni Mubarak?

Tuesday, February 01, 2011
Whatever becomes of Egypt’s president, Hosni Mubarak, the last 30 years of his reign have been good for American defense contractors. With more than $1 billion a year in military assistance from Washington, Mubarak’s government has purchased a lot of firepower made in the U.S.A.
Over the past 10 years alone, the Department of Defense has brokered more than $11 billion in U.S. arms sales to Egypt from companies like Lockheed Martin ($3.8 billion) General Dynamics ($2.5 billion), Boeing ($1.7 billion), Raytheon ($750 million) and General Electric ($750 million).
The Egyptian military arsenal includes F-16 fighter planes (Lockheed Martin), M1A1 tanks (General Dynamics), Harpoon, TOW, Hellfire, and Stinger missiles (Boeing, Raytheon and Lockheed Martin), howitzers (United Defense) and aircraft engines (General Electric).
-Noel Brinkerhoff
Who Profited From Arming Egypt? (by William Hartung, Huffington Post)


Duane 13 years ago
watchingfrogsboil 13 years ago
DoD Daily Doles to Lockheed Martin: First in Funding, First in Fraud U.S. total debt $55.6 trillion and rising ... U.S. federal debt $14.1 trillion and rising ... U.S. federal deficit $1.5 trillion and rising ... U.S. dollar rapidly losing world reserve currency status ... as U.S. politicians bought and paid for by multinational corporations (legalized by Citizens United vs. FEC) cut education, close schools, convert asphalt roads to gravel and accelerate America's descent into oblivion just so they can dole out millions daily to Lockheed Martin and other repeat-offender federal contractors for Rube Goldberg weapons systems and myriad military and non-defense boondoggles as unnecessary, unaffordable and unjustifiable as our unending wars for oil and profit: http://watchingfrogsboil.com/dod-daily-doles-to-lockheed-martin-first-in-f

Leave a comment