- published: 13 Dec 2022
- views: 59505
Arms industry
The arms industry is a global business that manufactures weapons and military technology and equipment. It consists of commercial industry involved in research and development, engineering, production, and the service of military material, equipment, and facilities. Arms producing companies, also referred to as defense contractors or military industry, produce arms mainly for the armed forces of states. Departments of government also operate in the arms industry, buying and selling weapons, munitions and other military items. Products include guns, ammunition, missiles, military aircraft, military vehicles, ships, electronic systems, and more. The arms industry also provides other logistical and operational support.
It is estimated that yearly, over 1.5 trillion United States dollars are spent on military expenditures worldwide (2.7% of World GDP). This represents a decline from 1990 when military expenditures made up 4% of world GDP. Part of this goes to the procurement of military hardware and services from the military industry. The combined arms sales of the top 100 largest arms producing companies amounted to an estimated $395 billion in 2012 according to Stockholm International Peace Research Institute (SIPRI). In 2004 over $30 billion were spent in the international arms trade (a figure that excludes domestic sales of arms). According to SIPRI, the volume of international transfers of major weapons in 2010–14 was 16 per cent higher than in 2005–2009. The five biggest exporters in 2010–14 were the United States, Russia, China, Germany and France, and the five biggest importers were India, Saudi Arabia, China, the United Arab Emirates (UAE) and Pakistan. The arms trade has also been one of the sectors impacted by the credit crunch, with total deal value in the market halving from US$32.9 billion to US$14.3 billion in 2008.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Arms_industry
Podcasts:
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The Military-Industrial Complex
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.” Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.” In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.” So how did this come about? After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve hi...
published: 13 Dec 2022 -
How aid to Ukraine benefits US arms manufacturers | Money Works
The United States has earmarked billions of dollars to help Ukraine fight Russia — but is the goal to help Ukraine, or US arms manufacturers? Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #Ukraine #UnitedStates #VolodymrZelenskyy #UkraineWar #UkraineMilitaryAid #USUkraineTies #AlJazeeraEnglish
published: 19 Sep 2024 -
How Europe is creating its own military-industrial complex
Go to https://ground.news/Caspian to stay fully informed on what's happening in Gaza, Lebanon and around the world. Subscribe through my link for 40% off unlimited access this month. Europe is working on its biggest #military overhaul since the end of the Cold War. The #EU wants to upend the way it finances and sells arms. In effect, it is a military-industrial complex all but in name. Support CaspianReport ✔ YouTube membership ► https://www.youtube.com/channel/UCwnKziETDbHJtx78nIkfYug/join ✔ Patreon ► https://www.patreon.com/CaspianReport ✔ PayPal ► https://www.paypal.me/caspianreport ✔ Merchandise ►https://teespring.com/stores/caspianreport Crypto endorsement ✔ Bitcoin ► 1MwRNXWWqzbmsHova7FMW11zPftVZVUfbU ✔ Ether ► 0xfE4c310ccb6f52f9D220F25Ce76Dec0493dF9aA0 ✔ Bitcoin Cash ► 1BKLti4Wq...
published: 30 Jul 2024 -
The Global Arms Industry - Who's selling and who's buying?
#armsindustry #arms #military _____________________________________________________________________________ ❗CHANNEL SUPPORT BOX❗ SIGN UP for $10 of ₿ for free LINK ➡️ https://www.coinbase.com/join/sterli_8x?src=android-link SIGN UP to YouGov to earn money for taking surveys LINK ➡️ https://account.yougov.com/gb-en/join?ref...
published: 12 May 2021 -
Can Palmer Luckey Reinvent the U.S. Defense Industry? | WSJ
Military tech startup Anduril Industries is shaking up the U.S. defense industry as it is one of the few privately held technology companies finding success as a Defense Department contractor. But what makes the company’s software so unique that it is being used across multiple branches of the U.S. military and in both the Russia-Ukraine War and Israel-Hamas War? WSJ explains how this startup is operating in order to disrupt the U.S. defense industry. Chapters: 0:00 Anduril’s vision 1:04 Palmer Luckey 1:48 Software 2:58 “Moneyball Military” 4:55 America’s defense industry consolidation 5:53 Anduril acquiring other startups News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size ...
published: 04 Dec 2023 -
US and UK dominate global arms industry, says report
A Swedish report on global arms sales ranks defence firms from the United States and Western Europe as dominating the industry. Data published by The Stockholm International Peace Research Institute (SIPRI) shows sales of military equipment by Russian firms were up in 2014 and accounted for one-tenth of total sales on the list. The top Russian seller was Almaz Antei. The country had two new entries into the Top 100: High Precision Systems and RTI. Lack of data prevented Chinese companies from… READ MORE : http://www.euronews.com/2015/12/14/us-and-uk-dominate-global-arms-industry-says-report What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd euronews: the most watched news channel in Europe Subscribe! http://www.yout...
published: 15 Dec 2015 -
How Singapore became a global military industry hub
How Singapore became a global military industry hub Companies arming the world's navies have been displaying their latest technology in a major maritime defence show in Singapore. The Asia-Pacific region accounts for a third of global defence spending, and demand for new military hardware is likely to grow. Al Jazeera's Scott Heidler reports on how Singapore became a major hub for the global military industry. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
published: 18 May 2017 -
France's arms race: Defence industry on war footing • FRANCE 24 English
When Russia launched its full-scale invasion of Ukraine in February 2022, Ukraine's Western allies committed to sending weapons, ammunition and military hardware to Kyiv. In France, this has meant a major increase in industrial production. French President Emmanuel Macron has said France has entered a "wartime economy", whereby the defence industry is producing more and faster than before. But what does a "wartime economy" actually mean in practice? And how is the "Made in France" arms industry trying to adapt to this increased demand? FRANCE 24's Claire Paccalin and Fadile Bhayat report. #Ukraine #France #military Read more about this story in our article: https://f24.my/A2ax.y 🔔 Subscribe to France 24 now: https://f24.my/YTen 🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/...
published: 09 Jan 2024 -
The Business of War: SOFEX
SOFEX is where the world's leading generals come to buy everything from handguns to laser-guided missile systems. It stands for "Special Operations Forces Exhibition Conference" and it's essentially a trade-show where just about anyone with enough money can buy the most powerful weapons in the world. Hosted by Shane Smith | Originally released in 2012 at http://vice.com More from Shane Smith: http://www.vice.com/author/shane-smith Follow Shane on Twitter: https://twitter.com/shanesmith30 Check out the VICE Guide to Karachi here: http://bit.ly/Karachi-1 Subscribe for videos that are actually good: http://bit.ly/Subscribe-to-VICE Check out our full video catalog: http://www.youtube.com/user/vice/videos Videos, daily editorial and more: http://vice.com Like VICE on Facebook: http://fb.com...
published: 05 Jul 2012 -
How South Korea is Transforming Into a Weapons Export Giant | WSJ
South Korea is the fastest-growing arms exporter in the world, with their defense exports growing by 177% in just a five-year period. Although the U.S., Russia and France have larger defense industries, analysts say the pace at which Seoul is expanding marks a shift for their future. South Korea’s largest defense company, Hanwha, is quickly constructing K-9 Howitzers for Poland and new submarines called KSS-iii that could help bolster NATO’s arsenal in the future. WSJ takes a rare look inside Hanwha’s facilities to see how South Korea is transforming into a defense giant and explores what this means for the Western military alliance. 0:00 South Korea’s defense industry 0:47 K-9 Howitzers and speed of production 2:11 Submarines 3:22 Supply chain News Explainers Some days the high-sp...
published: 18 Sep 2023
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3:57
The Military-Industrial Complex
- Order: Reorder
- Duration: 3:57
- Uploaded Date: 13 Dec 2022
- views: 59505
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hun...
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.”
Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.”
In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.”
So how did this come about?
After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve his cash-and-carry program to sell arms to France and Britain. The following year, he replaced cash and carry with Lend-Lease, which “loaned” weapons to cash-strapped allies. Lend-Lease established the precedent of American subsidization of foreign armies.
Upon joining the war in 1941, the US government urged patriots to enlist in the “battle for production.” Propaganda reminded Americans that “production wins wars,” and heroic images of factory workers likened weapons manufacturing to military service.
FDR’s wartime policies mirrored his earlier New Deal, based on the ideas of economist John Maynard Keynes. During recessions, Keynes believed, governments should stimulate demand by printing money to spend on public works. FDR applied this formula to his New Deal programs, but after nine years, the economy remained in shambles.
The war allowed FDR to shift to what’s known as military Keynesianism. Because inflationary military spending artificially boosts GDP (gross domestic product) and military enlistment reduces unemployment, military Keynesianism produced the wartime prosperity myth. Many people believe the war ended the Great Depression, despite the country’s facing shortages of basic goods, such as sugar and butter.
Eisenhower understood the problem. “The cost of one modern heavy bomber,” he said, could pay for thirty schools, two power plants, two hospitals, fifty miles of highway, or half a million bushels of wheat. But the arms industry had become a fixture of the American economy. In an early draft of his farewell address, Eisenhower described this as the “military-industrial-congressional complex.”
Political scientists call this the iron triangle of connected interests. Congress passes legislation to benefit an interest group—military contractors—in return for political support. The interest group lobbies Congress on behalf of a bureaucracy—the military establishment—in exchange for special treatment. And the bureaucracy received significant increases in its own funding to administer federal policy. This dynamic has resulted in annual military expenditures of $800 billion—that’s more than the next nine largest military budgets combined.
The military-industrial complex made America the de facto arms dealer for the world, and the US military presence grew to having seven hundred military bases across eighty countries. The military-industrial complex also allowed America to fight a new kind of war by funneling weapons to foreign soldiers to fight what are known as proxy wars.
______________________________________
Want to learn more?
For more animated content, check out Economics for Beginners at https://BeginEconomics.org.
Check out the latest Mises Wire articles on foreign policy and war: https://mises.org/topics/war-and-foreign-policy
Anatomy of the State by Murray Rothbard is a great mini-book on the true nature of the state: https://mises.org/anatomy
The Betrayal of the American Right by Murray Rothbard focuses on the history of the modern conservative movement, and the role it played in aggressively escalating America's foreign policy in the 20th century: https://mises.org/betrayal
Wall Street, Banks, and American Foreign Policy by Murray Rothbard is a fiery monograph that employs "power elite" analysis to understand the relationship between money, power, and war: https://mises.org/library/wall-street-banks-and-american-foreign-policy-0
A Century of War: Lincoln, Wilson and Roosevelt by John V. Denson is an extensive look at how the twentieth century became the bloodiest in all history: https://mises.org/library/century-war-lincoln-wilson-and-roosevelt-0
A Foreign Policy of Freedom by Ron Paul offers a positive view for an American foreign policy would look like if it stayed true to its founding principles: https://mises.org/library/foreign-policy-freedom
https://wn.com/The_Military_Industrial_Complex
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.”
Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.”
In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.”
So how did this come about?
After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve his cash-and-carry program to sell arms to France and Britain. The following year, he replaced cash and carry with Lend-Lease, which “loaned” weapons to cash-strapped allies. Lend-Lease established the precedent of American subsidization of foreign armies.
Upon joining the war in 1941, the US government urged patriots to enlist in the “battle for production.” Propaganda reminded Americans that “production wins wars,” and heroic images of factory workers likened weapons manufacturing to military service.
FDR’s wartime policies mirrored his earlier New Deal, based on the ideas of economist John Maynard Keynes. During recessions, Keynes believed, governments should stimulate demand by printing money to spend on public works. FDR applied this formula to his New Deal programs, but after nine years, the economy remained in shambles.
The war allowed FDR to shift to what’s known as military Keynesianism. Because inflationary military spending artificially boosts GDP (gross domestic product) and military enlistment reduces unemployment, military Keynesianism produced the wartime prosperity myth. Many people believe the war ended the Great Depression, despite the country’s facing shortages of basic goods, such as sugar and butter.
Eisenhower understood the problem. “The cost of one modern heavy bomber,” he said, could pay for thirty schools, two power plants, two hospitals, fifty miles of highway, or half a million bushels of wheat. But the arms industry had become a fixture of the American economy. In an early draft of his farewell address, Eisenhower described this as the “military-industrial-congressional complex.”
Political scientists call this the iron triangle of connected interests. Congress passes legislation to benefit an interest group—military contractors—in return for political support. The interest group lobbies Congress on behalf of a bureaucracy—the military establishment—in exchange for special treatment. And the bureaucracy received significant increases in its own funding to administer federal policy. This dynamic has resulted in annual military expenditures of $800 billion—that’s more than the next nine largest military budgets combined.
The military-industrial complex made America the de facto arms dealer for the world, and the US military presence grew to having seven hundred military bases across eighty countries. The military-industrial complex also allowed America to fight a new kind of war by funneling weapons to foreign soldiers to fight what are known as proxy wars.
______________________________________
Want to learn more?
For more animated content, check out Economics for Beginners at https://BeginEconomics.org.
Check out the latest Mises Wire articles on foreign policy and war: https://mises.org/topics/war-and-foreign-policy
Anatomy of the State by Murray Rothbard is a great mini-book on the true nature of the state: https://mises.org/anatomy
The Betrayal of the American Right by Murray Rothbard focuses on the history of the modern conservative movement, and the role it played in aggressively escalating America's foreign policy in the 20th century: https://mises.org/betrayal
Wall Street, Banks, and American Foreign Policy by Murray Rothbard is a fiery monograph that employs "power elite" analysis to understand the relationship between money, power, and war: https://mises.org/library/wall-street-banks-and-american-foreign-policy-0
A Century of War: Lincoln, Wilson and Roosevelt by John V. Denson is an extensive look at how the twentieth century became the bloodiest in all history: https://mises.org/library/century-war-lincoln-wilson-and-roosevelt-0
A Foreign Policy of Freedom by Ron Paul offers a positive view for an American foreign policy would look like if it stayed true to its founding principles: https://mises.org/library/foreign-policy-freedom
4:57
How aid to Ukraine benefits US arms manufacturers | Money Works
- Order: Reorder
- Duration: 4:57
- Uploaded Date: 19 Sep 2024
- views: 17902
The United States has earmarked billions of dollars to help Ukraine fight Russia — but is the goal to help Ukraine, or US arms manufacturers?
Subscribe to our ...
The United States has earmarked billions of dollars to help Ukraine fight Russia — but is the goal to help Ukraine, or US arms manufacturers?
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile
#Ukraine #UnitedStates #VolodymrZelenskyy #UkraineWar #UkraineMilitaryAid #USUkraineTies #AlJazeeraEnglish
https://wn.com/How_Aid_To_Ukraine_Benefits_US_Arms_Manufacturers_|_Money_Works
The United States has earmarked billions of dollars to help Ukraine fight Russia — but is the goal to help Ukraine, or US arms manufacturers?
Subscribe to our channel: http://bit.ly/AJSubscribe
Follow us on Twitter https://twitter.com/AJEnglish
Find us on Facebook https://www.facebook.com/aljazeera
Check our website: https://www.aljazeera.com/
Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/
Download AJE Mobile App: https://aje.io/AJEMobile
#Ukraine #UnitedStates #VolodymrZelenskyy #UkraineWar #UkraineMilitaryAid #USUkraineTies #AlJazeeraEnglish
- published: 19 Sep 2024
- views: 17902
16:28
How Europe is creating its own military-industrial complex
- Order: Reorder
- Duration: 16:28
- Uploaded Date: 30 Jul 2024
- views: 605094
Go to https://ground.news/Caspian to stay fully informed on what's happening in Gaza, Lebanon and around the world. Subscribe through my link for 40% off unlimi...
Go to https://ground.news/Caspian to stay fully informed on what's happening in Gaza, Lebanon and around the world. Subscribe through my link for 40% off unlimited access this month.
Europe is working on its biggest #military overhaul since the end of the Cold War. The #EU wants to upend the way it finances and sells arms. In effect, it is a military-industrial complex all but in name.
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Go to https://ground.news/Caspian to stay fully informed on what's happening in Gaza, Lebanon and around the world. Subscribe through my link for 40% off unlimited access this month.
Europe is working on its biggest #military overhaul since the end of the Cold War. The #EU wants to upend the way it finances and sells arms. In effect, it is a military-industrial complex all but in name.
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- published: 30 Jul 2024
- views: 605094
13:42
The Global Arms Industry - Who's selling and who's buying?
- Order: Reorder
- Duration: 13:42
- Uploaded Date: 12 May 2021
- views: 20270
#armsindustry #arms #military
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- How large is the global arms industry?
- Who's profiting the most of the sale of arms?
- Does your country rank as a key player?
SUBSCRIBE, LIKE & SHARE this video to support the channel :)
*Apologizes for the poor audio quality.
Music:
(1) That One Bar Scene - RKVC
(2) Nothing On Me - Patrick Patrikios
(3) Burlesque Heartache - RKVC
(4) Potato Deal - Craig MacArthur
(5) Poppy Seeds - TrackTribe
(6) Crazy - Patrick Patrikios
(8) Level Up - https://www.youtube.com/watch?v=ZkJugVe1Tz4
- published: 12 May 2021
- views: 20270
7:44
Can Palmer Luckey Reinvent the U.S. Defense Industry? | WSJ
- Order: Reorder
- Duration: 7:44
- Uploaded Date: 04 Dec 2023
- views: 2141526
Military tech startup Anduril Industries is shaking up the U.S. defense industry as it is one of the few privately held technology companies finding success as ...
Military tech startup Anduril Industries is shaking up the U.S. defense industry as it is one of the few privately held technology companies finding success as a Defense Department contractor. But what makes the company’s software so unique that it is being used across multiple branches of the U.S. military and in both the Russia-Ukraine War and Israel-Hamas War?
WSJ explains how this startup is operating in order to disrupt the U.S. defense industry.
Chapters:
0:00 Anduril’s vision
1:04 Palmer Luckey
1:48 Software
2:58 “Moneyball Military”
4:55 America’s defense industry consolidation
5:53 Anduril acquiring other startups
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Military #Tech #WSJ
https://wn.com/Can_Palmer_Luckey_Reinvent_The_U.S._Defense_Industry_|_Wsj
Military tech startup Anduril Industries is shaking up the U.S. defense industry as it is one of the few privately held technology companies finding success as a Defense Department contractor. But what makes the company’s software so unique that it is being used across multiple branches of the U.S. military and in both the Russia-Ukraine War and Israel-Hamas War?
WSJ explains how this startup is operating in order to disrupt the U.S. defense industry.
Chapters:
0:00 Anduril’s vision
1:04 Palmer Luckey
1:48 Software
2:58 “Moneyball Military”
4:55 America’s defense industry consolidation
5:53 Anduril acquiring other startups
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Military #Tech #WSJ
- published: 04 Dec 2023
- views: 2141526
1:01
US and UK dominate global arms industry, says report
- Order: Reorder
- Duration: 1:01
- Uploaded Date: 15 Dec 2015
- views: 2184
A Swedish report on global arms sales ranks defence firms from the United States and Western Europe as dominating the industry.
Data published by The Stockhol...
A Swedish report on global arms sales ranks defence firms from the United States and Western Europe as dominating the industry.
Data published by The Stockholm International Peace Research Institute (SIPRI) shows sales of military equipment by Russian firms were up in 2014 and accounted for one-tenth of total sales on the list. The top Russian seller was Almaz Antei. The country had two new entries into the Top 100: High Precision Systems and RTI.
Lack of data prevented Chinese companies from…
READ MORE : http://www.euronews.com/2015/12/14/us-and-uk-dominate-global-arms-industry-says-report
What are the top stories today? Click to watch: https://www.youtube.com/playlist?list=PLSyY1udCyYqBeDOz400FlseNGNqReKkFd
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https://wn.com/US_And_UK_Dominate_Global_Arms_Industry,_Says_Report
A Swedish report on global arms sales ranks defence firms from the United States and Western Europe as dominating the industry.
Data published by The Stockholm International Peace Research Institute (SIPRI) shows sales of military equipment by Russian firms were up in 2014 and accounted for one-tenth of total sales on the list. The top Russian seller was Almaz Antei. The country had two new entries into the Top 100: High Precision Systems and RTI.
Lack of data prevented Chinese companies from…
READ MORE : http://www.euronews.com/2015/12/14/us-and-uk-dominate-global-arms-industry-says-report
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- published: 15 Dec 2015
- views: 2184
2:00
How Singapore became a global military industry hub
- Order: Reorder
- Duration: 2:00
- Uploaded Date: 18 May 2017
- views: 237076
How Singapore became a global military industry hub
Companies arming the world's navies have been displaying their latest technology in a major maritime defenc...
How Singapore became a global military industry hub
Companies arming the world's navies have been displaying their latest technology in a major maritime defence show in Singapore.
The Asia-Pacific region accounts for a third of global defence spending, and demand for new military hardware is likely to grow.
Al Jazeera's Scott Heidler reports on how Singapore became a major hub for the global military industry.
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https://wn.com/How_Singapore_Became_A_Global_Military_Industry_Hub
How Singapore became a global military industry hub
Companies arming the world's navies have been displaying their latest technology in a major maritime defence show in Singapore.
The Asia-Pacific region accounts for a third of global defence spending, and demand for new military hardware is likely to grow.
Al Jazeera's Scott Heidler reports on how Singapore became a major hub for the global military industry.
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- published: 18 May 2017
- views: 237076
6:00
France's arms race: Defence industry on war footing • FRANCE 24 English
- Order: Reorder
- Duration: 6:00
- Uploaded Date: 09 Jan 2024
- views: 218098
When Russia launched its full-scale invasion of Ukraine in February 2022, Ukraine's Western allies committed to sending weapons, ammunition and military hardwar...
When Russia launched its full-scale invasion of Ukraine in February 2022, Ukraine's Western allies committed to sending weapons, ammunition and military hardware to Kyiv. In France, this has meant a major increase in industrial production. French President Emmanuel Macron has said France has entered a "wartime economy", whereby the defence industry is producing more and faster than before. But what does a "wartime economy" actually mean in practice? And how is the "Made in France" arms industry trying to adapt to this increased demand? FRANCE 24's Claire Paccalin and Fadile Bhayat report.
#Ukraine #France #military
Read more about this story in our article: https://f24.my/A2ax.y
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https://wn.com/France's_Arms_Race_Defence_Industry_On_War_Footing_•_France_24_English
When Russia launched its full-scale invasion of Ukraine in February 2022, Ukraine's Western allies committed to sending weapons, ammunition and military hardware to Kyiv. In France, this has meant a major increase in industrial production. French President Emmanuel Macron has said France has entered a "wartime economy", whereby the defence industry is producing more and faster than before. But what does a "wartime economy" actually mean in practice? And how is the "Made in France" arms industry trying to adapt to this increased demand? FRANCE 24's Claire Paccalin and Fadile Bhayat report.
#Ukraine #France #military
Read more about this story in our article: https://f24.my/A2ax.y
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- published: 09 Jan 2024
- views: 218098
20:10
The Business of War: SOFEX
- Order: Reorder
- Duration: 20:10
- Uploaded Date: 05 Jul 2012
- views: 4235842
SOFEX is where the world's leading generals come to buy everything from handguns to laser-guided missile systems. It stands for "Special Operations Forces Exhib...
SOFEX is where the world's leading generals come to buy everything from handguns to laser-guided missile systems. It stands for "Special Operations Forces Exhibition Conference" and it's essentially a trade-show where just about anyone with enough money can buy the most powerful weapons in the world.
Hosted by Shane Smith | Originally released in 2012 at http://vice.com
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https://wn.com/The_Business_Of_War_Sofex
SOFEX is where the world's leading generals come to buy everything from handguns to laser-guided missile systems. It stands for "Special Operations Forces Exhibition Conference" and it's essentially a trade-show where just about anyone with enough money can buy the most powerful weapons in the world.
Hosted by Shane Smith | Originally released in 2012 at http://vice.com
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Check out the VICE Guide to Karachi here: http://bit.ly/Karachi-1
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- published: 05 Jul 2012
- views: 4235842
5:05
How South Korea is Transforming Into a Weapons Export Giant | WSJ
- Order: Reorder
- Duration: 5:05
- Uploaded Date: 18 Sep 2023
- views: 578855
South Korea is the fastest-growing arms exporter in the world, with their defense exports growing by 177% in just a five-year period. Although the U.S., Russia ...
South Korea is the fastest-growing arms exporter in the world, with their defense exports growing by 177% in just a five-year period. Although the U.S., Russia and France have larger defense industries, analysts say the pace at which Seoul is expanding marks a shift for their future.
South Korea’s largest defense company, Hanwha, is quickly constructing K-9 Howitzers for Poland and new submarines called KSS-iii that could help bolster NATO’s arsenal in the future.
WSJ takes a rare look inside Hanwha’s facilities to see how South Korea is transforming into a defense giant and explores what this means for the Western military alliance.
0:00 South Korea’s defense industry
0:47 K-9 Howitzers and speed of production
2:11 Submarines
3:22 Supply chain
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#SouthKorea #Weapons #WSJ
https://wn.com/How_South_Korea_Is_Transforming_Into_A_Weapons_Export_Giant_|_Wsj
South Korea is the fastest-growing arms exporter in the world, with their defense exports growing by 177% in just a five-year period. Although the U.S., Russia and France have larger defense industries, analysts say the pace at which Seoul is expanding marks a shift for their future.
South Korea’s largest defense company, Hanwha, is quickly constructing K-9 Howitzers for Poland and new submarines called KSS-iii that could help bolster NATO’s arsenal in the future.
WSJ takes a rare look inside Hanwha’s facilities to see how South Korea is transforming into a defense giant and explores what this means for the Western military alliance.
0:00 South Korea’s defense industry
0:47 K-9 Howitzers and speed of production
2:11 Submarines
3:22 Supply chain
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#SouthKorea #Weapons #WSJ
- published: 18 Sep 2023
- views: 578855
3:57
The Military-Industrial Complex
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every wa...
published: 13 Dec 2022
The Military-Industrial Complex
The Military-Industrial Complex
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- published: 13 Dec 2022
- views: 59505
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.”
Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.”
In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.”
So how did this come about?
After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve his cash-and-carry program to sell arms to France and Britain. The following year, he replaced cash and carry with Lend-Lease, which “loaned” weapons to cash-strapped allies. Lend-Lease established the precedent of American subsidization of foreign armies.
Upon joining the war in 1941, the US government urged patriots to enlist in the “battle for production.” Propaganda reminded Americans that “production wins wars,” and heroic images of factory workers likened weapons manufacturing to military service.
FDR’s wartime policies mirrored his earlier New Deal, based on the ideas of economist John Maynard Keynes. During recessions, Keynes believed, governments should stimulate demand by printing money to spend on public works. FDR applied this formula to his New Deal programs, but after nine years, the economy remained in shambles.
The war allowed FDR to shift to what’s known as military Keynesianism. Because inflationary military spending artificially boosts GDP (gross domestic product) and military enlistment reduces unemployment, military Keynesianism produced the wartime prosperity myth. Many people believe the war ended the Great Depression, despite the country’s facing shortages of basic goods, such as sugar and butter.
Eisenhower understood the problem. “The cost of one modern heavy bomber,” he said, could pay for thirty schools, two power plants, two hospitals, fifty miles of highway, or half a million bushels of wheat. But the arms industry had become a fixture of the American economy. In an early draft of his farewell address, Eisenhower described this as the “military-industrial-congressional complex.”
Political scientists call this the iron triangle of connected interests. Congress passes legislation to benefit an interest group—military contractors—in return for political support. The interest group lobbies Congress on behalf of a bureaucracy—the military establishment—in exchange for special treatment. And the bureaucracy received significant increases in its own funding to administer federal policy. This dynamic has resulted in annual military expenditures of $800 billion—that’s more than the next nine largest military budgets combined.
The military-industrial complex made America the de facto arms dealer for the world, and the US military presence grew to having seven hundred military bases across eighty countries. The military-industrial complex also allowed America to fight a new kind of war by funneling weapons to foreign soldiers to fight what are known as proxy wars.
______________________________________
Want to learn more?
For more animated content, check out Economics for Beginners at https://BeginEconomics.org.
Check out the latest Mises Wire articles on foreign policy and war: https://mises.org/topics/war-and-foreign-policy
Anatomy of the State by Murray Rothbard is a great mini-book on the true nature of the state: https://mises.org/anatomy
The Betrayal of the American Right by Murray Rothbard focuses on the history of the modern conservative movement, and the role it played in aggressively escalating America's foreign policy in the 20th century: https://mises.org/betrayal
Wall Street, Banks, and American Foreign Policy by Murray Rothbard is a fiery monograph that employs "power elite" analysis to understand the relationship between money, power, and war: https://mises.org/library/wall-street-banks-and-american-foreign-policy-0
A Century of War: Lincoln, Wilson and Roosevelt by John V. Denson is an extensive look at how the twentieth century became the bloodiest in all history: https://mises.org/library/century-war-lincoln-wilson-and-roosevelt-0
A Foreign Policy of Freedom by Ron Paul offers a positive view for an American foreign policy would look like if it stayed true to its founding principles: https://mises.org/library/foreign-policy-freedom
4:57
How aid to Ukraine benefits US arms manufacturers | Money Works
The United States has earmarked billions of dollars to help Ukraine fight Russia — but is ...
published: 19 Sep 2024
How aid to Ukraine benefits US arms manufacturers | Money Works
How aid to Ukraine benefits US arms manufacturers | Money Works
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- published: 19 Sep 2024
- views: 17902
The United States has earmarked billions of dollars to help Ukraine fight Russia — but is the goal to help Ukraine, or US arms manufacturers?
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#Ukraine #UnitedStates #VolodymrZelenskyy #UkraineWar #UkraineMilitaryAid #USUkraineTies #AlJazeeraEnglish
16:28
How Europe is creating its own military-industrial complex
Go to https://ground.news/Caspian to stay fully informed on what's happening in Gaza, Leba...
published: 30 Jul 2024
How Europe is creating its own military-industrial complex
How Europe is creating its own military-industrial complex
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- published: 30 Jul 2024
- views: 605094
Go to https://ground.news/Caspian to stay fully informed on what's happening in Gaza, Lebanon and around the world. Subscribe through my link for 40% off unlimited access this month.
Europe is working on its biggest #military overhaul since the end of the Cold War. The #EU wants to upend the way it finances and sells arms. In effect, it is a military-industrial complex all but in name.
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13:42
The Global Arms Industry - Who's selling and who's buying?
#armsindustry #arms #military
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published: 12 May 2021
The Global Arms Industry - Who's selling and who's buying?
The Global Arms Industry - Who's selling and who's buying?
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- published: 12 May 2021
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#armsindustry #arms #military
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7:44
Can Palmer Luckey Reinvent the U.S. Defense Industry? | WSJ
Military tech startup Anduril Industries is shaking up the U.S. defense industry as it is ...
published: 04 Dec 2023
Can Palmer Luckey Reinvent the U.S. Defense Industry? | WSJ
Can Palmer Luckey Reinvent the U.S. Defense Industry? | WSJ
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- published: 04 Dec 2023
- views: 2141526
Military tech startup Anduril Industries is shaking up the U.S. defense industry as it is one of the few privately held technology companies finding success as a Defense Department contractor. But what makes the company’s software so unique that it is being used across multiple branches of the U.S. military and in both the Russia-Ukraine War and Israel-Hamas War?
WSJ explains how this startup is operating in order to disrupt the U.S. defense industry.
Chapters:
0:00 Anduril’s vision
1:04 Palmer Luckey
1:48 Software
2:58 “Moneyball Military”
4:55 America’s defense industry consolidation
5:53 Anduril acquiring other startups
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#Military #Tech #WSJ
1:01
US and UK dominate global arms industry, says report
A Swedish report on global arms sales ranks defence firms from the United States and Weste...
published: 15 Dec 2015
US and UK dominate global arms industry, says report
US and UK dominate global arms industry, says report
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- published: 15 Dec 2015
- views: 2184
A Swedish report on global arms sales ranks defence firms from the United States and Western Europe as dominating the industry.
Data published by The Stockholm International Peace Research Institute (SIPRI) shows sales of military equipment by Russian firms were up in 2014 and accounted for one-tenth of total sales on the list. The top Russian seller was Almaz Antei. The country had two new entries into the Top 100: High Precision Systems and RTI.
Lack of data prevented Chinese companies from…
READ MORE : http://www.euronews.com/2015/12/14/us-and-uk-dominate-global-arms-industry-says-report
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2:00
How Singapore became a global military industry hub
How Singapore became a global military industry hub
Companies arming the world's navies h...
published: 18 May 2017
How Singapore became a global military industry hub
How Singapore became a global military industry hub
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- published: 18 May 2017
- views: 237076
How Singapore became a global military industry hub
Companies arming the world's navies have been displaying their latest technology in a major maritime defence show in Singapore.
The Asia-Pacific region accounts for a third of global defence spending, and demand for new military hardware is likely to grow.
Al Jazeera's Scott Heidler reports on how Singapore became a major hub for the global military industry.
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6:00
France's arms race: Defence industry on war footing • FRANCE 24 English
When Russia launched its full-scale invasion of Ukraine in February 2022, Ukraine's Wester...
published: 09 Jan 2024
France's arms race: Defence industry on war footing • FRANCE 24 English
France's arms race: Defence industry on war footing • FRANCE 24 English
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- published: 09 Jan 2024
- views: 218098
When Russia launched its full-scale invasion of Ukraine in February 2022, Ukraine's Western allies committed to sending weapons, ammunition and military hardware to Kyiv. In France, this has meant a major increase in industrial production. French President Emmanuel Macron has said France has entered a "wartime economy", whereby the defence industry is producing more and faster than before. But what does a "wartime economy" actually mean in practice? And how is the "Made in France" arms industry trying to adapt to this increased demand? FRANCE 24's Claire Paccalin and Fadile Bhayat report.
#Ukraine #France #military
Read more about this story in our article: https://f24.my/A2ax.y
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20:10
The Business of War: SOFEX
SOFEX is where the world's leading generals come to buy everything from handguns to laser-...
published: 05 Jul 2012
The Business of War: SOFEX
The Business of War: SOFEX
- Report rights infringement
- published: 05 Jul 2012
- views: 4235842
SOFEX is where the world's leading generals come to buy everything from handguns to laser-guided missile systems. It stands for "Special Operations Forces Exhibition Conference" and it's essentially a trade-show where just about anyone with enough money can buy the most powerful weapons in the world.
Hosted by Shane Smith | Originally released in 2012 at http://vice.com
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5:05
How South Korea is Transforming Into a Weapons Export Giant | WSJ
South Korea is the fastest-growing arms exporter in the world, with their defense exports ...
published: 18 Sep 2023
How South Korea is Transforming Into a Weapons Export Giant | WSJ
How South Korea is Transforming Into a Weapons Export Giant | WSJ
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- published: 18 Sep 2023
- views: 578855
South Korea is the fastest-growing arms exporter in the world, with their defense exports growing by 177% in just a five-year period. Although the U.S., Russia and France have larger defense industries, analysts say the pace at which Seoul is expanding marks a shift for their future.
South Korea’s largest defense company, Hanwha, is quickly constructing K-9 Howitzers for Poland and new submarines called KSS-iii that could help bolster NATO’s arsenal in the future.
WSJ takes a rare look inside Hanwha’s facilities to see how South Korea is transforming into a defense giant and explores what this means for the Western military alliance.
0:00 South Korea’s defense industry
0:47 K-9 Howitzers and speed of production
2:11 Submarines
3:22 Supply chain
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#SouthKorea #Weapons #WSJ
Arms industry
The arms industry is a global business that manufactures weapons and military technology and equipment. It consists of commercial industry involved in research and development, engineering, production, and the service of military material, equipment, and facilities. Arms producing companies, also referred to as defense contractors or military industry, produce arms mainly for the armed forces of states. Departments of government also operate in the arms industry, buying and selling weapons, munitions and other military items. Products include guns, ammunition, missiles, military aircraft, military vehicles, ships, electronic systems, and more. The arms industry also provides other logistical and operational support.
It is estimated that yearly, over 1.5 trillion United States dollars are spent on military expenditures worldwide (2.7% of World GDP). This represents a decline from 1990 when military expenditures made up 4% of world GDP. Part of this goes to the procurement of military hardware and services from the military industry. The combined arms sales of the top 100 largest arms producing companies amounted to an estimated $395 billion in 2012 according to Stockholm International Peace Research Institute (SIPRI). In 2004 over $30 billion were spent in the international arms trade (a figure that excludes domestic sales of arms). According to SIPRI, the volume of international transfers of major weapons in 2010–14 was 16 per cent higher than in 2005–2009. The five biggest exporters in 2010–14 were the United States, Russia, China, Germany and France, and the five biggest importers were India, Saudi Arabia, China, the United Arab Emirates (UAE) and Pakistan. The arms trade has also been one of the sectors impacted by the credit crunch, with total deal value in the market halving from US$32.9 billion to US$14.3 billion in 2008.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Arms_industry
The Military-Industrial Complex...
How aid to Ukraine benefits US arms manufacturers ...
How Europe is creating its own military-industrial...
The Global Arms Industry - Who's selling and who's...
Can Palmer Luckey Reinvent the U.S. Defense Indust...
US and UK dominate global arms industry, says repo...
How Singapore became a global military industry hu...
France's arms race: Defence industry on war footin...
The Business of War: SOFEX...
How South Korea is Transforming Into a Weapons Exp...
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Labour's defence review could drag on until autumn
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Russia, Iran ink strategic partnership agreement
The deal covers defence, counter-terrorism, energy, finance, transportation, industry, agriculture, culture, science and technology. READ. Iran hails Gaza ceasefire deal as ‘historic victory’ for Palestinians ....
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The Musks of another time
... as Eisenhower’s warning about “military-industrial complex”. It will depend on whether Big Tech captures US government policy as completely as the American arms industry has captured US defence policy.
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Joe Biden’s tragedy of errors
On Ukraine, Biden spoke as though the future of Western democracy was on the line, but his actions and his administration’s failure to address long-running challenges in America’s defence industrial capacity indicated otherwise.
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Munster lose to Northampton Saints in thriller to likely miss out on home knockout tie
The pack held out a lineout drive, but were once again outdone by the defence out wide ... The team showed character and grit, especially in defence, and one of those who epitomised that ethic and industry was scrumhalf Conor Murray.
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Seven Indian firms join India-US space, defence collaboration programme
defence industry leaders such as Northrop Grumman, RTX, and Lockheed Martin, two of the sources said ... Why defence industry needs an urgent rehaul ... Department of Defence and private industry leaders, as well to gain a foothold into the U.S.
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International Defence Conference 2025 to begin February 16
Innovation, Integration, and Resilience”, the conference will welcome a diverse group of participants, including senior government officials, defence policymakers, industry leaders, academics, ...
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Donald Tusk tells Starmer he wants ‘Breturn’ after Brexit
The UK-Poland security treaty will deepen ties between the two countries’ defence industries, including on producing new air-defence systems for the Eastern European nation, which directly borders war-torn Ukraine.
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