Since the Ukraine war on February 24, Western governments
have been shipping large quantities of weapons to the country, making the arms
supply an extremely lucrative trade for dealers.
The US administration under President Joe Biden has been
announcing fresh military packages on a regular basis. Weapons being sent to
Ukraine that will keep the US military complexes busy for a long time to
come.
The
aggregate US military aid totals at least US$25 billion committed since late
February until August 03, 2022 according to the Ukraine Support Tracker.
On Thursday, Secretary of State Antony Blinken announced
another US$2.2 billion military package for Ukraine and neighboring countries.
Earlier President Biden had also approved a separate US$675 million in weapons
to Ukraine, Defense Secretary Lloyd Austin announced.
There
is no sign the US is willing to end war; on Friday the White House said Biden
will request a further US$11.7 billion in emergency funding from Congress to
provide lethal aid and budget support.
The
five largest companies in the world that manufacture weapons are all American
namely: Lockheed Martin, Raytheon, Boeing, Northrop Grumman and General Dynamics.
In fact, half of the top 100 producers of arms are based in the United States,
while twenty are located in Europe.
In the aftermath of the Ukraine conflict, these five
American firms saw their stock prices soar in a sign that investors believed
profitable days were ahead.
At a
time when the broader stock market as measured by the S&P 500 had slumped
by about 4%; Lockheed Martin’s stock price was up over 12% – with most of the
gains occurring in its immediate aftermath. Northrop Grumman has jumped by 20%.
It’s not just the dealers making profit, over the past months;
reports have emerged showing how members of Congress stand to personally profit
from the war with lawmakers or their spouses holding stock in arms dealers such
as Lockheed Martin or Raytheon Technologies.
Likewise,
politicians in Britain such as members of the House of Lords made tens of
thousands of pounds by owning shares in the largest British weapons manufacturer
and sixth in the world, BAE Systems. The arms dealers’ share price rose by 23%
following the outbreak of war in Ukraine.
It’s
not just politicians who benefit from the vast arms supplies to Eastern Europe;
weapons dealers have many people on their payroll as well. These include the
many pundits on the face of American mainstream media who discuss the war in
Ukraine while having strong links with the US arms manufacturers.
It makes the job of the Biden administration much easier
when trying to sell to the public the reasons to send more weapons and making
announcements about new military packages.
The US
has shipped at least 5,500 Javelin anti-tank missiles manufactured jointly by
Raytheon Technologies and Lockheed Martin. The two firms will be paid to
replenish American stocks with the money coming from a US$40 billion package
signed by Biden.
The other weapons America has been sending include longer
range missile systems, anti-ship missiles, anti-tank missiles, anti-aircraft
missiles, helicopters, rockets, launchers, howitzers, radar systems, drones,
aerial systems, armored vehicles, small arms, artillery and other arms.
Washington has also put aside money for training, maintenance and
sustainment.
That’s a lot of arms being shipped over by the US, which is
leading the Western war effort in Eastern Europe against Russia which has long
blamed the US and NATO for triggering the conflict.
Moscow
requested an emergency meeting of the United Nations Security Council on
Thursday to discuss Western arms supplies to Ukraine.
The Russian Ambassador, Vasily Nebenzya, told the council it
was a fantasy to believe that Western powers can determine the outcome of the
conflict with their weapons supplies.
A
significant proportion of these weapons find itself in the hands of smugglers
right from the warehouses. In the darknet, one can find all kinds of offers to
buy these weapons. We’ve already seen similar situations in the Balkans and the
Middle East where Western military arsenals were then re-exported to Europe and
then used by criminal groups on European territory or found their way into the
hands of terrorists.
The UN disarmament chief, Izumi Nakamitsu, has also warned
that the flood of weapons being sent to conflict areas such as Ukraine raises
many concerns including the potential for diversion.
Campaigners
have also been speaking out about the consequences of where the vast number of
weapons may end up. Kristen Bayes, a spokesperson for the Campaign Against the
Arms Trade, says the provision of weapons to Ukraine is not problem free.
"You might think you're handing over weapons to people you know and like,
but then they get sold on to people you absolutely don't”.
Campaigners
say the risk of advanced and sophisticated weapons delivered to Ukraine ending
up in the black market is high because authorities are not in full control of
all territory. They argue it is also difficult to keep track of the arms when
they have been sent so quickly.
In July, the Financial Times quoted Western officials with knowledge
about talks between several NATO members and Kyiv to explore a tracking system
or detailed inventory lists for weapons highlighting Western fears about
missing weapons.
“All these weapons land in southern Poland, get shipped to
the border and then are just divided up into vehicles to cross in trucks, vans,
sometimes private cars,” said one of the Western officials. “And from that
moment we go blank on their location and we have no idea where they go, where
they are used or even if they stay in the country.”
It’s
not just the US; Britain has also committed at least £2.3 billion in military
assistance. Following the Britain are: Poland, Germany, Canada, the Czech
Republic, Australia and France. Out of the 28 countries sending weapons, 25 are
NATO members.
Many European countries used the Ukraine conflict to
announce plans for increased military spending. The additional commitments are
worth at least €200 billion according to the EU.
Germany
committed an extra €100 billion in the coming years, with Chancellor Olaf
Scholz saying defense would make up two percent of his country’s GDP from now
on. As a result of the news, German arms manufacturers can expect to see their
sales grow significantly. Berlin has already announced it will be purchasing 35
American F-35 war planes, which are produced by Lockheed Martin and have an
estimated lifetime cost of US$1.6 trillion.
The French President Emmanuel Macron has pledged to expand
his country's defence budget, while the British government had already planned
increased spending before the conflict broke out but faces pressure from Labour
to spend even more.
Poland said that it had requested 500 HIMARS launchers and
ammunition from Lockheed Martin. Estonia confirmed it has been in touch with
the American manufacturer also to buy launchers and ammunition worth. Latvia
and Lithuania are expected to follow suit.
Campaigners say with so much profit being made from the war,
it’s not surprising that peace is not being pursued.
