War Profiteers

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WRI activists disrupting the welcome dinner at the ADEX arms fair
WRI activists disrupting the welcome dinner at the ADEX arms fair

Economics is one of the key causes of war - wherever there is a military conflict, someone is profiting from it. We call this "war profiteering".

WRI looks at war profiteering in a broad sense - we consider all companies and initiatives that benefit financially from military conflict as war profiteers, in some sense. This includes the arms trade and companies profiteering for the privatisation and outsourcing of the military, but also those extracting natural resources in conflict zones, financial institutions investing in arms companies, and many others.

WRI publishes a series of war company profiles, and organises events to bring campaigners and researchers together to share strategies against war profiteering.

Following the murder of journalist Jamal Khashoggi in the Saudi Arbian embassy in Istanbul on October 2nd, Germany’s chancellor Angela Merkel announced that Germany will halt all arms sales to Saudi Arabia.

The Spanish government has decided to go ahead with the delivery of 400 laser guided missiles to Saudi Arabia, worth more than $10m, a few weeks after saying they would cancel the order.

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In the first week of September 2018, the president of the Philippines, Rodrigo Duterte, spent four days visiting Israel. His trip was an opportunity to meet the Israeli prime minister Benjamin Netanyahu, the thousands of Filipinos who live and work in the country… and explore opportunities to buy weapons.

In the United Kingdom, campaigners have been resisting arms fairs being held in their cities. In Glasgow, dozens of activists held noisy protests outside the Undersea Defence Technology exhibition and conference, held at the cities Scottish Events Campus (SEC). In Farnborough and London, activists protested against the Farnborough International Airshow - biannual, week-long event, combining a public air show with an international trade show attended by military delegations from all over the world.

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