Rolls Royce

en

Tim Wright

Each year, the nine nuclear-armed nations spend a combined total of more than US$100 billion on their nuclear forces – assembling new warheads, modernizing old ones, and building ballistic missiles, bombers and submarines to deliver them. Much of this work is carried out by private corporations, which are financed by a vast web of financial institutions around the world.

In September every other year London's antimilitarist scene is dominated by DSEi - the Defence Defence Systems & Equipment International, the largest arms fair in Europe. One problem in organising such regular events is that it is virtually impossible to keep the numbers growing every time, and this year numbers were again down.

While diplomats and lobbyists are preparing for the renewal of the Nuclear Non Proliferation Treaty and peace activists are preparing for a closure of European nuclear bases on april the 3th, the arms industry is making money of developing new nukes. These are the biggest profiteers making new NATO nukes:

For the US

Honeywell is one of the biggest global arms companies, although only 10% of its profits comes from arms. Honeywell produces equipment for simulated nuclear explosions. Such simulated explosion are essential to develop new nuclear weapons.

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Last month's protest in Burma revealing the violence and crimes of the Burmese military dictatorship has also helped identify the war profiteers that are supporting this Burmese military dictatorship. While many governments came up with strong declarations against the Burmese dictatorship many of the big companies that these government support are making high profitable business thanks to their relations with the dictatorship.

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