this post was submitted on 22 Dec 2024
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[–] pewgar_seemsimandroid@lemmy.blahaj.zone 0 points 4 days ago (1 children)

Israel builds weapons so they could do it themselves

[–] UnderpantsWeevil@lemmy.world 2 points 4 days ago* (last edited 4 days ago)

https://afsc.org/gaza-genocide-companies

Between October and the beginning of March, the U.S. approved more than 100 military sales to Israel, but publicly disclosed only two sales. A list of known U.S. arms transfers is maintained by the Forum on the Arms Trade.

Much of these weapons were purchased using U.S. taxpayers’ money through the Foreign Military Sales program, while some were direct commercial sales purchased through Israel’s own budget. An undisclosed amount of weapons was also transferred from U.S. military stockpiles already stored in Israel, known as War Reserves Stock Allies-Israel (WRSA-I). The use of WRSA-I to provide Israel with weapons serves to further obfuscate the full picture of U.S. arms transfers, as there is no public record of these stockpiles' inventory.

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This is a form of corporate welfare not only for the largest weapons manufacturers, like Lockheed Martin, RTX, Boeing, and General Dynamics, which have seen their stock prices skyrocket, but also for companies that are not typically seen as part of the weapons industry, such as Caterpillar, Ford, and Toyota (see below).