Tuesday, February 01, 2011
Whatever becomes of Egypt’s president, Hosni Mubarak, the last 30 years of his reign have been good for American defense contractors. With more than $1 billion a year in military assistance from Washington, Mubarak’s government has purchased a lot of firepower made in the U.S.A.
Over the past 10 years alone, the Department of Defense has brokered more than $11 billion in U.S. arms sales to Egypt from companies like Lockheed Martin ($3.8 billion) General Dynamics ($2.5 billion), Boeing ($1.7 billion), Raytheon ($750 million) and General Electric ($750 million).
The Egyptian military arsenal includes F-16 fighter planes (Lockheed Martin), M1A1 tanks (General Dynamics), Harpoon, TOW, Hellfire, and Stinger missiles (Boeing, Raytheon and Lockheed Martin), howitzers (United Defense) and aircraft engines (General Electric).
-Noel Brinkerhoff
Who Profited From Arming Egypt? (by William Hartung, Huffington Post)
Arab Dictatorships Take 4 of Top 5 Spots in Purchase of U.S. Weapons and Services (by Noel Brinkerhoff and David Wallechinsky, AllGov)
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