War Is Big Business. We Need A Strengthened Movement To Challenge The Arms Industry
Case in point, on April 7, 2017, Fortune reported, "Raytheon stock surged Friday morning, after 59 of the company's Tomahawk missiles were used to strike Syria in Donald Trump's first major military operation as President." Fortune also highlighted, "The shares of other missile and weapons manufacturers" including Boeing, Lockheed Martin, Northrop Grumman, and General Dynamics "each rose as much as 1 per cent, collectively gaining nearly $5 billion in market value as soon as they began trading, even as the broader market fell." Arms corporations based in Canada are also making a killing. In June 2016, The Globe and Mail reported, "Canada has soared in global rankings to become the second biggest arms dealer to the Middle East on the strength of its massive sale of combat vehicles to Saudi Arabia, new figures show."