Don’t Bank on the Bomb | Producing mass destruction: Private companies and the nuclear weapons industry
The new report, “Producing mass destruction: Private companies and the nuclear weapons industry” illustrates the relationship between the commercial sector and nuclear weapons.
The report finds that nuclear armed governments have at least $116 billion in contracts with private companies to build nuclear weapons. Companies including Huntington Ingalls Industries, Lockheed Martin, Honeywell International, General Dynamics and, Jacobs Engineering are directly involved in the nuclear weapon industry, seeking profit from the production of weapons of mass destruction.
By investing in these companies, financial institutions and others are in effect facilitating the build-up of nuclear forces. This undermines efforts to achieve a nuclear-weapon-free world and heightens the risk that one day these weapons of mass destruction will be used again.