Is the military industry really making money due to the war in Iraq? do you have any proof or figures?

Question

is there any proof on the internet?

Answer 1

of course it is.


where do you think the billions of tax payers money goes?

school books and road signs of Iraq?
Nope.. war and occupation its a very expensive business.

and Mr. Bush will make plenty after he steps down as he as has his seat reserved for many years ( with his dad )
at the Carlyle group.
http://www.globalsecurity.org/military/industry/carlyle.htm

have a quick look at this,
http://www.globalsecurity.org/military/industry/top100.htm

Answer 2

With all the activity that goes on in the defence industry it can sometime be hard to tell what contracts are driven by conflicts in Iraq and Afghanistan. I did a very quick check and found two examples that, to me, stood out as being contracts that could be linked to the current situtations.

The first is a $14.6 million contract with Norhrop Grumen and the US Army Aviation command. This is for upgrades and logistical support for the Hunter (UAV).

The second is a US DoD request for $1.2 billion for the order of 8,800 MRAP (Mine Resistant Ambush Protection) vehicals. Most of these are produced for the US by Force Dynamaics.

I also saw a report that Spain had also order 578 MRAPs at $464 million.

I am sure there are many more examples available.

Answer 3

Its not the "military industry" thats making a profit. Its the private company's that supply to the military. (Vice Pres. Cheney for expample, and I'm sure Pres. Bush) I saw a report on 20/20 or some news report show a few weeks ago which discovered that the military was/is being severely over-charged for common items like bolts. (A $0.20 bolt would cost the military $60.00)[ I'm not 100% sure on the figures but it illustrates my point]

Answer 4

Are you kidding me? The military is the US's biggest expenditure, the biggest part of their budget. You're talking hundreds of billions of dollars. So, yes, somebody out there is making a pile of money out of that war. Fuelling a war fuels the economy and put tons of money in suppliers (and go-betweens) pockets

Answer 5

contractors are making the most money here. a lot of them are getting a leg up because i know in some cases it's a "no bid" contract system. that means they can basically charge whatever they want. this is the organization that VP Cheney was the CEO for in 1995: http://www.halliburtonwatch.org/

Answer 6

one would hope so since you go into business to make money not lose it.

it is the people in the government that allow the over charging of .60 cent bolts. if the company i worked for would pay me $500,000.00 a year to do my job I'd take it they would be stupid to pay me that much though. if the government wouldn't pay $20 for a .60 cent bolt the company wouldn't charge them that amount.