raytheon boeing stock market

    

When US President Donald Trump fired a barrage of Tomahawk missiles at Syrian government targets last week, it was a good day for defense contractors, at least.

In the aftermath of the strike, which Trump claimed was in retaliation for an alleged chemical attack by the Syrian government, stocks in Tomahawk missile manufacturer Raytheon surged. Raytheon stock has climbed more than 18 percent in 2018 so far. In fact, stocks in defense companies have been climbing in general since Trump entered office promising “historic” increases in military spending.

Almost a year ago to the day, Trump delivered another bump to the defense companies after attacking Syrian government positions for the first time – also in response to an alleged chemical attack, evidence for which remains in question.

After that strike Boeing, Lockheed Martin, Northrop Grumman and General Dynamics also rose, gaining nearly $5 billion in market value when trading began the next day, even as the wider market slumped.

Later, when Trump appointed the famously militaristic John Bolton as his national security adviser in March, guess what happened? Shares in US energy and defense companies surged yet again. It doesn’t take a rocket scientist to figure this one out: war is profitable. The more missiles Trump fires, the more money these companies make.


Comment: Appointing psychopaths is apparently good for the stock market: We Know Where Your Kids Live’: How John Bolton Bullied and Intimidated an International OPCW Official

But where do the think tanks come in?

There is a pervasive myth that Washington DC ‘think tanks’ are neutral and unbiased players in foreign policy analysis. But where do these centers for foreign policy ‘analysis’ get their money from? You guessed it: defense companies.

There are a few think tanks which dominate in American foreign policy debates. They include the Center For European Policy Analysis (CEPA), the Atlantic Council, the German Marshall Fund (GMF), the Brookings Institution and the Heritage Foundation. All five of them receive generous donations from Lockheed Martin and Raytheon. Three of them also receive funding from the Boeing Company.

Corporations like Exxon Mobil, Northrop Grumman, BAE Systems, and Bell Helicopter are also big donors to think tanks. Bell Helicopter is a funder of CEPA, while Exxon funds Brookings, GMF and the Atlantic Council. BAE Systems donates to CEPA, while Northrop Grumman gives to the Atlantic Council. This is not to even mention the money they get directly from US government departments and NATO, which also helps explain their consistently anti-Russian analysis.

Nonetheless, these think tanks enjoy an undue air of independence. Experts who work for these defense contractor-funded institutes are quoted frequently in mainstream newspapers and invited on mainstream channels, where they are presented as independent voices. But those independent voices somehow always seem to be in favor of policies that benefit weapons manufacturers.

War profiteers are filling their coffers in return for ‘analysis’ which promotes military action and massively inflates the threat posed to America by countries like Russia, for example.

A glance at the Twitter feed of CEPA reveals almost obsession-like focus on the so-called threat from Russia. In 2016, the Lockheed and BAE Systems-funded think tank suggested in a report on information warfare that people who have “fallen victim to Kremlin propaganda” should be “deradicalized” in special programs.

The NATO-funded Atlantic Council has consistently lobbied for regime change in Syria. In the days surrounding Trump’s military actions against Syria last week, the Atlantic Council published multiplepieces of analysis and interviews with a single theme: that Trump did not or would not go far enough with one night of strikes. Earlier, when the alleged chemical attack took place, the think tank argued that Syrian President Bashar Assad was “indulging an addiction” and called on the US to take new military action against him. For some reason, diplomacy does not seem to be high on the Atlantic Council’s agenda.

It seems the more money defense contractors throw at think tanks, the more those think tanks will argue in favor of the military policies that will make those companies the most money. It’s a vicious cycle, but one which doesn’t take much think tank-style ‘analysis’ to figure out.

The sad thing for the think tank lobbyists, is that the money they make calling for war is nothing in comparison to the money Lockheed, Raytheon, Boeing and the rest make from it. Maybe they should ask for a raise.