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More than $80 billion is spent each year on nuclear weapons production, manufacturing, development and stockpiling. Companies earn at least 35% of that money. These companies should get out of the business of building the most destructive, inhumane and indiscriminate weapons ever created.
Globally, nuclear-armed countries have contracts with companies to produce nuclear weapons totalling at least $278.6 billion continuing in some cases through 2040. These entities, driven solely by financial gain, hire lobbyists and finance think tanks to actively work against any meaningful disarmament initiatives.
The exchange of money and influence, from countries to companies to lobbyists and think tanks, sustains and maintains the global nuclear arsenal. Each part of this cycle offers an opportunity to disrupt the current nuclear order towards a more practical and realistic approach to global affairs.
These five companies are part of the nuclear weapons problem:
- BAE Systems helps build nuclear weapons for France, the UK and the U.S., about 15% of it's annual revenue.
- Boeing is behind the U.S. ICBM force, and also helps with the Trident system for both UK and the U.S. Boeing has come under a lot of scrutiny for airplane safety- maybe they should focus on airplanes, and drop the nuclear weapon contracts!
- Lockheed Martin is the world’s biggest defence contractor, but even they don’t make more than 5% of their annual revenue from nuclear weapons- it’s time to end involvement in illegal weapons of mass destruction.
- Northrop Grumman is building a whole new generation of nuclear bombs for the U.S., and they’re spending millions on think tanks to make the case for why nuclear weapons are needed. That’s totally unacceptable- and Northrop Grumman should be on every investor’s exclusion list!
- RTX (formerly known as Raytheon Technologies) is building key parts for the U.S. ICBM forces- and helping to make sure an entire city can be vaporised in 30 minutes or less, but RTX should drop the contracts to make it harder for anyone to drop nuclear bombs!
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