SIPRI head office in Solna, Sweden. Facebook
Western armament companies suffer from acute shortsightedness
The Stockholm Institute for Peace Research SIPRI has now presented the latest sales figures for the hundred largest arms companies. They were also able to enjoy an excellent financial year in 2021 and slightly increased their sales in 2021 to 592 billion euros. But the main problem is supply-chain bottlenecks due to sanctions.
Published: December 8, 2022, 7:16 am
Stockholm
Nothing will change for the better in that respect anytime soon, because Russia of all places is also the most important supplier of raw materials for the western armaments companies.
It is doubly embarrassing, because Western countries had actually wanted to inflict maximum damage on Russia with their sanctions policy.
So far, this goal has clearly been missed. But even worse: as a result of their escalating support for Ukraine, many Western armaments arsenals have been emptied dramatically in recent months.
Especially with a view to the continued support of Ukraine and the preparation for possible Russian threats, western armaments suppliers should be producing at full speed in order to fill the gaps again. But nothing will come of it since many of the most important raw materials come from Russia of all places.
“If the supply chain problems persist, it could take some of the most important arms manufacturers years to meet the demand created by the war in Ukraine,” explained SIPRI researcher Diego Lopes da Silva to Manager Magazin.
All rights reserved. You have permission to quote freely from the articles provided that the source (www.freewestmedia.com) is given. Photos may not be used without our consent.
Consider donating to support our work
Help us to produce more articles like this. FreeWestMedia is depending on donations from our readers to keep going. With your help, we expose the mainstream fake news agenda.
Keep your language polite. Readers from many different countries visit and contribute to Free West Media and we must therefore obey the rules in, for example, Germany. Illegal content will be deleted.
If you have been approved to post comments without preview from FWM, you are responsible for violations of any law. This means that FWM may be forced to cooperate with authorities in a possible crime investigation.
If your comments are subject to preview by FWM, please be patient. We continually review comments but depending on the time of day it can take up to several hours before your comment is reviewed.
We reserve the right to delete comments that are offensive, contain slander or foul language, or are irrelevant to the discussion.
Europe
The Secret Behind the Vikings’ Berserk Rampage Revealed
Icelandic sagas tell of fearsome Viking warriors who fought in a state of wild rage, immune to both pain and weapons.
The Right Look: Why Conservative Politicians Are Rated More Attractive
Looks matter in politics — and the right, it turns out, has the prettier face.
Morocco: An Arab Monarchy with Strong Jewish Ties
The area that today constitutes Morocco has a long history with Europe, as the country lies only a few miles south of the southern tip of Spain.
Ceuta Locals Forced to Step In As Authorities Dither
After weeks of total inaction by the Spanish government, police, and military, frustration in Ceuta reached a boiling point. Then the police took action—against their own people
Firewall Imposed by Mainstream German Parties Against AfD Crumbles
The German opposition party, the AfD, made history on Sunday: for the first time, it achieved almost 44 percent of the vote in the Saxony-Anhalt state election, becoming by far the strongest political party; it narrowly missed an absolute majority.
Climate Propaganda Tanks: Two-thirds Are Disbelievers
The climate change narrative is losing its grip in Germany, once home of the most ardent believers.
Berlin Ditches German Opera for Afrofuturism
The Deutsche Oper in Berlin may still bear that name – but opera is a thing of the past.
With Nordenskiöld Through the Northeast Passage
In April, 1880, Stockholm's streets were filled with people cheering when a three-masted ship sailed into the harbour.
Will Coalition of Ukraine Supporters Crumble without Macron?
ParisMore than four and a half years after the outbreak of war in Ukraine, the coalition of the "willing" is showing cracks.
No comments.
By submitting a comment you grant Free West Media a perpetual license to reproduce your words and name/web site in attribution. Inappropriate and irrelevant comments will be removed at an admin’s discretion. Your email is used for verification purposes only, it will never be shared.