How much is being spent in Defence expenditure and how Arms Trade gets promoted by private manufacturers of arms?
- Hundreds of billions of dollars, annually, throughout the world, are being spent for military operations.
- 25% of this is spent on just procurement of weapons.
- 17% of these are spent in transactions across countries
Promotion of Arms Deals:
1. Krupp, a family of successful arms merchants and manufacturers
Armies and navies invested in Krupp’s nickel steel armour Then Krupp made chrome steel shells that can pierce nickel leading to further investment by military.
Then they made a high-carbon armour plate that can resist the new shells resulting in more orders Then Krupp again produces, ‘capped shot’ with explosive noses which can pierce through the high-carbon armoured plate also Arms deals continued to flourish
2. Vickers and Schneider-another arms manufacturer
Supplying arms to Chinese, Japanese and Russians
Pointing out the growth of the Japanese navy to Chinese
Pointing out the growth of the Chinese to their rivals, Russians
Russia – Japanese war in 1905 was useful for the cause of arms manufacturers.
Russians lost the war, hence ordered fresh arms for rehabilitation
Japanese won the war, but were upset since terrible bloodbath was caused by
Russians machine guns on land.