Companies and their products

The No Airport Arms Ads (NAAA) campaign wants you to know more about some of the companies that advertise in this busy part of our city. NAAA believes ads for arms companies are neither welcome in the national capital nor welcoming. They should not be part of the face that Canberra presents to the world.

 

Company

Annual revenue/sales

Products include

Austal

$US1.1 billion (World 2014)

Border protection boats and systems, patrol boats, rescue and disaster relief vessels

BAE Systems

$US26 billion (World 2014)

Military flight training, systems (communications, cyber, laser aiming, missiles, weapons), Taranis unmanned drone carrying guided missiles and bombs

Lockheed-Martin

$US45.6 billion (World 2014)

F35 joint strike fighters, naval combat systems, Sentinel aerial reconnaissance drones, warfare training

Raytheon

$US22.8 billion (World 2014)

Missiles, nuclear-armed bomber and submarine communications, guided bombs, disposable drones

Thyssen-Krupp

$US45.9 billion (World 2013-14)

Nuclear-armed submarines, naval support vessels

 

Australia in the global arms industry

These companies link Australia into the world-wide arms industry. For example:

  • The United States exported major weapons to over 94 countries in 2010-14; Australia was the US’s third-largest customer for these weapons, taking 8 per cent of US exports.
  • Australia was the world’s sixth-largest importer of major weapons in 2010-14, taking 68 per cent of its imports of these weapons from the US.
  • Australia’s imports of major weapons increased 65 per cent between 2005-09 and 2010-14

Lockheed Martin and its F35 fighter planes deserve a special mention. Among many other criticisms of the F35 project, an article in The Washington Post on July 25, 2014, outlines the willingness of budget-conscious governments to overlook the staggering cost of weapons systems they like:

Yesterday in Fort Worth, officials from the Pentagon, Lockheed Martin, and the Australian government gathered to celebrate the fact that two F-35 fighter jets bound for our ally down under were rolling off the assembly line. ……[It] has been one of the most remarkable boondoggles we’ve ever seen, not only the most expensive weapons system in history, but one that has been plagued by one disastrous problem after another…….The remarkable lack of interest in figuring out how things could have gone so wrong with this plane, especially from people who claim to be so desperately concerned about runaway government spending, tells you something about what a sham deficit hawkery really is.

You can read the full article at: https://www.washingtonpost.com/blogs/plum-line/wp/2014/07/25/how-the-f-35-boondoggle-shows-that-deficit-hawkery-is-a-sham/

Sources: NAAA research, company publicity, the website of the Department of Defence, Stockholm International Peace Research Institute (SIPRI), Trends in International Arms Transfers, 2014. Amounts in US dollars. These companies advertised at the airport during 2014-15. Canberra Airport advertisements change regularly in accordance with contracts.

August 2015