French police with protective shields walk in line near the Bataclan concert hall following fatal shootings in Paris, France, November 14, 2015. REUTERS/Christian Hartmann
Sydney Morning Herald: Paris Attacks: War on Islamic State brings $US50 billion defence boost
Europe's defence industry is set to reap a $US50 billion ($69 billion) windfall as the terror attacks on Paris prompt governments to ramp up spending on military capabilities spanning cyber security to fighter jets, armoured vehicles and drones in an effort to defeat Islamic State.
France, where Dassault Aviation's Rafale fighter jet is made, has halted plans to cut almost 10,000 military personnel, while Germany will spend an extra €8 billion ($11.7 billion) on defence and Britain has earmarked a further £12 billion ($24.9 billion), benefiting companies including BAE Systems. Italy said Tuesday it would devote €1 billion more to security, after the draft budget called for €2 billion of reductions.
WNU Editor: So .... the Paris attackers spend about $7,500 to finance their terror attack .... Paris Terror Attacks: Militants Responsible May Have Spent Just $7,500 (IBTimes), but it is the defense industry that stands to bring in $50 billion. Sighhh .... I am definitely in the wrong business.
1 comment:
WNU
U.S. air force operation from Missouri to the Middle East with B2 bomber ,( airplane cost $ 2 billion dollars) .
To drop off a guided smart bomb J-ADAM prize .( $50 to190 thousand dollars .
Objective destroy a $100 dollars tent . .:-)
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