Friday, December 23, 2016

No wonder defence industries like him...

The shambolic embarrassment of a President elect announcing potential policy as half-arsed thoughts on Twitter continues, I see:
 President-elect Donald Trump has said the US should enlarge its nuclear arsenal, an apparent reversal of a decades-long reduction of the nation's atomic weaponry that came hours after Russian President Vladimir Putin reiterated calls for his country's arsenal to be reinforced.

And while the stoopid who voted for him thought it was great that careless reporting indicated Boeing was willing to shave about $1 billion off the cost of a new Air Force One (seriously, do reporters really think Boeing just admitted that it had bolstered the cost by 25% just because it could get away with it?), they might want to consider that all defence companies do have a great incentive to be seen to be flattering his massive ego, because they know he is a cash cow just waiting to be milked:
Lockheed Martin, Boeing and Northrop Grumman are already competing to build a next generation of intercontinental ballistic missiles for the US Air Force, a project expected to cost at least $85 billion.
That is just one part of a modernisation plan that will contribute to what defence analysts call a gathering "bow wave" of spending in the coming decade on major weapons that future presidents will face.
Defence companies stand to benefit from a resurgence in military spending promised by Mr Trump and already under way in Western Europe and Asia as global tensions rise.

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