Sanctions that make it harder for Russia to export military equipment create an “opportunity” for US weapons makers to find new markets, a White House official said at the arms industry conference ComDef on Tuesday.
“As a practical matter, countries that have had to rely on Russian equipment are going to find it very difficult to get even basic supplies from Russia’s defense industrial base,” Cara Abercrombie, the National Security Council’s director of defense policy and arms control, told the conference.
“It is an opportunity, certainly for industry members in the room. It is an opportunity for the United States to provide the support that these countries need,” Abercrombie added.
The Biden administration’s policy of supporting Ukraine in its war against Russia has been a total boon for the US arms industry. Besides profiting from the arms being sent to Ukraine, the industry stands to gain from former Soviet states phasing out their Russian-made equipment for NATO armaments.
Abercrombie said the US and its NATO allies were working to “rapidly transition” former Soviet states to NATO equipment and said there are also opportunities to arm countries in the Asia Pacific.
As part of this effort, the US recently announced $2.2 billion in Foreign Military Financing (FMF) for Ukraine and other countries in the region. FMF is a State Department program that gives foreign governments money to purchase US arms.
About $1 billion of the FMF will go to Ukraine, while the remaining funds will be divided among Albania, Bosnia, Bulgaria, Croatia, the Czech Republic, Estonia, Georgia, Greece, Kosovo, Latvia, Lithuania, Moldova, Montenegro, North Macedonia, Poland, Romania, Slovakia, and Slovenia.
12 thoughts on “Sanctions on Russia Opens Markets for US Weapons Makers: White House Official”
“Biden administration’s policy of supporting Ukraine,,,has been a total boon for the US arms industry” — boon or BOOM? Did anyone in government see the amazing movie Lord of War? Anyone? I guess not.
Creepy movie, but good.
I own a copy of it, extremely well done. I’m not in government though but I like to think off myself as a cottage industry…
Create a war to create business. Let me off.
We might be able to catch a ride on that asteroid they hit….
The confession of MIC to preplan what has happened thus far all for money, money, money…!
President Eisenhower warned one and all. So it goes.
It’s like when the pharma reps gather around a sickly dying patient and offer all kinds of drugs to prolong his life, but not offer any cures.
Capitalism is alive and kicking… Cynical but accurate.
Joe just doing what is handlers tell him to do. The guy and this administration is well on its way to starting WW3. If there’s anything left after its over, they’ll be loads of opportunities for the Military Offense Industry.
Eastern Europe demonstrates why LBJ was so worried about the domino theory. I wonder which regime will be the next target.
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