'Militarized violence across the world in Ukraine, Yemen, Myanmar, Somalia, and beyond is overwhelming—and so is the immense profit that weapons manufacturers are making from this violence,' says CodePink's Shea Leibow.
hit a Yemeni marketplace and killed 97 civilians . This year’s shareholder meeting was completely online, with only audio broadcasted and no video shared, no chat function, and a question submission box that was disabled halfway through the meeting. This platform allowed General Dynamics to speed through the 24-minute meeting with no pushback, criticism, or engagement from the shareholder attendees - and this approach extended to the proposals section.
General Dynamics added that not only was this proposal unnecessary, it was harmful and would “undermine shareholder value” by attempting to “embed radical skepticism toward U.S. foreign policy.” In the shareholder meeting itself, CEO Novakovic stated that “we have supported the U.S. government’s foreign policy, and we will continue to do that—if that is at odds with anyone else’s view, that is something you should take up with your Representative.
General Dynamics is part of a proud defense contractor tradition of spending millions of dollars each year on lobbying to shape U.S. policy. And,, this strategy pays off. Weapons manufacturers have spent more than $2.6 billion on lobbying in the past two decades, and have been rewarded with “half of the $14 trillion allocated to the Department of Defense during that time.
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