MONITORING DESK
\nGENEVA
\nWashington has signed more than $1 billion in new missile contracts in the three months since it announced plans to withdraw from a key Cold War-era arms treaty, campaigners said Thursday.
\n\u201cThe withdrawal from the INF Treaty has fired the starting pistol on a new Cold War,\u201d warned Beatrice Fihn, who heads the Nobel Peace Prize-winning International Campaign to Abolish Nuclear Weapons (ICAN).
\nUS President Donald Trump announced last October that his country would leave the Intermediate-Range Nuclear Forces (INF) agreement concluded between the US and the former Soviet Union in 1987.
\nWashington, which accused Russia of violating the treaty through a new missile system, began the official process of withdrawing from the pact in February.
\nRussian President Vladimir Putin responded by saying Moscow would also leave the INF treaty, which is considered the cornerstone of global arms control.
\nIn the three months following the October announcement, the US government \u201cproceeded to arrange no less than $1 billion in new missile contracts,\u201d according to a report by ICAN and another anti-nuclear campaign group, PAX.
\nThe report detailed over $1.1 billion in new contracts with six mainly US companies.
\nUS defense contractor Raytheon saw the biggest windfall, tallying 44 new contracts worth some $537 million.
\nLockheed Martin meanwhile scooped up 36 new contracts, worth $268 million, while Boeing grabbed four new contracts totalling $245 million, the report found.
\n\u201cCongress should investigate the lobbying roles of Boeing, Lockheed Martin and Raytheon who took the lion\u2019s share of these contracts,\u201d Fihn said in a statement.
\nThe report authors acknowledged that it was unclear if all of the new contracts awarded between October 22, 2018 and January 21, 2019 were for new nuclear weapon production.
\n\u201cWhat is clear is that there is a new rush toward building more missiles that benefit a handful of US companies and intend to flood the market with missiles regardless of their range,\u201d they said.
\nAt a global level, the report found that governments are currently contracting at least $116 billion (102 billion euros) to private companies in France, India, Italy, the Netherlands, Britain and the US for the production, development and stockpiling of nuclear weapons.
\nAt the same time, it stressed that the private sector involvement in the arsenals of China, Israel, North Korea, Pakistan and Russia remain largely hidden, with little insight into how much is being contracted and which companies are getting the deals.
\nMany of the outstanding contracts identified in the report were granted around 2015 and are set to expire in 2020, but some of the contracts have far longer time frames.
\nFor example, one contract for a key component necessary to launch US Intercontinental Ballistic Missiles runs until at least 2075, the report showed.
\n\u201cPresident Trump is heralding the need for global denuclearization, but US deeds, and those of nuclear-armed allies do not match those words,\u201d said Susi Snyder, PAX nuclear disarmament program manager and the lead author of the report.
\n\u201cWe see the US and other states planning for a nuclear-armed century, with contracts to maintain weapons through at least 2075, despite growing domestic and global calls to reverse course,\u201d she lamented.<\/p>\n","protected":false},"excerpt":{"rendered":"
MONITORING DESK GENEVA Washington has signed more than $1 billion in new missile contracts in the three months since it announced plans to withdraw from a key Cold War-era arms treaty, campaigners said Thursday. \u201cThe withdrawal from the INF Treaty has fired the starting pistol on a new Cold War,\u201d warned Beatrice Fihn, who heads […]<\/p>\n","protected":false},"author":2,"featured_media":62334,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-62324","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"yoast_head":"\n