What a lovely war!—for some
The “rights” and “wrongs” of the war in Vietnam are discussed ad nauseum, and the story varies according to who is telling it. One thing which everyone knows is that each day people are killed, wounded, made homeless and their lands and means of livelihood devastated.
Although everyone knows that weapons are needed to conduct a war, not much thought is generally given by the Man In The Street to the enormously increased profits being raked in by arms manu¬facturers.
In the Financial Times of 12th May appeared an article “The Defence Industry’s Shot in the Arm”. At the end of last year, it appears, much concern was caused among arms manufacturers in the U.S. by the announcement of an Industrial Research and Management Consult¬ancy firm that the aerospace industry must expect a drop of 30 per cent over the five years up to 1969, due to the cutting back of the missile programme.
However the capitalists of this industry can, it appears, once more sleep easily, secure in the knowledge that orders for military helicopters have been doubled by the Defence Department. The Bell Company has already received a contract worth $50 million for the production of these helicopters and the Avco Corporation are to get an order worth $45 million.
In addition there is the happy expectation in other parts of the Defence Industry of the need for another 200 Douglas Skyraiders; and orders for replacement parts for these aircraft and for Thunderchief bombers are likely to be heavy. Lockheed Transport expect a large increase in orders for their military transport planes and several new war planes are under test with a view to their use in Vietnam.
The intention to add 340,000 men to the armed forces in Vietnam spells fat contracts for clothes, vehicles and ammunition, and contracts worth millions of dollars have recently been awarded to various weapons and ammunition manufacturers.
No doubt all these manufacturers look forward with happy confidence to the next few years. Compared with such profits and prospects the loss of a few thousand lives—Vietnamese and American, while regrettable, must surely—in their view—be borne with equanimity.
E.G.