Here’s why Raytheon could be the biggest beneficiary of the Saudi oil attack
- US defense contractor Raytheon could benefit the most in the industry from the Saudi oil attack, according to Sheila Kahyoaglu of Jefferies.
- Saudi Arabia — which accounts for 5% of Raytheon's total sales — has the largest defense budget in the Middle East, where spending correlates with oil.
- Per year, the country spends $52 billion on defense, making it the fifth-largest market in the world.
- Raytheon has also had the most foreign military sales to the Middle East this year, and brought in $37 billion from the region in the last six.
- The nature of the attack "also points to the importance of short range protection, which supports ongoing tailwinds for international military spending," Kahyoaglu wrote.
- Lockheed Martin, Boeing, Northrup Grumman, L3Harris Technologies, General Dynamics, and Textron have all sell to foreign militaries in the Middle East.
The Trump administration has no idea what it wants to do about Iran
- In the course of about a week, the administration has shifted from opening the door for diplomacy with Iran to alluding to possible military strikes against it.
- But after an attack on two major oil installations in Saudi Arabia on Saturday, however, the prospect of peace between the US and Iran once again appeared to be a distant reality.
- What happens next is unclear, but the the president has seemingly paved the way for the US to conduct military strikes against Iran.
- After two oil tankers were attacked in the Gulf of Oman in mid-June, the Trump administration blamed Iran and the incidents seemed to increase the chance of a military clash as the US sent troops to the region in the days that followed.
- But Trump eventually dismissed the incidents as "very minor," pumping the brakes on a potential military response.
Saudi Arabia says Iranian weapons were used in attacks on oil plants and that the attacks did not originate in Yemen
- Saudi Arabia on Monday said Iranian weapons were used in devastating strikes on two of its major oil facilities, Reuters reported, which came after US officials blamed Iran for the attack and President Donald Trump alluded to possible military strikes as a response.
- Iran-backed Houthi rebels in Yemen claimed responsibility for the attack, which took place on Saturday, but that assertion has been called into question.
- The Houthi rebels said the attack was conducted via 10 drones that targeted the oil plants.
- Colonel Turki al-Malki, a spokesman for the Saudi-led coalition in Yemen that's battling the Houthis, said preliminary results of an investigation into the attack shows it did not originate in Yemen.
- Iran is rejecting allegations it's behind the attack on the Saudi oil facilities, accusing Pompeo of turning to "max deceit" over his allegations.
Donald Trump's 'locked and loaded' threat doesn't, uh, mean what you think it means?
- See, what the President meant by saying "locked and loaded" actually had nothing at all to do with a threat of military strike!
- The sheer gall of Short to claim that "locked and loaded" has nothing to do with a military threat is only possible in an administration and with a President who has deeply denigrated the idea of facts and truth.
- Let's say Russian President Vladimir Putin was quoted saying that Russia was "locked and loaded" to respond if the US continued to push the idea that they sought to meddle in the 2016 election.
- (They did -- obviously.) Would you assume that by "locked and loaded" what Putin was doing was using a "broad term" that didn't connote the possibility of a military strike?
- We all knew the second Trump tweeted the term "locked and loaded" what he meant.
7 ways that 9/11 created a dystopian security landscape that Americans are still living in
- The American public was angry and frightened after the September 11 terror attacks that killed 3,000 people, a seismic event which fueled calls for immediate government action to hunt down the group responsible.
- Bush administration drastically expanded its surveillance powers to combat terrorism and ramped up efforts to secure its borders — creating new government agencies, federalizing airport security, and combing tens of millions of phone calls.
- The availability of federal grant money made it easier for police departments to buy the heavy gear, and equipment in the surplus program like machine guns, armored trucks, and aircraft could be acquired for free — all with few restrictions on their use.
- A federal judge recently ruled the watchlist violated the constitutional rights of American citizens who were included, The New York Times reported.
Trump's warning to Iran raises fears of war -- and confusion
- Washington (CNN) - President Donald Trump's amped up rhetoric that the US is "locked and loaded" sparked new fears of war with Iran but also confusion about his true intentions following an attack on a Saudi oil field that rocked global oil markets.
- If he was intending to rattle Iran but not signal military action, Trump's brinkmanship will spark fresh fears that his hyper personal approach could inadvertently drag the US into a conflict that could quickly escalate with unpredictable, damaging consequences in the Middle East and beyond.
- If Iran or an Iranian proxy does turn out to be behind an attack that sent global oil prices soaring, there will be questions about the Islamic Republic's motivation and how it is calculating its response to Trump's policies.
Meet the camels, Beluga spy whales, and other animals who serve in militaries around the world
- From the horses of Chinggis Khan's army, to Hannibal's famed elephants, to World War I carrier pigeons, animals have played a crucial role in military operations for centuries.
- But despite the technological achievements since Hannibal marched his elephants over the Alps in 218 BCE, militaries still use animals, whether for parades, transport, or weapons detection.
- The whale was initially found by Norwegian fisherman with a harness strapped to it that read Equipment St. Petersburg, The Washington Post reported at the time.
- The camels could carry 180-220kg loads, much more than horses or mules, and could travel faster too, according to the Times of India.
- As of 2019, the Indian armed forces were using horses and mules to transport supplies in difficult terrain, although plans to replace the four-legged forces with ATVs and drones came up in a 2017 Army Design Bureau report, according to the Hindustan Times.
Storm Area 51: The joke that became a ‘possible humanitarian disaster’
- In these isolated towns, from 19 September, tens of thousands of people are expected to gather for two festivals, Alienstock and Storm Area 51 Basecamp.
- Alienstock, hosted by the Little A'Le'Inn hotel in Rachel, and Storm Area 51 Basecamp, held at the Alien Research Center in Hiko, have both been granted permits by Lincoln County.
- As Mr Roberts' Facebook event demonstrated, Area 51 remains a magnet for alien conspiracy claims.
- He told KTNV Las Vegas the event "needs to go away before it becomes the biggest disaster that southern Nevada has ever seen".
- Organisers of the second event, a two-day gathering of "believers", UFO experts and musicians at the Alien Research Center in Hiko, seem more sanguine.
- Keith Wright, an organiser for Storm Area 51 Basecamp, told the BBC they have capacity for around 5,000 people.
Boko Haram is back, and with better drones than the Nigerian military
- The military announced in August that it is pulling back its troops from far-flung outposts in the countryside and gathering them into fortified settlements it calls “super camps.” The super camps are inside of garrison towns where the Nigerian military in recent years settled tens of thousands of civilians — either after Boko Haram chased them away, or soldiers burned their villages and rounded them up, saying it would secure the countryside.
- Major Ak Karma, sitting behind his desk nearby at the Bama super camp headquarters, said that a Boko Haram attack there had been thwarted days earlier, but downplayed the threat.
- The official said that Boko Haram fighters are raiding the gear the soldiers are leaving behind as they abandon their posts for the super camps.
How the U.S. military churns out more greenhouse gas than entire countries
- According to the Costs of War, an ongoing project from the Watson Institute for International and Public Affairs at Brown University, since the global war on terror began in 2001, the U.S. military has produced 1.2 billion metric tons of greenhouse-gas emissions, or as much as 257 million passenger cars annually, roughly as many registered vehicles as there are in the entire U.S. That's a higher annual output than whole countries like Morocco, Sweden, and Switzerland.
- Hartung and Mandy Smithberger calculate that between the basic defense-spending budget, defense-related activity spending, the budgets for Veteran Affairs and Homeland Security, the contracts paid to private contractors, and the maintenance of America's nuclear arsenal (which is under the Department of Energy and is not counted in the Pentagon's budget), U.S. military spending is actually closer to $1 trillion a year.