The top 10 American corporations profiting from Egypt's military
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The top 10 American corporations profiting from Egypt's military

The irony is thick: Obama calls on Egypt's interim government to stop its bloody crackdown on protesters, but continues to give it $1.3 billion a year in military aid.

For decades, Egypt has been one of the largest recipients of U.S. foreign military aid, receiving everything from F-16s to teargas grenades, including missiles manufactured by Raytheon.

So who are the companies reaping the benefits?

The list below were the 10 biggest U.S. defense contracts involving direct military aid to Egypt from 2009 to 2011, according to The Institute for Southern Studies.

1. Lockheed Martin

Amount: $259 million

In 2010, Lockheed Martin provided Egypt with 20 F-16s as well as night vision sensor systems for Apache helicopters. Lockheed Martin is the biggest beneficiary of U.S.government defense contracts — receiving a record $36 billion in 2008.

Globally, Lockheed Martin is one of the largest defense contractors. Seventy-four percent of its revenues come from military sales.

2. DRS Technologies

Amount: $65.7 million

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The U.S.Army contracted this US-operated, Italian-owned military services company to provide vehicles, surveillance hardware and other resources to Egypt in December 2010.

3. L-3 Communication Ocean Systems

Amount: $31.3 million

L3 Communications provided the Egyptian government with a $24.7 million sonar system and military imaging equipment.

4. Deloitte Consulting

Amount: $28.1 million

Deloitte, the world's second largest professional services firm, won a $28.1 million Navy contract to provide planning and support for Egyptian aircraft programs.

5. Boeing

Amount: $22.8 million

While most people know Boeing for it's commercial aircraft, it is also the second largest defense contractor in the world.

Boeing won a $22.5 million Army contract in 2010 to provide Egypt with 10 Apache helicopters. The Aerospace also received a contract to provide logistics support to Egypt.

6. Raytheon

Amount: $31.6 million

The world's largest guided missiles manufacturer provided Egypt and Turkey 178 Stinger missiles, missile launch systems and 264 months of technical support for the Hawk missile system.

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7. AgustaWestland

Amount: $17.3 million

AgustaWestland — also owned by the same Italian company that operates DRS Technologies — secured a contract to provide helicopter maintenance for the Egyptian government.

8. U.S. Motor Works

Amount: $14.5 million

U.S.Motor Works landed a $14.5 million contract in 2009 to provide engines and spare parts for the Egyptian Armament Authority.

9. Goodrich Corp.

Amount: $10.8 million

The U.S.Air Force and Goodrich brokered a $10.8 million contract to obtain and distribute reconnaissance systems for the F-16 jets the Egyptian Air Force uses.

10. Columbia Group

Amount: $10.6 million

Columbia Group provides $10.6 million-worth of unmanned vehicle systems, along with technical training, to the Egyptian Navy.

This article originally appeared on GlobalPost.

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Aug 16, 2013, 5:02 pm
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Defense contracts have ALWAYS been good for local economies.

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U.S. Army

A Stinger missile fired during training.