Today, if there is one issue in the United States that draws equal support from both the Republicans and the Democrats, it is the fact that China presents the most serious threat to the US global supremacy. Related to this is the other point of agreement i.e., developing a global coalition against China. The Trump administration’s Secretary of State, Mike Pompeo, was on a mission throughout his tenure to build that coalition. The Biden administration, too, has devoted itself to the same task. Indeed, the level of deterioration we have seen in the US-China relations during the Biden era surpasses the trouble that the Trump administration caused. The same holds true about US geopolitics vis-à-vis Russia. The ongoing Russian military operation in Ukraine has allowed the US to cement its position vis-à-vis Europe.
One very useful way for the US to maintain its hegemony is through the sale of its weapons to its allies. Selling weapon systems is a multi-dimensional activity. On the one hand, the US makes billions of dollars by selling weapons. On the other hand, by selling its weapon systems to its allies, the US enhances these countries’ dependence on the US. All of this is achieved, first and foremost, by selling the China-Russia threat to the world. It is, therefore, not surprising to see that ever since the beginning of tensions between Russia and Ukraine – which began because of the US push to expand NATO to Eastern Europe to encircle Russia – the US military-industrial complex’s finances have jumped massively.
As reports in the US media have indicated, ever since the breakout of the Russia-Ukraine war, market shares of major US military companies have jumped massively, with Lockheed Martin’s registering a growth of 25% while Raytheon’s shares have gained 16.4% in the same period. For these companies, the US-created crisis is, thus, a major business opportunity. This was indeed confirmed in so many words by James Taiclet, the CEO of Lockheed Martin himself.
https://journal-neo.org/2022/04/27/how-selling-the-russia-china-threat-serves-the-us
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