Main content

Who Profits from Nuclear Weapons?

Why a major US nuclear defence upgrade could be lucrative for a handful of contractors.

US President Donald Trump has pledged a major upgrade to the country's nuclear deterrent, but are a handful of private defence contractors driving the multi-billion dollar modernisation programme?

Jonathan King, a veteran campaigner against nuclear proliferation and professor at MIT, argues guaranteed profit margins and secrecy make the industry very attractive to such companies.

But Hawk Carlisle, chief executive of the US National Defense Industrial Association, tells Ed Butler the private sector is the only area capable of building such weapons and that there is adequate competition and government scrutiny.

Plus, how complicated is it to make a bomb these days? Robert Kelley, a former weapons inspector in Iraq, says technology is advancing so fast that it's getting easier and easier.

(Picture: Ballistic missiles being launched in North Korea. Credit: AFP photo/KCNA via KNS, Getty Images)

Available now

18 minutes

Last on

Mon 12 Feb 2018 08:32GMT



How the 2008 crash shaped our world

How the 2008 crash shaped our world

Stories from people involved in the crash and how its effects are still felt today

Business Daily Podcast

Business Daily Podcast

Download every programme.