Here are the top 10 American corporations profiting from Egypt’s military

August 17, 2013 6:55 pm 0 comments Views: 2006

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 US foreign military aid, receiving everything from F-16s to teargas grenades.

So who are the companies reaping the benefits?

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

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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 US 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


Jonathan McIntosh/Flickr Creative Commons.


The US 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


Courtesy: L3 Communications

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



4. Deloitte Consulting

Amount: $28.1 million


Tim Boyle/Getty Images/span>

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


An Egyptian army Apache helicopter flies over a crowd of pro-military demonstrators in Tahrir Square in Cairo on July 26, 2013. (Ed Giles/AFP/Getty Images)

While most people know Boeing for it’s commercial flights, 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


In 2010, Raytheon gave the Egyptian military 264 moths of Hawk missile systems training. (Sam Yeh/AFP/Getty Images)


The world’s largest guided missiles provider gave Egypt and Turkey 178 STINGER missiles, missile launch systems and 264 months of technical support for the Hawk missile system.



7. AgustaWestland

Amount: $17.3 million


An Apache helicopter flies over a crowd of protesters in Cairo on July 26, 2013. (Ed Giles/Getty Image)

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



8. US Motor Works

Amount: $14.5 million


An Armored Personnel Carrier stationed on a street in Cairo on July 4, 2013. (Mohamed El-Shahed/AFP/Getty Images)

US 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


(Koen Verheijden/AFP/Getty Images)


The US 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

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