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CalSTRS noted that, similar to its 2009 decision to sell its holdings in tobacco companies, divestment in the assault weapon industry was in line with its duty and policy to divest from manufacturers of products that endanger public health.
So, unless Western weapon makers agree to transfer their technology to Saudi Arabia and also supply the expertise and manpower there so that the Saudi government can set up a domestic weapon industry, I doubt that it can actually implement the plan.
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"The weapons industry and the drug industry were very lucrative.
"He was a scientist in the weapons industry".
The civil war had armed the country and developed a weapons industry.
The United States would also help Russia's weapons industry find customers.
Yet opposition to the deal has been nearly as fierce inside Russia -- by supporters of the weapons industry.
If they are suspended, FN Herstal loses one of its bigger customers, and the whole Belgian weapons industry is endangered.
"There some people spread leaflets saying Iran must stop buying weapons from the United States, in order not to support their weapons industry," he wrote.
Mr. Turner approached Mr. Nunn last year, prompted by his own worries about the slow decay of Russia's weapons industry.
Saudi Arabia is Britain's largest Middle Eastern trading partner and an avid supporter of the British aerospace and weapons industry.
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