- Peace Garden: Follow the money...

Follow the money...

Sunday, December 07, 2008

Want to know why the wars will never end? Follow the trail of dollar bills.

One thriving sector: The business of war

Across the nation, companies are lopping off hundreds of thousands of jobs, retailers are shuttering stores, and automakers are tottering on the edge of bankruptcy.
But here in the Merrimack River Valley, and over the state line at several industrial sites around Massachusetts, defense contractor BAE Systems is hoisting "Help Wanted" signs.
BAE develops technology in fields like electronic warfare and cybersecurity, sophisticated systems that are key to combating a new wave of threats around the globe. At a time when 1.7 million jobs have been lost in the United States this year, the company is hiring 200 engineers and manufacturing workers in Nashua, Hudson, and Merrimack, N.H., and Burlington, Lexington, and Marlborough, Mass.
Other defense electronics contractors, such as Waltham's Raytheon Co. and General Dynamics Corp.'s communications systems center in Taunton, also continue to ramp up. Such companies remain awash in orders from the Pentagon and American allies increasingly worried about terrorism and missile proliferation.

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