Subscribe free to our newsletters via your
. Space Industry and Business News .




MILPLEX
Leading defence firms 'not transparent enough': study
by Staff Writers
London (AFP) Oct 04, 2012


A large majority of the world's biggest defence companies do not provide enough evidence that they adequately prevent corruption, campaigners Transparency International UK said in a study on Thursday.

The pressure group analysed the top 129 global defence firms and has published its Defence Companies Anti-Corruption Index, which grades from A-F how effectively companies combat corruption.

Almost two thirds, or 85 companies out of 129, were judged to have inadequate information available on their anti-corruption policies, and scored the bottom grades of D, E or F.

"Two-thirds of the world's biggest defence companies do not provide enough public evidence about how they fight corruption," Transparency International UK said in a statement.

"This includes companies from all of the ten largest arms exporting nations like USA, Russia, Germany, France, the UK and China -- who between them are responsible for over 90 per cent of the arms sales around the world."

Those registering the bottom F grade included Abu Dhabi Shipbuilding, Aviation Industry Corporation of China, French arms manufacturer Nexter, Israel Military Industries and Kawasaki Heavy Industries.

French aerospace group Dassault Aviation, Japan's Mitsubishi Electric Corporation, and US naval defence group DCNS were among companies which scored an E grade.

Nearly half of companies, or 60 firms out of 129, scored the worst grades E and F, meaning that they had very little or no evidence of having basic systems in place to prevent corruption and instil strong ethical values.

"Corruption in defence is dangerous, divisive and wasteful. The cost is paid by everyone," said Mark Pyman, author of the study and director of Transparency International UK's defence and security programme.

"Governments and taxpayers do not get value for their money and clean companies lose business to corrupt companies. Money wasted on defence corruption could be better spent."

The campaign group estimated that the global cost of corruption in the defence sector was a "minimum" of $20 billion (15 billion euros) per year, and cited data from the World Bank and the Stockholm International Peace Research Institute.

Transparency added that just ten companies scored in the top two bands -- A and B -- meaning that they have publicly demonstrated in considerable detail the systems and procedures that they have in place to prevent corruption.

Those ten companies included Britain's BAE Systems, France's Thales, Japan's Fujitsu and US groups Northrop Grumman and United Technologies.

.


Related Links
The Military Industrial Complex at SpaceWar.com
Learn about the Superpowers of the 21st Century at SpaceWar.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








MILPLEX
Lawmakers looking at BAE-EADS merger plan
London (UPI) Oct 3, 2012
The proposed merger of aerospace and defense conglomerates BAE Systems PLC of Britain and the Netherlands' EADS NV is coming under government scrutiny. The Defense Committee of Britain's House of Commons is to begin an inquiry into the proposed joining of the companies and the possible effect such a move would have on the country's defense industry and national defense relationships wit ... read more


MILPLEX
Latin lithium output mired in controversy

ISS to Dodge Astro-Junk

GSAT-10 is a success but ISRO needs to advance its Launch Capabilities

Raytheon and PACAF expand the reach of realistic training environments

MILPLEX
Raytheon to provide Joint Tactical Terminal radios with latest security features to US Navy

Northrop Grumman Awarded Contract to Extend BACN Communications Connectivity to the Tactical Edge

Hughes Awarded Custom SATCOM Solutions Contract by GSA

4 SOPS begins testing newest AEHF satellite

MILPLEX
Orbital Begins Antares Rocket Operations at Mid-Atlantic Regional Spaceport

H-IIB Launch Service Privatization

Ariane rocket launches two telecom satellites

Ariane 5 maintains Arianespace's track record of success with the launch of ASTRA 2F and GSAT-10

MILPLEX
Northrop Grumman to Improve Performance of MEMS Inertial Sensors for DARPA

Lockheed Martin Delivers Propulsion Core for the First GPS III Satellite

China launches another 2 navigation system satellites

Improved positioning indoors

MILPLEX
GE calls for jet engine checks after China incident

Lockheed Martin Awarded Upgrade Contract For 145 F-16S Of The Republic Of China Air Force

US Coast Guard To Acquire Three Additional Lockheed Martin HC-130J Surveillance Aircraft

BAE gets Phase II Bradley upgrade award

MILPLEX
New method monitors semiconductor etching as it happens - with light

New method monitors semiconductor etching as it happens - with light

Oscillating microscopic beads could be key to biolab on a chip

Japan Inc. comes together to save Renesas: report

MILPLEX
Digital Map Products to Discuss the New Rules for Communicating with Residents

Apple CEO sorry for maps shortcomings

Landslide mapping in the Swiss Alps

China may toughen laws on 'illegal' mapping: state media

MILPLEX
Council of war gathers for world's biodiversity crisis

Mobiles phones getting less toxic: researcher

Remarkable enzyme points the way to reducing nitric acid use in industry

Solving the stink from sewers




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement