Posted on 06/20/2023 8:46:56 PM PDT by SeekAndFind
It turns out we are so wedded to the Chinese, that our own defense sector, while they may be able to “de-risk” – the “it” word of the moment – absolutely find it well-nigh impossible to “de-couple,” in the Gwyneth Paltrow sense.
So we are being told as of yesterday. It figures – the Raytheon CEO with the word would be in Paris not Poughkeepsie – but he felt duty bound to disabuse us of those quaint notions we had about bringing American interests, especially security-wise, home.
Handsomely, he left the door open for other defense contractors to walk through who agree with him.
Western manufacturers will be able to de-risk their operations in China but will find it impossible to cut ties completely with the country, according to the head of one of the US’s largest aerospace and defence companies.
Greg Hayes, chief executive of Raytheon, said the company had “several thousand suppliers in China and decoupling . . . is impossible”.
“We can de-risk but not decouple,” Hayes told the Financial Times in an interview, adding that he believed this to be the case “for everybody”.
Realistically, no one expected any of these companies to start packing boxes and pulling out of China overnight. But there is an expectation that they see the writing on the wall as far as U.S. national security and foreign policy goes, even if they haven’t already started the adjustment from corporate necessity on their own.
I can’t decide if he’s laying out a marker for future negotiations or telling Congress to buzz off. It’s sure caused some hackles to rise in the mil blogger community.
If it is “impossible” for Raytheon, then a serious nation would tell Raytheon that they can no longer do business with DOD. Full stop. https://t.co/tbDDcg1xq2
— cdrsalamander (@cdrsalamander) June 20, 2023
Raytheon’s also in the middle of a rebranding effort – their commercial side of the business is now going to be known as RTX (whatever) – so they believe it will eventually be easier for them to point to defense pipeline Raytheon products and say, “Look! No Chinese hands!”
Really doesn’t erase the bad taste in people’s mouths, though.
But it’s all about the buckarooskis. As always.
…“Think about the $500bn of trade that goes from China to the US every year. More than 95 per cent of rare earth materials or metals come from, or are processed in, China. There is no alternative,” said Hayes.
“If we had to pull out of China, it would take us many many years to re-establish that capability either domestically or in other friendly countries.”
Call a waahmbulance, dude.
So amazingly stunningly stupid. They didn’t get suppliers in China by accident or overnight. The way they went over there is the same way they’re gonna get out of there. Start now. Stop making excuses @RaytheonTech @committeeonccp @LockheedMartin @northropgrumman @BoeingDefense https://t.co/42DulQYJtg
— Zach Mottl (@ZachMottl) June 20, 2023
Exactly. Get on the stick. Yes, China has us by the short hairs, and we’ve got a Chinese paid puppet in the White House, but that doesn’t mean American companies can’t – and aren’t already – looking to reallocate resources and manufacturing capacity to friendlier environments.
If we’d quit telling the Africans to use solar panels for lights they don’t have and withhold fertilizer for fields they can’t plow because we won’t allow them fuel for tractors, maybe they’d be more inclined to work with us for minerals instead of the Chinese. It’s a thought.
Tell Janet Yellen to stay out of their huts, and send a Kansas or Indiana farmer instead with the tools to set them up right and quit holding them hostage to renewables and Green schemes for aid.
We need to get our own house in order, too, if we ever hope to see manufacturing coming back.
Raytheon has a decision to make.
"We also protect democracy around the world and 44 different countries rely on Raytheon defense technology to defend their borders." – Raytheon CEO
Holy shit, I wish they could defend ours.
— Mike Shelby | Gray Zone Research (@grayzonersearch) June 19, 2023
Exactly.
Idiots.
How much profit do they expect to make when China closes their borders and confiscates all the assets?
“The Capitalists will sell us the rope with which we will hang them.”
― Vladimir Ilich Lenin
Therein is the problem, relying on your adversaries to supply the needed components for your weapons to defend yourself against them.
When the neighbor dog is in the yard rutting your poodle, you spray it with cold water.
Anyone tried that on Raytheon?
Now, it's sitting on a sack of something else.
Invaders might want to remember that.
Bkmrk
This is what the deep-state surrendering to China looks like
The war against American citizens will ramp up
I raised this very issue 20 years ago in an AOL forum and people acted like my concern was a nothing burger.
If a certain political party hadn’t locked up our mineral resources, our energy resources, our labor resources, our land resources, our educational resources, we wouldn’t need China for anything.
Just a part of the obamian death to America mandate. Domestically we have the deep state controlling America and it has its outreach being the state department. The president is subordinate to the deep state. That’s why Biden is irrelevant.
The deep state was weaponized against America and installed to quietly meet the death to America agenda and run independently from the three accepted levels of government. It’s a total work around with a objective contrary to America.
Obama had his bulletless coup, America wasn’t even aware and now we are just starting to feel and see the Obama tyranny. Obama still has more influence that the president of America.
Funny, I’ve probably done 50 posts pointing out the same, how dependent even our DEFENSE INDUSTRY is on China.
It was all just logical guessing, considering how Globalized we now are...and I guess I was spot-on here.
The root of the problem is the regulation that makes it unaffordable to produce here.
These corporations have gotten out of hand and are not turning on the very people who made them
Problem is that the Greenies control what cannot be made and mined in the US.
gee, who could’ve seen this coming...
thx to the clintons for offshoring our manufacturing base via walmart since 1994.
gg democrats. hollowing out America one step at a time.
Ya might say the chinks bought our politicians and got our manufacturing base free, like a twofer...
The argument has always been made that China likes our money so much that they would never start any military conflict for fear of losing access to it. That could end up being one of history’s worst miscalculations.
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