Whatever you think of the war in Ukraine, is it too much to ask that the defense contractors that are cashing in do not carry on with business as usual with Ukraine's invader, Russia?
Whatever you think of the war in Ukraine, is it too much to ask that the defense contractors that are cashing in do not carry on with business as usual with Ukraine’s invader, Russia?
This violates sanctions established by the U.S. and its partners to punish Russia for bringing on this war. Airbus, which gets about half its titanium from Russia, argues that the sanctions do not matter, that they don’t dissuade Russia from attacking Ukraine and that it’s better to hold down costs by turning to cash-strapped Russia to supply the lightweight metal critical to aircraft manufacturing.
Airbus also declared last November that it was “decoupling from Russia when it comes to titanium” and would do so “in a matter of months, not years.” Russia sells little in the way of intellectual property. It designs almost nothing. Its web presence is a shadow of those of countries half its size and population. Its manufacturing base is unstable and not known for quality.
But it is available outside Russia, and it is not unreasonable to expect companies trying to do business with the United States in the defense sector to not do things that compromise American foreign policy goals.
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