Markets Love a War

Heckler & Koch MP7 rifles, image from wikipedia

Naval Special Warfare DEVelopment GRoUp is the official Pentagon acronym for the group more popularly known as “SEAL Team 6,” and is subordinated to the Joint Special Operations Command (JSOC and  the U.S. Special Forces Command — SOCOM). Drawn from the very best operators within the Navy’s already-superb SEAL (Sea, Air, Land) teams, DEVGRU spearheaded the fight against the Taliban’s top leadership in Afghanistan, and in 2011 launched a daring nighttime raid into Afghanistan to kill Osama bin Laden….

DEVGRU operators are outfitted with “customized” weaponry, specially tailored to their missions. German-made Heckler & Koch MP7 rifles equipped with suppressors, infrared lasers, and thermal optics are just the start of their arsenal. “The SEALs were equipped with a new generation of grenade — a thermobaric model that is particularly effective in making buildings collapse,” reports the NY Times….

Detailed information on funding for DEVGRU is not easy to come by. Media reports suggest that total “special forces” in the U.S. military may now number 72,000, with an overall budget in excess of $10 billion, but a search for contracts awarded via the U.S. Department of Defense specifically benefiting DEVGRU yields a null result. Likewise searches for SEAL Team 6.  Contracts more broadly defined as benefiting SOCOM, however, appear with some regularity in the Pentagon’s daily briefing on contract awards.
•On Feb. 6, 2008, drone specialist AeroVironment received an order for $46 million worth of SOCOM-variant Raven unmanned aerial vehicles.
•Feb. 4, 2011: General Dynamics won a $84 million contract to support “data, voice, and video communications networks” run out of SOCOM headquarters.
•On Feb. 10, 2014, privately held Oregon Iron Works won a $400 million contract to develop Combatant Craft Medium Mark One (CCM Mk1) stealth fast-attack boats for use by SOCOM.
•And to illustrate just how large these contracts can get — on June 21, 2010, Lockheed Martin was awarded a contract worth up to $5 billion “for contractor logistics support services in support of US SOCOM worldwide.”And four years after bin Laden exited the world stage, the special forces contracts just keep coming.

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