The resolution would also ban all trade with the country in military goods and services.
Orders for defense aircraft and other military goods also dropped.
Nobody should be trading defense stocks based on such dire scenarios, because there are too many uncertainties concerning how the deficit reduction pact will be implemented to develop a firm conviction about where demand for military goods is headed.
FORBES: How The Budget Agreement Will Hit Defense Contractors
Thus, the received wisdom among industry insiders in recent years roughly since Robert Gates took over as defense secretary in 2006 has been that companies should expect a gradual softening in domestic demand for military goods, which can be covered in part through increased overseas sales.
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They were engaged in a lucrative border trade in gems, logs and products such as shrimp, in the process swelling the bank accounts of local commanders whose compliance was required for the free flow of military hardware and commercial goods.
The restraints on U.S. exports to Libya under the terrorism list prohibit the sale of dual-use goods -- items that could be used for military purposes, such as ammunition and some goods related to civil aviation.
The restraints on U.S. exports to Libya under the State Department's terrorism list prohibit the sale of so-called dual-use goods -- items that could be used for military purposes -- such as ammunition and some goods related to civil aviation.
The U.N. is to discuss this week extending the oil-for-food programme but could instead adopt a U.S. backed British plan for 'smart' sanctions. which would intend to target military sales while allowing more goods to be legally sold to Iraq.
Senior State Department officials said the administration was still hoping to coax the Russians into signing off on a "smart sanctions" package for Iraq that would end the embargo on humanitarian goods while strengthening military and financial controls on President Saddam Hussein's regime.
If the Soviet central authorities have not gone much beyond paying lip service to the idea of cutting back military production to increase the supply of manufactured goods for civilian purposes, they have shown a keen interest in reducing the costs of that military production.
CENTERFORSECURITYPOLICY: Help With Soviet Conversion Is Risky
Given the thorough integration of the civilian and military industrial bases virtually all defense plants produce some consumer goods and vice versa can elements of the military industrial complex be upgraded for civilian purposes without benefits flowing to the Soviet military as well?
CENTERFORSECURITYPOLICY: Help With Soviet Conversion Is Risky
Given the thorough integration of the civilian and military industrial bases -- virtually all defense plants produce some consumer goods and vice versa -- can elements of the military industrial complex be upgraded for civilian purposes without benefits flowing to the Soviet military as well?
CENTERFORSECURITYPOLICY: Help With Soviet Conversion Is Risky
Matters are made still worse by another consideration: Foreign purveyors of sensitive dual-use technology (that is, equipment and know-how relevant to both military and civil applications) are, as a general rule, willing to sell their goods not only to the United States but to the military-industrial complexes of her enemies, as well.
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Its aim is to force the Pentagon to get tough with military contractors that fail to deliver the goods.
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Letting individual plants produce consumer items changes nothing if the military simply adds a production line for civilian goods.
There are reports that military factories have been ordered to produce civilian goods but only in addition to meeting their planned production for the armed forces.
There are reports that military factories have been ordered to produce civilian goods -- but only in addition to meeting their planned production for the armed forces.
The latest batch of durable goods data revealed that orders for military aircraft dropped 63.8% in January, as the government tightened its defence spending, while orders for non-defence aircraft fell 34%.
Palestinians have decried Israeli military actions depriving the territory of much-needed goods and aid.
Among the 50 states, Ohio ranks number-two as a supplier to military powerhouse Boeing, providing billions of dollars in goods and services every year.
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The market, which specializes in goods scavenged from the U.S. military, is dubbed the Bush Bazaar.
Stocks of other gun companies fell, and one sporting-goods chain said it would temporarily stop sales of military-style firearms.
One shopkeeper says most of the goods he sells are leftover rations dumped by American military units when they leave the country.
The Bush Administration is proposing to COCOM that we decontrol entirely 30 of the 120 categories of goods and technology which we currently safeguard because of the military utility of those items to the Soviet Union.
CENTERFORSECURITYPOLICY: Summit Watch: Tough Questions For President Bush
Soviet Advisors in Iraq Business as Usual: The Soviet government has acknowledged that many Soviet advisors in Iraq evidently are continuing to perform vital functions for the Iraqi military notwithstanding the U.N. embargo on supplying goods and services to Baghdad.
It also continued to bomb tunnels used to smuggle goods and weapons into the blockaded territory from Egypt, the military said.
The UN Security Council unanimously passed the sanctions resolution on Tuesday, which frees up the delivery of civilian goods to Iraq but restricts imports which could be used for military purposes.
The murder mystery itself is not particularly artfully assembled -- a series of scrambled video clues are spun out over several days because the technician is "busy, " while jurisdictional squabbling between the cops (Charlize Theron) and military police serves a similar holding purpose -- but Haggis has the real goods in Tommy Lee Jones.
According to one of the affected contractors, these restrictions have delayed multiple deliveries of cargo destined for U.S. troops, including goods necessary for the construction of new camps to meet the needs of the shifting military operations.
South Korean and American officials say they believe the slush fund is worth billions, and that Mr. Kim uses it to help finance his nuclear weapons programs and to smuggle Rolex watches and other luxury goods, which he doles out to buy the allegiance of the party and the military elite.
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