Saturday, May 4, 2024
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Not in our Name! Minnesota Board of Investments should divest from border militarization company Elbit Systems

Not in our Name! Minnesota Board of Investments should divest from border militarization company Elbit Systems

Currently Minnesota’s State Board of Investments (SBI) holds 10,951 shares in Elbit Systems worth $1,256.650.00

  •  Elbit Systems is Israel’s largest weapons manufacturer. They are currently under contract with the U.S. Department of Homeland Security to build a 53-tower “Integrated Fixed Towers” security project. Most have already been built.
  • Elbit is the 27th largest arms-producing company in the world. Weapon sales are 95% of its business.
  • Elbit’s weaponized drones have been involved in all of Israel’s major offenses on Gaza.
  • Continuing to invest in Elbit Systems results in a system that prioritizes militarization of the US-Mexico border and the resulting death of migrants trying to cross the border.
  • Continuing to invest in Elbit Systems results in a system that prioritizes militarization of the US-Mexico border and the resulting death of migrants trying to cross the border.
  • Border militarization includes armed border patrol agents, drones, surveillance towers, thousands of miles of fences and walls with fewer and fewer authorized checkpoints.
  • Border militarization causes hardship and death to families who are fleeing violence and famine in their home countries.
  • The costs of border militarization have skyrocketed in recent years. Companies around the world which form the massive military-industrial complex profit. Elbit is one such company. A fictional crisis created by racist fear mongering is being used to give taxpayer money to corporate interests. Over the past 15 years they’ve spent over $4 million dollars on lobbying.

WHAT CAN YOU DO? Sign the petition demanding the MN State Board of Investments DIVEST from Elbit Systems. Contact the members of the MN State Board of Investments to request that they support divestment decision at their August 22nd meeting:

  • Governor Tim Walz, Chair—651-201-3400
  • State Auditor Julie Blaha—(651) 296-2551
  • Attorney General Keith Ellison—(651) 296-3353
  • Secretary of State Steve Simon—secretary.state@state.mn.us
  • Attend the Thursday, August 22nd meeting of the Board, at 10:00 a.m. in G23 Senate Committee Room, State Capitol, 75 Rev. Dr. Martin Luther King Jr. Blvd.St. Paul, MN 55155 N