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You are here News International Eject Elbit Is Pushing Capital One to Drop $90M Loan to Israel's Largest Weapons Manufacturer

Eject Elbit Is Pushing Capital One to Drop $90M Loan to Israel's Largest Weapons Manufacturer

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Capital One Bank provides Israeli weaponsLast Tuesday, during the morning rush hour, 15 individuals from a group called Eject Elbit staked positions in the four-lane access road to the headquarters of banking giant Capital One Financial Corporation in McLean, Virginia. They mounted ladders in the road and climbed atop them, unfurling a banner from their perches that read “CAPITAL ONE FUNDS GENOCIDE.” They stretched across the road a second banner, fifty feet wide, that said “DIVEST FROM DEATH.” Another protestor, a disabled woman, blockaded the road while locked to her wheelchair.

Max, a former employee of the company who only used his first name for security reasons, said they flooded the streets to “shake people awake,” regarding Capital One’s $90 million loan to Israeli arms manufacturer Elbit Systems, the largest supplier of the Israeli Defense forces. Elbit produces everything from precision-guided rockets and bombs to state-of-the-art artillery ammunition, guidance systems for aircraft and helicopters, and killer drones that have been deployed in the genocide of Gaza.

Eject Elbit launched its new campaign against Capital One earlier this month across northern Virginia, Boston, Philadelphia, DC, Seattle, and New York City. A thirty-year-old queer activist named Cassian, who was posted atop one of the ladders that blockaded the McLean site last week, helped launch the Eject Elbit campaign in Washington, DC, after years of participating in protests with pro-Palestinian groups. “If the US government was not going to stop sending weapons for the genocide, then the people were going to have to stop it,” Cassian said.

For an hour and a half, the bank’s opulent campus—with its mini-golf course, sculpture garden, baseball field, and concert hall—was inaccessible as traffic backed up and irate motorists leaned on their horns and shouted.

Last September, in a special report titled “From Economy of Occupation to Economy of Genocide,” UN Special Rapporteur on the Occupied Palestinian Territories Francesca Albanese investigated the “corporate machinery sustaining Israel’s settler-colonial project of displacement and replacement of the Palestinians in the occupied territory,” in which Elbit Systems featured as a primary contractor to the Israeli state. Detailing how “the military-industrial complex has become the economic backbone” of Israel, the UN report says that Elbit Systems provides “a critical domestic supply of weaponry, and reinforce[s] Israel’s military alliances through arms exports and joint development of military technology.”

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