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Stop CPP investments in firms selling military, police, spy or prison-related products to Israel


in 2011

$3 million

This is the online version of
Profiting from Israeli Apartheid:
Canada Pension Plan (CPP) Investments in Corporations Supporting Israel’s Military-, Police-, Surveillance-, Prison-Industrial Complex (Part 1)"
(Here's a coupon to subscribe, renew, order copies or make a donation to COAT.  To pay online, use the "Transfer Funds" button at the COAT homepage.)

Investments in Caterpillar
by other
Top Canadian Pension Funds:
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Total = $98,236,000

When "caterpillar" treads first appeared in the early 1900s, they were used on farm tractors. But World War I changed all that and the track-tread was converted to military use for tanks and artillery-hauling machines. For this we can thank the Holt Caterpillar Co. Nowadays with more than $64 billion in assets Caterpillar (CAT) is the world’s largest manufacturer of heavy equipment used in construction and mining.

Of the US$1.6 billion in contracts that CAT received from the US federal government between 2000 and 2009, over 95% were for the military.

When CAT acquired Britain’s Perkins company for US$1.3 billion in 1998, it created the world’s largest diesel engine maker. Caterpillar Defence Products supplies CAT and Perkins "engines and automatic transmissions for armoured and logistic vehicles, both tracked and wheeled." Its engines are "combat proven in infantry fighting vehicles and main battle tanks."

Perkins engines are sold in Israel by the Israel Tractor & Equipment (ITE) Co. (This firm is 100% owned by Israel’s Zoko Enterprises. See Eaton.) The "Who Profits from the occupation" website says ITE

"retrofits Caterpillar heavy machinery vehicles for the needs of the Israeli army, including the installation of a gunner position and a bulletproof driver cabin...for battle use. The armoured tools are used for house demolitions, uprooting of trees and military urban incursions into Gaza and the West Bank."

In fact, since it began supplying Israel’s army in 1967, CAT equipment has demolished tens of thousands of Palestinian homes. Its so-called "construction" vehicles have also destroyed hundreds of thousands of trees in orchards and olive groves in the occupied Palestinian territories. The main tool in Israel’s arsenal for this widescale destruction is CAT’s D9 bulldozer. It is armoured in Israel by two state-owned firms, Israel Military Industries and Israel Aerospace Industries (IAI). (See "State-owned Israeli War Industries.") As IAI says, CAT’s "armored D9R," is used "in combat/assault operations," and has been

"successfully deployed to field units accomplishing battlefield demolition/construction, urban warfare support, creating access and egress routes for combat troops, and clearing lines of fire."

In 2003, when U.S. peace activist Rachel Corrie was trying to nonviolently stop the demolition of a Palestinian home in Gaza’s Rafah refugee camp, she was crushed to death by a CAT bulldozer that was being operated by an Israeli soldier.

Corporate Watch notes that

"The D9 bulldozer was extensively used by Israel during ‘Operation Defensive Shield’ in 2001-2, particularly during invasion of Jenin, when countless homes were destroyed by bulldozers and a disabled man was crushed to death."

Israeli troops have affectionately nicknamed the D9, "doobi," which means "teddy bear" in Hebrew.

CAT has worked with former Israel military personnel at an Israeli firm called InRob to robotise the D9 for army operations. The result is a brand of unmanned, 60-ton robotic bulldozers called "Black Thunder" that cleared the way for Israeli ground troops in the 2008-2009 assault on Gaza. InRob, which calls itself "Israel’s leader" in creating robotic ground vehicles, says it "supports the IDF (Israel Defense Forces), Israeli police, and other military and civilian companies dealing with security."

InRob details the links between its management team and the IDF. While InRob’s founder/chair, Ben-Tsur Joseph, "was in an elite unit of the Israeli Air Force," its head of R&D, Shimon Shamay, was "an officer in the IDF, which gave him a unique perspective regarding robotics opportunities and potential." InRob’s CEO, Nissim Lavi, was "an officer in an IDF combat unit which gave him first-hand knowledge of military operations."

InRob’s IDF veterans have created "Front Runner," a "Robotic Caterpillar MTL 257B." These unmanned, multi-terrain, killer robots operated from up to 3 km. away are designed to include a "weapons mount for different kinds of machine-guns," an "anti-riot shield," launchers to fire "smoke/tear gas grenades," as well as colour, infrared and thermal video cameras for night missions. These CAT robots, says InRob, are "ideally suited for a wide range of military, paramilitary, [and] law enforcement" operations. In 2007, InRob said the "Robotic MTL 257B platform will be marketed through Caterpillar’s network of distributors around the world."

CAT also makes engines used by Israel’s Navy. In 2010, when Israel launched its deadly attack against the "Mavi Marmara" the lead ship in a flotilla trying to bring aid to Gaza Israel’s Navy used a commando boat powered by CAT engines. Israel’s Morena Rigid-Hull Inflatable Boat, made by US Marine Inc., uses CAT’s turbocharged 3126 diesel engines.



COAT research (published in Issues 66 and 67 of Press for Conversion!) exposes that in 2011 the CPP owned about $1.5 billion worth of shares in 68 corporations supplying Israel with military, police, surveillance and prison-related products.

To read COAT's research on the first half of
these 68 companies, click the pdf links below
to see the print version of Issue 66.  Or, click
each company name for the web version.)
(Articles on the second set of 34 companies
are in Issue #67 of Press for Conversion!):

pdf  3M Co
Amdocs Ltd
pdf  Analog Devices Inc

pdf  AT&T
pdf  BAE Systems
pdf  Bank Hapoalim
pdf  Bezeq
pdf  Bharat Electronics Ltd
pdf  CAE Inc
pdf  Carlyle Group
pdf  Caterpillar Inc
pdf  Cellcom Israel
pdf  Cemex
pdf  Cisco Systems
pdf  CRH plc
pdf  Daewoo Engineering & Construction
pdf  Daimler AG
pdf  Delek Group
pdf  Dell Inc
pdf  Discount Investment Corp
pdf  Doosan Corp
pdf  Eaton Corp
pdf  Elbit Systems
pdf  EMC Corp
pdf  Evraz Group
pdf  Fiat Industrial
pdf  Fiat SpA
pdf  Finmeccanica
pdf  Fujitsu Ltd
pdf  Hewlett-Packard Co
pdf  Hitachi Ltd
pdf  Honeywell International
pdf  Hyundai Motor Co
pdf  Hyundai Heavy Industries

Additional resources from this issue:
Israeli Spy Companies:
Verint and Narus

State-owned Israeli War Industries:
, IMI and Rafael

Vertex Venture Capital:
Investing in Israeli High-Tech Companies

Table listing CPP Investments


Table listing CPP Investments worth $1.5 billion in 66 companies supporting Israel's military, police, surveillance, prison-industrial complex.

Table listing additional investments totalling $4.5 billion by six large Canadian pension funds (including CPP) in the 66 companies researched by COAT.


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2011 World’s Most Ethical Companies


Contracts to Caterpillar, Inc.

Caterpillar Defence Products

Zoko Enterprises


Company summaries

"IAI/Ramta Begins Deliveries of Armor Protected Caterpillar D9R Dozers under Contract Option Exercised by IDF," June 14, 2004.

Direct Action Against Israel, Part 1, Jan. 29, 2009.

InRob to Deliver First Products Involving Its Project with Caterpillar & Ramta, July 27, 2006.

Management Team

Specifications = Front Runner (CAT MTL 257)

InRob’s JV MTL Platform to Be Marketed Worldwide Through Caterpillar Network, August 15, 2007.


Martin Broek, Ali Abunimah, Carlo Tombola and Wendela de Vries, "European & American weapons in Israeli attack on Gaza Flotilla," June 15, 2010.