Key Findings
- Military: Caterpillar D9 bulldozers are supplied to Israel through U.S. Foreign Military Sales and an exclusive Israeli dealer structure; Israeli entities retrofit the equipment for military use.1, 2
- Economic: Caterpillar Ventures participated in the April 2024 Series B round for Tel Aviv-based Magnus Metal; the publicly disclosed $74 million was the round total, not Caterpillar’s individual investment.3
- Political: Caterpillar’s stated position is that it does not condone illegal or immoral use of its equipment, while maintaining that it cannot determine post-sale use and that U.S. anti-boycott law constrains unilateral action.4
- Not found: No public evidence identified of Caterpillar-developed Israeli cyber, surveillance, cloud-hosting, autonomous-targeting, or digital-weapons services.5
Target Profile
| Field | Detail |
|---|---|
| Company Name | Caterpillar Inc. |
| Jurisdiction | Delaware, United States.6 |
| Headquarters | Principal executive office: Irving, Texas, United States.6 |
| Sector | Heavy equipment, machinery, engines, parts, generators, and related industrial services.7 |
| Ownership | NYSE-listed (CAT). As of 31 December 2025, Vanguard held 10.06%; State Street 7.4%; and BlackRock 6.6%.8 |
| Key Executives / Governance | Joseph E. Creed became CEO and a director in May 2025 and Chairman in April 2026; Debra L. Reed-Klages is Lead Independent Director. Ogi Redzic is Chief Digital Officer.8, 9 |
| Israeli-Nexus Summary | Israel-facing activity is documented through U.S. FMS/FMF channels and the independent exclusive I.T.E./Zoko dealer relationship, including D9 equipment later modified by Israeli entities for military use.1, 2 |
Key Facts:
- Caterpillar is not Israeli-founded and was founded in California in 1925.6
- Its documented Israeli dealer is Tractors & Equipment (I.T.E.) Ltd., part of the Zoko group; reviewed disclosures do not identify I.T.E. or Zoko as a Caterpillar subsidiary.7, 10
- Caterpillar reported global 2025 sales and revenues of $67.589 billion; Israel-specific revenue was not disclosed in reviewed filings.6
Executive Summary
Caterpillar’s documented Israel/Palestine nexus is principally a heavy-equipment and military-engineering nexus. Its D9 bulldozers have reached Israel through U.S. government-administered Foreign Military Sales and Foreign Military Financing mechanisms, rather than through a verified direct Caterpillar–IDF or Caterpillar–Israeli Ministry of Defense contract. The Defense Security Cooperation Agency notified Congress in February 2025 of a possible $295 million FMS package for Caterpillar D9R/D9T bulldozers and associated support, with delivery estimated to begin in 2027; reporting subsequently described dozens of D9s arriving in Israel in July 2025 for IDF Ground Forces.1, 11
The documented chain is indirect. I.T.E., an exclusive Israeli Caterpillar dealer within the Zoko group, imports and markets Caterpillar machinery in Israel. NGO and other specialist reporting describes Zoko/I.T.E. as supplying and retrofitting equipment for Israeli military use, while Ramta, an Israel Aerospace Industries division, and other Israeli actors perform armour and autonomous-system modifications. Caterpillar itself is not documented as manufacturing a branded military-specification D9, developing the Panda/RobDozer software, or contracting jointly with Israeli defence primes for those modifications.2, 7, 12
The public record contains serious allegations and institutional findings concerning the equipment’s reported use in Gaza, the West Bank, demolitions, and settlement-related infrastructure. The UN Special Rapporteur’s 2025 report names Caterpillar in connection with equipment used in demolitions and reports a further Israeli contract; Norway’s Council on Ethics relied on its assessment of the resulting risks when recommending exclusion. These are report-based and institutional-investor assessments, not judicial findings against Caterpillar. The Ninth Circuit’s dismissal of Corrie et al. v. Caterpillar was on political-question and foreign-policy grounds and did not decide the underlying aiding-and-abetting allegations.13, 14, 15
The economic nexus also includes Caterpillar Ventures’ minority participation in Magnus Metal’s April 2024 funding round. Conversely, reviewed records found no Caterpillar-owned Israeli factory, R&D centre, data centre, logistics hub, Israeli subsidiary listed in Caterpillar’s SEC Exhibit 21, or Israel-specific foreign direct-investment disclosure. Targeted review also found no public evidence of Caterpillar-provided Israeli cyber, cloud, surveillance, or digital-weapons services.3, 5, 10
On the fixed, human-vetted V6.5 methodology, the military vector is the decisive score driver. The final score is BRS 725, Tier B (Severe Complicity). This reflects the documented equipment and FMS nexus while preserving material limits: indirect supply, Israeli post-sale militarisation, unresolved or NGO-sourced claims, no verified direct IDF contract, and the absence of a supported digital nexus.
Timeline of Relevant Events
| Date | Event |
|---|---|
| 1948 | I.T.E.’s predecessor received the Caterpillar distribution franchise in Israel.16 |
| 2003 | Rachel Corrie was killed in Rafah by an Israeli-operated Caterpillar D9; the event became a catalyst for sustained Caterpillar-focused advocacy and litigation.14 |
| 2004 | Human Rights Watch called on Caterpillar to suspend D9 sales; then-CEO James Owens said the company lacked the practical ability or legal right to determine post-sale product use.17 |
| 2007-09-17 | The Ninth Circuit affirmed dismissal of Corrie et al. v. Caterpillar on political-question/foreign-policy grounds.15 |
| 2012 | Caterpillar publicly stated that it did not condone illegal or immoral use of its equipment and cited U.S. anti-boycott law.4 |
| 2014-06 | Presbyterian Church (U.S.A.) voted 310–303 to divest from Caterpillar, Hewlett-Packard, and Motorola Solutions.18 |
| 2017 | Israel purchased dozens of Caterpillar heavy engineering vehicles in an FMS-financed acquisition reported as its largest in twenty years.2 |
| 2024-04-18 | Magnus Metal announced a $74 million Series B round in which Caterpillar Ventures participated.3 |
| 2024-06-17 | KLP excluded Caterpillar, stating it had held shares and bonds valued at NOK 728 million.19 |
| 2024-12 | Alameda County divested approximately $32 million in Caterpillar bonds.20 |
| 2025-02-28 | DSCA notified Congress of a possible $295 million FMS of Caterpillar D9R/D9T bulldozers and related support to Israel.1 |
| 2025-07 | Reporting described dozens of D9 bulldozers arriving at Haifa for transfer to an IDF logistics centre for armour installation.11 |
| 2025-08 | Norges Bank Investment Management excluded Caterpillar following a Council on Ethics recommendation.13, 21 |
Corporate Overview
Caterpillar Inc. is a Delaware-incorporated, NYSE-listed heavy-equipment manufacturer headquartered in Irving, Texas.6, 8 Its documented Israel-facing commercial relationship is not a Caterpillar-controlled Israeli subsidiary but an exclusive dealer/franchise relationship with I.T.E., represented in current dealer materials as part of the Zoko group. I.T.E. states that it imports and exclusively markets Caterpillar equipment, engines, generators, parts, attachments, equipment-management technology, hydraulic services, and related equipment in Israel.7
A historical 2012 Zoko disclosure identified I.T.E. as a wholly owned Zoko subsidiary, but current legal ownership was not independently verified through a current registrar extract or ownership filing. Caterpillar’s SEC Exhibit 21 does not list an Israel-organized entity; that scope does not establish the absence of unaffiliated dealers, customers, registrations, or investments.10, 22
I.T.E. reports seven Israeli branches, service centres, logistics and distribution functions, training centres, and mobile-service operations. Its reviewed current directory lists Holon, Kiryat Bialik, Be’er Sheva, Eilat, Ramla, Lod, and Kannot. Targeted review did not independently confirm a current I.T.E. or Zoko facility in Mishor Adumim or another settlement location. This does not disprove an unlisted historic, mobile, leased, or customer-site operation, but it does not support treating the claimed facility as verified current infrastructure.23
Domain Summaries
Military: Military
Mechanism of Involvement
No verified direct Caterpillar–IDF or Caterpillar–Israeli Ministry of Defense contract was identified. The documented procurement mechanism is U.S. government-to-Israel FMS/FMF supply, with Israeli intermediaries undertaking delivery-side support and militarisation. The February 2025 DSCA notice covered a possible $295 million sale of D9R/D9T bulldozers, spares, technical and logistics support, documentation, inspections, and storage.1
Caterpillar manufactures commercial heavy-duty D9 equipment. Available reporting attributes armour plating, bulletproof cabins, gunner positions, cages, and remote-control modifications to Israeli actors including Zoko/I.T.E. and IAI’s Ramta division. The automated Panda variant has been attributed to Israeli development actors; public sources differ on which Israeli defence companies were principal integrators, and that discrepancy remains unresolved.2, 12, 24
The UN Special Rapporteur’s 2025 report identifies Caterpillar equipment in relation to demolitions and Israeli military operations. Reporting and NGO documentation describe use of D9s in Gaza and the West Bank, including infrastructure destruction and settlement-related construction. These accounts substantiate documented allegations and reported equipment use, but do not establish that Caterpillar itself performed the military conversion, selected end users, or operated the equipment.13, 2
Counter-Arguments and Evidence Limits
Caterpillar’s strongest defence is that it sells through authorized dealers and U.S. government-administered channels, does not sell directly to or arm the IDF, and does not itself armour the machinery. It states that it does not condone illegal or immoral use and cannot determine all post-sale use by independent dealers or customers.4, 17
The DSCA notification is a proposed-sale and approval record, not proof that every notified item was delivered or that Caterpillar made a completed direct contract with Israel. No public evidence identified of Caterpillar supplying munitions, conventional weapons, missile-defence components, guidance systems, radar, fire-control systems, or components to Israeli defence primes.1, 25
The dismissal in Corrie did not exonerate Caterpillar on the merits; equally, it did not find Caterpillar liable. The court declined to adjudicate the claims because of the U.S.-government-financed FMS context and foreign-policy concerns.15
Named Entities and Evidence Map
- Caterpillar Inc.: Manufacturer of D9 base equipment; no verified direct IDF contract identified.1
- DSCA / U.S. State Department: FMS approval and notification mechanism for the February 2025 proposed sale.1
- I.T.E. / Zoko Enterprises: Exclusive Israeli dealer structure; training and specialist-source accounts of military supply and retrofit activity.7, 2
- IAI Ramta / Elta and other Israeli actors: Reported post-sale armour and automation integrations.12, 24
- IDF Ground Forces: Reported recipient of July 2025 D9 deliveries for armour installation.11
Digital: Digital
Mechanism of Involvement
No public evidence identified of Caterpillar licensing, integrating, or operating Israeli-origin cyber, cloud, biometric, surveillance, predictive-policing, or digital-weapons technology. Caterpillar’s documented enterprise cloud environment spans AWS, Azure, and Google Cloud; its Helios platform connects more than 1.5 million machines and engines, with no Israel-specific hosting or sovereign-cloud deployment identified.5, 26
Caterpillar Ventures participated in Magnus Metal’s Series B round. Magnus Metal is a Tel Aviv-based industrial digital-casting company; the disclosed $74 million was the aggregate round amount. No public evidence identified of Caterpillar’s investment size, ownership stake, governance rights, board seat, or continuing holding status.3
The Panda/RobDozer and related D9 systems are a domain-boundary issue: Israeli entities are reported to have added remote-control, camera, protection, and other military functions to Caterpillar base hardware. These are not documented as Caterpillar-authored digital systems.12, 24
Counter-Arguments and Evidence Limits
No public evidence identified of Caterpillar operating a data centre in Israel, participating in Project Nimbus, providing IT services to the IDF or Israeli Ministry of Defense, or developing autonomous-targeting software for Israel.5
Caterpillar’s privacy statement confirms collection of biometric information, including thumbprints, for identification and access-control purposes, but names no vendor and establishes no Israeli-origin technology connection.27 Leaked documents reported that Caterpillar hired C2i International to monitor Rachel Corrie’s family and supporters between 2003 and 2007. No public evidence identified that this historical engagement remains ongoing or involved Israeli-origin technology.28
Named Entities and Evidence Map
- Caterpillar / Helios: Commercial industrial data platform; no Israel-specific deployment identified.26
- Magnus Metal: Tel Aviv-based portfolio company in which Caterpillar Ventures participated as a minority investor.3
- C2i International: Historical private-intelligence contractor reported in leaked documents; no ongoing relationship established.28
- IAI, Elbit, RADA/Leonardo DRS: Reported third-party modifiers or component providers for Israeli D9 conversions, not documented Caterpillar digital vendors.24
Economic: Economic
Mechanism of Involvement
The principal documented economic nexus is Caterpillar’s exclusive Israeli dealer arrangement and its minority venture investment in Magnus Metal. I.T.E. markets Caterpillar machinery, parts, generators, and services in Israel; this is documented as an independent dealer operation rather than a Caterpillar-controlled subsidiary.7, 10
Caterpillar Ventures’ investment in Magnus Metal represents a documented Israeli corporate investment. It does not establish acquisition, control, Israeli manufacturing ownership, or a disclosed governance role. Caterpillar’s reviewed SEC materials disclosed neither Israel-specific revenue nor Israeli foreign direct investment.3, 6
The reviewed record also documents post-2024 Israel-directed FMS activity and reported 2025 D9 deliveries. It does not identify a post-July-2024 Caterpillar, I.T.E., or Zoko transaction specifically traceable to a named settlement, settlement road, Separation Wall project, checkpoint, or settlement-security facility.1, 11, 23
Counter-Arguments and Evidence Limits
No public evidence identified of Caterpillar-owned Israeli factories, R&D centres, data centres, logistics hubs, real-estate holdings, Israeli tax registration, or Israeli-specific revenue reporting.6, 10 No public evidence identified of Caterpillar underwriting Israeli sovereign debt, Israel Bonds, settlement activity, or Israeli military operations.6
Although specialist sources report settlement-related use of Caterpillar equipment, targeted first-party and directory review did not verify a current Mishor Adumim I.T.E./Zoko facility. Current dealer-network evidence establishes a substantial Israeli commercial network, not a verified settlement operation.23
Named Entities and Evidence Map
- I.T.E. / Zoko: Israeli exclusive distribution and service relationship; current ownership details remain unverified.7, 10
- Caterpillar Ventures: Wholly owned Caterpillar venture-capital subsidiary.29
- Magnus Metal: Tel Aviv-based industrial technology company; Caterpillar Ventures participated in its Series B.3
- KLP and NBIM: Institutional investors that excluded or divested Caterpillar based on their respective risk assessments.19, 21
Political: Political
Mechanism of Involvement
Caterpillar maintains a government and defence business line serving U.S. armed services and allied militaries receiving U.S. foreign military financing. Israel-related military equipment is documented as moving through these FMS/FMF channels, alongside the ordinary exclusive-distributor relationship.30, 1
Caterpillar’s public position states that it does not condone illegal or immoral use of its equipment and expects use consistent with human rights and international humanitarian law, while citing U.S. anti-boycott legislation as a constraint on unilateral Israel-specific action. After October 2023, its identified public messaging expressed general compassion and support for a peaceful resolution, without a documented Israel-related operational restriction.4, 31
Institutional pressure has included shareholder proposals, civil-society campaigns, church and pension-fund divestments, and the August 2025 NBIM exclusion. The Council on Ethics’ assessment is an exclusion rationale, not a court judgment, and the U.S. government publicly criticized Norway’s divestment decision as based on “illegitimate claims.”21, 32
Counter-Arguments and Evidence Limits
No public evidence identified of Caterpillar corporate or Foundation donations to FIDF, JNF/KKL, settlement-support organizations, or Israeli military-welfare organizations. No public evidence identified of executives or directors holding Israeli defence-company board positions, pro-Israel advocacy leadership roles, or personal donations to identified Israeli military-welfare entities.33
No public evidence identified that Caterpillar’s charter, founding documents, ownership structure, or primary corporate mission tie the company to Israeli state policy. Caterpillar is a diversified, U.S.-incorporated public company, and its Israel-facing activities are documented as dealer and U.S.-government procurement relationships rather than a state-partnership mandate.6, 8
Named Entities and Evidence Map
- Caterpillar Defense: Publicly promoted government and defence business line for U.S. and allied military customers.30
- Caterpillar Foundation: Announced a $1 million Middle East humanitarian donation in October 2023, without an accompanying product or operational commitment.34
- NBIM / Norwegian Council on Ethics: Exclusion process and institutional assessment, not a judicial liability finding.13, 21
- U.S. State Department / DSCA: Government authorities administering Israel-directed FMS approvals.1
Complicity Index Score
Method: V6.5.
| Domain | I | M | P | V-Domain Score |
|---|---|---|---|---|
| Military | 8.20 | 7.00 | 7.50 | 8.20 |
| Digital | 0.00 | 0.00 | 0.00 | 0.00 |
| Economic | 3.50 | 7.00 | 7.50 | 3.50 |
| Political | 4.00 | 7.00 | 9.00 | 4.00 |
- V_MAX: 8.20 Avg_OTHERS: 2.50
- BRS Score: 725 Tier: B (Severe Complicity)
Military drives V_MAX because the record documents Israel-directed FMS D9 supply, an exclusive dealer network, and Israeli military conversion and deployment of Caterpillar base equipment. Economic and Political reflect the dealer/investment and government-sales-policy record; Digital is zero because the audit identified no supported Israeli digital nexus. The V6.5 method is scale-free, evidence-only, and human-vetted.
Methodology Note
- This dossier relies only on the four supplied domain audits and their cited documentary record.
- Impact measures the type of documented activity; M measures scale; P measures directness.
- Scores do not convert allegations, NGO assertions, investor exclusions, or UN Special Rapporteur reporting into court findings.
- Divested, exited, discontinued, or unverified operations are mitigated or excluded rather than treated as continuing activity.
- Entity attribution is limited to the documented actor: Israeli dealer, military, and defence-prime conduct is not automatically attributed transitively to Caterpillar.
- Settlement-linked operation may be assessed in both Economic and Political where independently supported; “No public evidence identified” is used where targeted checks found no supporting public record.
Footnotes
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https://www.dsca.mil/press-media/major-arms-sales/israel-caterpillar-d9-bulldozers ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9 ↩10 ↩11
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https://www.whoprofits.org/companies/company/3772 ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7
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https://www.prnewswire.com/news-releases/magnus-metal-raises-74-million-in-series-b-funding-to-transform-metal-part-casting-with-its-revolutionary-digital-casting-technology-302120921.html ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7
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https://www.business-humanrights.org/en/latest-news/caterpillar-response-re-alleged-complicity-in-human-rights-abuses-in-israel-the-occupied-territories/ ↩ ↩2 ↩3 ↩4
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https://www.constellationr.com/insights/news/caterpillars-ai-vision-takes-shape-data-cloud-focus-was-precursor ↩ ↩2 ↩3 ↩4
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https://www.sec.gov/Archives/edgar/data/18230/000001823026000008/cat-20251231.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8 ↩9
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https://www.ite-cat.co.il/%D7%90%D7%95%D7%93%D7%95%D7%AA-%D7%98%D7%A8%D7%A7%D7%98%D7%95%D7%A8%D7%99%D7%9D-%D7%95%D7%A6%D7%99%D7%95%D7%93-i-t-e ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7
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https://www.sec.gov/Archives/edgar/data/18230/000130817926000358/cat014496-def14a.htm ↩ ↩2 ↩3 ↩4
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https://www.caterpillar.com/en/company/governance/officers/ogi-redzic.html ↩
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https://www.sec.gov/Archives/edgar/data/18230/000001823026000008/cat_exx21x12312025subsidia.htm ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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https://www.timesofisrael.com/liveblog_entry/idf-receives-bulldozer-shipment-from-us-that-was-reportedly-held-up-by-biden-administration/ ↩ ↩2 ↩3 ↩4
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https://www.whoprofits.org/companies/company/4309 ↩ ↩2 ↩3 ↩4
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https://ccrjustice.org/home/what-we-do/our-cases/corrie-et-al-v-caterpillar ↩ ↩2
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https://caselaw.findlaw.com/court/us-9th-circuit/1403943.html ↩ ↩2 ↩3
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https://www.ite-cat.co.il/%D7%98%D7%A8%D7%A7%D7%98%D7%95%D7%A8%D7%99%D7%9D-%D7%95%D7%A6%D7%99%D7%95%D7%93-i-t-e-%D7%9C%D7%90%D7%95%D7%9A-%D7%94%D7%A9%D7%A0%D7%99%D7%9D ↩
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https://www.hrw.org/news/2004/11/21/israel-caterpillar-should-suspend-bulldozer-sales ↩ ↩2
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https://religionnews.com/2014/06/20/prebyteriansdivestment/ ↩
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https://www.klp.no/en/corporate-responsibility-and-responsible-investments/exclusion-and-dialogue/exclude-caterpillar-inc.pdf ↩ ↩2
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https://oaklandside.org/2024/12/12/alameda-county-divestment-caterpillar-israel-war-gaza/ ↩
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https://www.nbim.no/en/news-and-insights/the-press/press-releases/2025/decisions-on-exclusion ↩ ↩2 ↩3 ↩4
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https://mayafiles.tase.co.il/RHtm/748001-749000/H748121.htm ↩
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https://www.ite-cat.co.il/%D7%A1%D7%A0%D7%99%D7%A4%D7%99%D7%9D ↩ ↩2 ↩3
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https://www.ohchr.org/en/documents/country-reports/ahrc5923-economy-occupation-economy-genocide-report-special-rapporteur ↩
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https://www.caterpillar.com/en/news/caterpillarNews/2025/digital-data-journey.html ↩ ↩2
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https://www.caterpillar.com/en/legal-notices/dataprivacy.html ↩
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https://www.thebureauinvestigates.com/stories/2017-12-13/hidden-world-of-private-spies ↩ ↩2
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https://www.cat.com/en_US/blog/how-innovation-outside-fuels-progress-inside.html ↩
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https://www.cat.com/en_US/by-industry/governmental-defense.html ↩ ↩2
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https://www.business-humanrights.org/en/latest-news/caterpillar-did-not-respond-to-concerns-over-use-of-its-bulldozers-use-by-the-israeli-army-in-the-ground-invasion-of-gaza/ ↩
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https://www.timesofisrael.com/us-very-troubled-by-norways-divestment-from-caterpillar-for-selling-to-israel/ ↩
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https://www.caterpillar.com/en/company/governance/political-engagement.html ↩
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https://www.caterpillar.com/en/news/corporate-press-releases/h/caterpillar-foundation-donation-humanitarian.html ↩

