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Protest Targets Capital One to Demand Bank Ends Loans to Israeli Weapons Company

Activists are urging the bank to not extend additional credit to Elbit Systems, Israel’s largest weapons manufacturer.

By Joseph Mogul , Truthout, April 23, 2026

On the morning of April 21, a dozen community members with the anti-imperialist campaign Demilitarize Brooklyn Navy Yard (DBNY) entered the Capital One corporate offices in Midtown, Manhattan, unfurling two banners that read: “Capital One Pays For Genocide” and “Eject Elbit Systems.” The group quickly installed a “soft blockade” with the banners, partially obstructing two hallways to bring attention to workers. One protester walked across the building lobby, showering the floor in faux cash stained with red paint.

A New York City Police Department (NYPD) officer and two private security guards stationed inside grabbed the banner, shoving protesters and reporters toward the exit. Before forcing DBNY outside — where the protest continued — an NYPD officer shouted at this author: “No freedom of press on private property!”

This action comes days before the expiration of a $545 million loan from a consortium of six banks — including $90 million from Capital One — to Elbit Systems, Israel’s largest weapons manufacturer. As part of a global week of action called by the Boycott, Divestment, Sanctions (BDS) movement to “intensify the BDS campaign against Elbit,” organizers planned actions in New York City, Boston, and the Washington, D.C. area targeting Capital One under the moniker “Eject Elbit.”

“This week, Capital One’s $90 million loan to Elbit Systems is set to either renew or expire, and we came out in multiple cities to let them know that we’re not giving up,” said one Eject Elbit organizer in D.C. who chose to remain anonymous for security reasons. “They’ve heard from us for months, and they will continue to hear until they drop this violent funding.”

According to a Bloomberg financial markets database, the $545 million loan was signed on May 21, 2021, and is set to mature on April 24, 2026. The BDS Global Week of Action overlaps with a pivotal moment of escalation — pressuring Capital One to not extend additional credit to Elbit Systems.

Elbit Systems is one of most complicit actors in Israel’s genocide in Gaza, supplying the Israeli military with weapons such as MPR 500 bombs, which are specifically designed for “densely populated urban warfare.” Elbit also developed border surveillance systems crucial to the maintenance of Israeli apartheid, and repressive immigration enforcement at the U.S.-Mexico border, where the Department of Homeland Security (DHS) awarded Elbit with $23.9 million to install surveillance towers in 2023.

In addition to organizing against two companies operating on city-owned property at the Brooklyn Navy Yard — Easy Aerial and Crye Precision, both with ties to the Israeli military and DHS — DBNY joined the national Eject Elbit campaign last fall.

“Easy Aerial supplies Elbit Systems; they’re collaborators,” said Iman Bowman, a DBNY spokesperson, referencing contracts to retrofit Elbit Systems ground vehicles with Easy Aerial autonomous drones.

DBNY recently celebrated its first victory after successfully pressuring the Brooklyn Navy Yard not to renew Easy Aerial’s lease in February. Now the campaign continues fighting local nodes of the global weapons supply chain to Israel, including Elbit’s financiers…………………………………………………………………………………………………………………………………….. https://truthout.org/articles/protest-targets-capital-one-to-demand-bank-ends-loans-to-israeli-weapons-company/?utm_source=Truthout&utm_campaign=01f7de4f88-EMAIL_CAMPAIGN_2026_04_23_09_18&utm_medium=email&utm_term=0_bbb541a1db-01f7de4f88-650192793

April 27, 2026 - Posted by Christina Macpherson | business and costs, USA