Monday, September 30, 2024

War

As the Ukraine War drags on the question arises as to who is this benefiting and the answer is found in the old adage, follow the money. WASHINGTON, Oct 27, 2023 (Reuters) - The Russian invasion of Ukraine in 2022 is starting to boost defense contractors' revenues, as customers such as the U.S. government restock supplies shipped to Ukraine and countries around Europe arm themselves with an eye on Moscow's aggressions. Big defense contractors are doing OK. Since the war started General Dynamics stock has gone from 200 to 300. Lockheed Martin from 340 to 580. Northrup Grumen 350 to 520.

No comments:

Post a Comment