US Weapons Manufacturers Enjoy Soaring Profits Thanks to War in Ukraine

US Weapons Manufacturers Enjoy Soaring Profits Thanks to War in Ukraine
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The US military-industrial complex is making massive gains as a result of the war in Ukraine and other global conflicts, with weapons manufacturers enjoying soaring profits. Data released by the State Department shows that US weapons sales to other countries rose from $103.4 billion in 2021 to $153.7 billion in 2022. The leap was largely thanks to US support for prolonging the war in Ukraine.
Germany’s order of 35 F-35 Joint Strike Fighter airplanes for $8.4 billion and Poland’s $6 billion spend on 250 M1 Abrams tanks also bumped up the numbers.
$3 billion in weapons sales to Saudi Arabia,...
Source: https://www.newswars.com/us-weapons-manufacturers-enjoy-soaring-profits-thanks-to-war-in-ukraine/