Analysts warned the US arms industry is currently getting a rake-off from the Ukraine conflict through contracts with Western nations that increase defense spending and turn to the US market.
Since early 2022, Lockheed Martin Company´s shares have skyrocketed nearly 25%, while the amount of other war industry companies including Raytheon, General Dynamics and Northrop Grumman have each jumped to around 12%, The Hill newspaper reported past week.
Both the United States and the North Atlantic Treaty Organization (NATO) have for months fueled tensions in Eastern Europe, moving part of their troops at a time as Russia had not planned its present military operation to demilitarize and denazify Ukraine, according to the Kremlin.
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