Top Weapons Companies Boast Ukraine-Russia Tensions Are a Boon for Business

[kpete]

In calls with investors, Raytheon and Lockheed Martin boasted that the worsening conflict is helping profits.

As the United States weighs more involvement in the growing conflict between Ukraine and Russia, some of the largest weapons companies in the world?—?Raytheon and Lockheed Martin?—?are openly telling their investors that tensions between the countries are good for business. And General Dynamics, meanwhile, is boasting about the past returns the company has seen as a result of such disputes.

..........

If it sounds like Hayes is using mounting tensions as an advertising opportunity for his company, this may not be far fetched. On a January 25 earnings call (which was noted on Twitter by Nick Cleveland-Stout of the Quincy Institute), Hayes included ​“tensions in Eastern Europe” among the factors that Raytheon stands to benefit from. He said: ​“We just have to look to last week where we saw the drone attack in the UAE, which have attacked some of their other facilities. And of course, the tensions in Eastern Europe, the tensions in the South China Sea, all of those things are putting pressure on some of the defense spending over there. So I fully expect we’re going to see some benefit from it.”

Raytheon isn’t alone in its projections. Among those noting the likely boost to profits is Jim Taiclet, the chairman, president and CEO of Lockheed Martin. In a January 25 earnings call, he told investors, ​“If you look at the evolving threat level and the approach that some countries are taking, including North Korea, Iran and through some of its proxies in Yemen and elsewhere, and especially Russia today, these days, and China, there’s renewed great power competition that does include national defense and threats to it.”

This ​“great power competition,” he suggested to investors, bodes more business for the company. Taiclet says, ​“And the history of the United States is when those environments evolve, that we do not sit by and just watch it happen. So I can’t talk to a number, but I do think, and I’m concerned personally that the threat is advancing, and we need to be able to meet it.”

https://inthesetimes.com/article/ukraine-russia-raytheon-lockheed-martin-general-dynamics-weapons-industry

[Joinfortmill]

1. Sick phucks.

[RKP5637]

2. If it kills, we build it, very profitable. Humans are really a F'ed up species. n/t

[Alexander Of Assyria]

3. And there you have it...the truth...war is good for business, even war tensions...how

else to feed the insatiable maw of the worlds massive bloodsucking militaries and ofc the greatest maw of all by far, ever, America..its massive maw feeds on everything worldwide where violence is possible.

And right in behind the open mouths feeding openly are the expensive, shiny new weapons of mass death factory owners. And in behind that, a the supporting reserve of mass media war drum beating marchers spreading gifts of war propaganda cake to the assembled taxpayer crowds to keep them happy…eat the cake!.

It’s a very well organized parade.

Isntthe chain of command of war obvious?

[pwb]

4. The war mongers are looking for a fight anywhere in the world.

Cable news and the A. P. too.

[mitch96]

5. "worsening conflict is helping profits. " President Dwight Eisenhower gave us a dire warning

https://www.npr.org/2011/01/17/132942244/ikes-warning-of-military-expansion-50-years-later

"In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists, and will persist."
" and the possibility that as the military and the arms industry gained power, they would be a threat to democracy, with civilians losing control of the military-industrial complex."
"Eisenhower also spoke as someone who had seen the horror and lingering sadness of war, saying that "we must learn how to compose differences not with arms, but with intellect and decent purpose."

m

[BeckyDem]

6. Parasites with bank accounts.