Supply-chain challenges and Defense Department weapons-buying practices hold back sales, executives say
U.S. Defense Secretary Lloyd Austin says China is a country ‘with both the intent to reshape the international order and increasingly the power to do so.’ Photo: Kevin Dietsch/Getty ImagesThere is an $8 billion gap between what the Pentagon has pledged to send to support Ukraine and its allies, and the contracts awarded to defense companies.
Executives at military contractors said the combination of supply chain hurdles, labor shortages and Pentagon bureaucracy means billions of dollars in contracts won’t start to benefit their financial results until late next year and into 2024 and beyond.
This is the problem 💀
I hope Russia crushes the crooked Ukraine!
Defense companies act like vultures profiting from war. But remember that the real business is not war, but the debt that war generates. That's the business and those who finance are the bigger vultures.🧐 Ukraine is only the excuse at this moment. This history is very old. ☹️
Who will ultimately come out as a Winner d Demon Putin or d fighter for own Nation's Sovrenty Zelensky 'Nandi (Lord Shiv Bull)'
Price gouging! When new contracts are issued this won't be forgotten!
They need another summer chalet?
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The defense company which steps up first to make a goodwill gesture to UA will long be remembered by the free world.
Goodwill gesture to UA from defense companies would send a positive message to the civilized world that democracy matters.
The Pentagon should NOT be arming Ukraine
Oh no the military industrial complex is suffering sales during a war 😢
Boo hoo
We should NOT be giving Ukraine anything. Their corruption is what got them into this mess to begin with.
Here's an idea: How about the defense companies perform a goodwill gesture and donate something to UA to support the battle for democracy.
Some Twitter employees are available for hire.
saying the quiet part out loud ...
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Source: MarketWatch - 🏆 3. / 97 Read more »