News Formal

War in Ukraine a Windfall for Weapons Industry

  • 📰 commondreams
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Military contractors 'will benefit, and in the short term we could be talking about tens of billions of dollars, which is no small thing, even for these big companies,' said WilliamHartung.

Citing Russian aggression, Germany said Monday that it would purchase up to 35 American Lockheed Martin F-35 fighter jets, a major reversal from its previous plan to revamp its aging fleet with a combination of older, less expensive American- and European-made jets.

"We are proud of the confidence the German Federal Ministry of Defense and Luftwaffe officials have shown in choosing the F-35," Lockheed MartinLess than three full months into 2022, Lockheed Martin's stock has surged by more than 25%, while the share prices of Raytheon, General Dynamics, and Northrop Grumman have also risen by roughly 12%, 14%, and 16%, respectively.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 530. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK’s Boris Johnson meets with oil industry leaders to discuss energy independence amid Russia-Ukraine warBritish Prime Minister Boris Johnson met with oil and gas industry leaders on Monday to discuss his country’s energy security as it looks to move away from Russian hydrocarbons following Russian President Vladimir Putin’s invasion of Ukraine.
Source: FoxBusiness - 🏆 458. / 53 Read more »