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Ukraine war orders starting to boost revenues for big US defense contractors
One America news ^ | October, 27, 2023 | Mike Stone for Rooters

Posted on 10/28/2023 8:17:38 AM PDT by Navy Patriot

WASHINGTON (Reuters) – The Russian invasion of Ukraine in 2022 is starting to boost defense contractors’ revenues, as customers such as the U.S. government restock supplies shipped to Ukraine and countries around Europe arm themselves with an eye on Moscow’s aggressions.

U.S. defense contractors such as Lockheed Martin (LMT.N), General Dynamics (GD.N) and others expect that existing orders for hundreds of thousands of artillery rounds, hundreds of Patriot missile interceptors and a surge in orders for armored vehicles expected in the months ahead will underpin their results in coming quarters.

New contracts to supply Ukraine directly – or backfill U.S. weapons sent to Ukraine – were signed late last year, and now revenue is flowing to the big defense contractors. Lockheed, General Dynamics and RTX (RTX.N) all reported better than expected results over the past several days, and executives expect both the conflict in Ukraine and Israel’s war with Palestinian militant group Hamas to drive up near-term demand.

(Excerpt) Read more at oann.com ...


TOPICS: Crime/Corruption; Foreign Affairs; Government; News/Current Events
KEYWORDS: generaldynamics; lockheed; northrup
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To: Alberta's Child

“Nikki Haley went right from the governor’s mansion in South Carolina to a seat on the Boeing Corp. board of directors. Do you think it’s a coincidence that she’s been one of the most rabid warmongering globalists on the national political scene since then?”

1. Let’s see; Boeing is a major company in South Carolina, where Halley was once Governor. That shhe sould get a seat on Boeign’s board is not unusual nor is it “corrupt”.

2. You seem to think Halley is incapable of having any opinion about support for Ukraine, except as it would, in your mind, “please Boeign”. A. It is simplistic and B. there is zero evidence of it.


121 posted on 10/29/2023 10:18:51 AM PDT by Wuli
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To: Wuli

“What defense contractor is running for President???”

What President since Reagan was not an MIC Defense contractor by proxy?

One... Trump.


122 posted on 10/29/2023 10:27:49 AM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: Wuli
Of course. And the U.S. cash and military support for Ukraine has nothing to do with the millions of dollars the Biden family has received from its "business interests" over there.

Like I said before ... How stupid do you think people are?

123 posted on 10/29/2023 1:44:49 PM PDT by Alberta's Child (If something in government doesn’t make sense, you can be sure it makes dollars.)
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To: Navy Patriot
You must be the source of those rumors about homosexuality in the Navy.

Did you have fun?

124 posted on 10/29/2023 4:39:05 PM PDT by freeandfreezing
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To: freeandfreezing

You must be the source of Nazis in Ukraine, did you have fun with the children?


125 posted on 10/29/2023 4:53:47 PM PDT by Navy Patriot (Celebrate Decivilization)
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To: Navy Patriot
Thanks for showing us who you really are.

Your handle brings disrespect to our armed forces.

But I guess you get an extra serving of borscht in the cafeteria for sharing your favorite photos of men dancing.

126 posted on 10/29/2023 7:11:52 PM PDT by freeandfreezing
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To: freeandfreezing
In Fact, I am not concerned with HomoNazi reviews, and the members of the US Armed forces that refuse to cooperate with Nazis and Homos is a Positive of the Character of Real Americans.

Thanks for showing us who YOU really are.

127 posted on 10/30/2023 11:12:25 AM PDT by Navy Patriot (Celebrate Decivilization)
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To: ansel12

It seems that “midnightrideofpaulrevere” aka
“Rattlesnake_Snook has been erased.


128 posted on 10/31/2023 7:58:53 AM PDT by ansel12 ((NATO warrior under Reagan, and RA under Nixon, bemoaning the pro-Russians from Vietnam to Ukraine.))
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