An open-ended war in Iraq and Syria isn’t good for many people. Not the American public, which is paying for it, and certainly not for the Iraqis and Syrians. Arms dealers are salivating at the profits they are likely to make as the war continues to escalate.
The big winner early in the war is Raytheon, who netted a big new Tomahawk cruise missile contract because of all of the missiles the US has been firing into Iraq and Syria.
In the long run, the people who benefit most from the war may not be the ones making the missiles the US fired, however, but rather the companies that made the vehicles the US is trying to destroy.
ISIS’ vehicles are mostly US-made vehicles looted from Iraq, and companies that made them, like Lockheed Martin and Northrop Grumman, are eventually going to be paid to buy the Iraqi military a whole new collection of gear to replace what they lost and was eventually destroyed.
With expectations for a return to runaway military spending, all of the major military contractors are trading near all-time highs on the stock market, with their prices escalating as the war does.
3 thoughts on “ISIS War a Financial Windfall for US Arms Makers”
Just in time to reverse the declining wars, ISIS suddenly appears to spike the stocks. Surprised? And the major indirect beneficiaries will be the Congresscritters and their personal bank accounts. Any wonder they're almost all on the war-wagon?
Time to call the broker and change the emphasis of the portfolio.
If the Military Industrial Complex which Eisenhower warned us about is the primary BIG beneficiary of this new war on ISIS why would you not suspect they are involved in creation, funding, arming, training is this group through our proxy "allies". I mean really? How obvious does it have to be?
War materials for oil — Best money maker ever
Since 1948 when we created our military base called Israel, we have enjoyed the greatest money maker the world has ever known, namely the trading of war materials for Middle-East oil. So, the root cause is not just weapon dealers but ever dealer under the sun, from car dealers to flea market vendors, for the problem is us and our greed driven desire to always vote for the war-hawk politician best able to do whatever is in the best interest of our economy, no matter how much we should enrich ourselves upon the misery of those we plunder.
Organize, organize, organize, get the lead out gentlemen, ORGANIZE — ORGANIZE — ORGANIZE.
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