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⭐️The big five weapons firms have achieved impressive stock growth since Russia’s invasion, dramatically outperforming the major indexes. Shares in #LockheedMartin, #Raytheon, #Boeing, #NorthropGrumman, and General Dynamics appreciated in value 12.78 percent on average in the… twitter.com/i/web/status/1… 
That growth is even more impressive when compared to the performance of the major indexes. The top weapons stocks, on average, outperformed the S&P 500 by 17.82 percent, the NASDAQ composite index by 23.88 percent, and the Dow Jones Industrial Average by 12.71 percent.
Much of the U.S. weapons industry’s revenues originate from U.S. government contracts, paid by taxpayers. For example, Lockheed Martin, the world’s largest weapons manufacturer, may be a for-profit, publicly traded company but the firm’s 2021 annual report acknowledged that,… twitter.com/i/web/status/1…
“Our products and technologies have been instrumental in helping the people of Ukraine defend itself,” argued Raytheon CEO Greg Hayes in an earnings call last month. Chris Calio Raytheon’s chief operating officer noted later in the call that “our backlog is expected to continue… twitter.com/i/web/status/1…
In other words, a humanitarian, geopolitical, and economic disaster for the world has at least one silver lining: profits for arms manufacturers.
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