US Arms Manufacturers Profit from USA's Policy of Forever War
Since beginning the United States' War of Terror with the illegal invasion of Iraq in 2001, US weapons contractors and their shareholders (incl. many US politicians and advisors) have reaped untold billions in profits:
Beating the Market
$10k invested in Lockheed Martin in 2001 would be worth over $200k today. Likewise the same amount invested in Northrop Gruman would be worth over $150k. This is far in excess of the Dow Jones index, which only increased a little over 200% in the same period, meaning a $10k investment in a DJI fund in 2001 would be worth less than $25k today.
Profits continue to soar today thanks to current conflicts and massive arms sales, totaling 100s of billions of dollars over the next 10 years, that are currently lined up to UAE and Saudi Arabia among others.
Beating the Market
$10k invested in Lockheed Martin in 2001 would be worth over $200k today. Likewise the same amount invested in Northrop Gruman would be worth over $150k. This is far in excess of the Dow Jones index, which only increased a little over 200% in the same period, meaning a $10k investment in a DJI fund in 2001 would be worth less than $25k today.
Profits continue to soar today thanks to current conflicts and massive arms sales, totaling 100s of billions of dollars over the next 10 years, that are currently lined up to UAE and Saudi Arabia among others.
Comment:
I correct myself. Iraq invasion was 2003. Afghanistan was 2001. So many to remember.