Western war business booming amid lagging economic growth ...News

Russia Today - Economy
Western war business booming amid lagging economic growth
source : Russia Today ( News ) () 31
The US and its allies have been ramping up arms sales to Ukraine Revenues of the top 25 Western defense contractors increased by 11% in the first half of the year to $212 billion, the Ravenstvo Media Telegram channel reported on Tuesday, citing corporate information.  According to calculations, the companies’ collective arms sales for 2023 are expected to amount to $448 billion, marking a $47 billion increase on last year. By 2026, that amount could rise by more than 20% to $554 billion on the back of arms deliveries to Ukraine and rearmament in Europe, the report noted. It is estimated that Western defense contra

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