Saturday, December 30, 2023

Global Defense Orders Are Soaring

Zero Hedge: World On Fire Sends Global Defense Orders Soaring 

The world now teeters dangerously close to a major military conflict. This brewing storm of global unrest in Eastern Europe, the Middle East, and the South China Sea signals a chilling reminder of the world on fire. 

The shift towards a multipolar world has led to a surge in military spending by countries. New data from the Financial Times reveals that the world's top defense firms have been bombarded with orders from tanks to fighter jets to missiles. 

Britain's BAE Systems, South Korea's Hanwha Aerospace, and the United State's Lockheed Martin, along with twelve other defense firms, were found to have combined order backlogs of $777.6 billion at the end of 2022, up from $701.2 billion two years earlier - or about a 10% increase.  

Read more ....  

Update: Global defense orders surge amid escalating geopolitical tensions (Voice of Europe)  

WNU Editor: Here is an easy prediction. 2024 is going to be a banner year for these defense firms.

3 comments:

Anonymous said...

The important thing is how many kids can America murder in Gaza before midnight.

Further proof that America is the shining city on the hill.

Anonymous said...

Money....it's a hit..... don't give me that ....good good ...gooooood ....bullshit.....

Anonymous said...

I think you meant to say kidnapped and orphaned ukranian kids by that shining beacon of repression Moscow