Source: Responsible Statecraft
by William Hartung
“It’s a sad but familiar spectacle — as people die at the hands of U.S. weapons in a faraway war zone, the stock prices of arms makers like Raytheon and Lockheed Martin soar. A piece posted yesterday at Forbes tells the tale: ‘Defense Stocks Hit All-Time Highs Amidst Mideast Escalation.’ One wonders how the executives of these companies feel about their products being used for mass slaughter in Gaza and dangerous escalation in Lebanon. For the most part they’re not talking, although they are glad to occasionally inform their investors that ‘turbulence’ and ‘instability’ means their products will be needed in significant quantities by our ‘allies.'” (10/04/24)
https://www.commondreams.org/opinion/lebanon-gaza-defense-industry-stocks