Major American defense companies such as Raytheon and Lockheed Martin have benefited from Russia’s ongoing war in Ukraine, raking in billions of dollars’ worth of contracts to supply weapons as the United States continues to spend money in Ukraine and replenish its army.
Lockheed manufactures high-tech defense systems that have played a major role in protecting Ukrainian cities from bombardment by Russian aerial forces. Washington has already sent 20 high mobility artillery rocket system (HIMARS) launchers to Ukraine. The Pentagon also plans to send 18 more HIMARS launchers at a cost of $1.1 billion.
In December 2022, the U.S. Army granted a $431 million contract to Lockheed to produce HIMARS launchers to replenish its stocks as well as restock supplies of its partners and allies who militarily support Ukraine. In October, Lockheed was awarded a $14.4 million contract to raise the production capacity of HIMARS launchers from 60 per year to 96….