U.S. Arms Industry Enjoys Ukraine War
U.S. Arms Industry Enjoys Ukraine War
When on February 24, 2022 Russian troops began their operation against Ukraine, nobody expected the U.S. arms industry to be the only winner of this conflict which still goes on and it does not seem to end very soon because of profits that arms sellers earn in this war.

TEHRAN (Iran News) – When on February 24, 2022 Russian troops began their operation against Ukraine, nobody expected the U.S. arms industry to be the only winner of this conflict which still goes on and it does not seem to end very soon because of profits that arms sellers earn in this war.

Despite efforts of many independent countries to encourage Russia and Ukraine to put their guns down and come to the negotiation table, it was and still is the U.S. which encourages Ukraine to continue war against Russia because this world arrogance is the only one which makes money or political gain from this war.

While the war has caused chaos in the global economy and has pushed most countries into high inflation or recession mode, the West and predominantly the U.S. fan the flame of war because they sell their weapons to Ukraine.

Unfortunately Ukraine has fallen in the trap of the U.S. and has been involved in a war that it does not want to stop it because of the U.S. provocation, and Russia has no option but to give answer to Ukrainian troops.

According to a recent report, the U.S. has increased its arms sales to Ukraine and even to other European countries through creating Russiaphobia and Europeans had nothing but to follow what their lord, the U.S., asks.

The United States has reportedly approved arms sales to NATO Allies increased dramatically in 2021, compared with 2022, as the war between Russia and Ukraine prompted the member states into purchasing more weapons.

By some estimates, military spending by the United States and its allies is growing at a level without precedent since the end of the Second World War.

According to an analysis by Foreign Policy Magazine, the number and cash value of arms sales approved by the United States to its NATO allies has nearly doubled in 2022 Compared to 2021.

Despite calls for dialog to solve the crisis and end the conflict, many western nations have fanned the flames of war by flooding Ukraine with arms.

According to an analysis of two years of data from the US Defense Department’s Defense Security Cooperation Agency, in 2021, the U.S. government approved 14 possible major arms sales to NATO allies, worth around $15.5 billion.

In 2022 that jumped to 24 possible major arms sales worth around $28 billion, including $1.24 billion worth of arms sales to prospective NATO member, Finland.

 

While not all arms sales will be finalized as outlined in the proposals, the sharp uptick in these plans reflects a massive shift in Europe’s security landscape.

This has been the basis for the generation of vast profits for the arms manufacturers, with the US military industrial complex emerging as the key beneficiary of the war in Ukraine.

Despite conditions in which the Dow Jones Industrial Average has fallen by 10% for the year as a whole, the share prices of US defense contractors have surged.

Over the past 12 months the share price of Northrop Grumman has increased by 40% and Raytheon is up by nearly 17% while Lockheed Martin has surged by 37%.

Some of the approved U.S. arms sales in 2022 were years in the making, such as Germany’s plan to purchase F 35 fighter jets in a deal of worth around $8.4 billion, in contrast, many other major arm sales were rushed after the war broke out in Ukraine.

European countries on NATO’s eastern flank dashed to replenish and fully stock their own military capabilities in an effort to replace the equipment they shipped to Ukraine and deter Moscow.

The United States has already approved plans to sell HIMARS launchers to Estonia and Lithuania. And a similar plan for Latvia is expected to be announced within a matter of months.

The major European powers are surging their military spending with 10 NATO members spending more than 2% of their GDP on weapons this year, up from four NATO member states in 2014.

Any opportunity to supply weapons is profitable to the US Military Industrial Complex. This incentive is enough for perpetuating the Ukraine conflict.

Lockheed Martin, the United States largest military contractor, had booked more than $950 million worth of its own missile military orders from the Pentagon, in part, to refill stockpiles being used in Ukraine.

The Army has awarded Raytheon technologies more than $2 billion in contracts to deliver missile systems to expand or replenish weapons used to help Ukraine.

Ukraine’s unending demands for weapons supply have reportedly jeopardized NATO’s defense capacity and left Europe struggling to produce enough ammunition for the country and for itself as the war continues with no end in sight.

Since the beginning of the conflict in February 2022 media attention has regularly focused on the military assistance provided by states to bolster Ukraine’s war effort, with NATO members delivering almost $40 billion in military aid.

To date the United States and its allies have provided Ukraine with over 100 million rounds of a small arms ammunition, over a million rounds of artillery shells, and over 100,000 tank rounds.

This is in addition to providing Ukraine with some of the most advanced weapons in the U.S. arsenal, including the Armored Gun, the Patriot anti-aircraft systems, the HARM anti-radar missile, and Harpoon anti-ship missile.

In order to supply more weapons to Ukraine or convince other European states to follow it, the U.S. repeatedly claims that Russia uses Iranian drones and missiles. Although this claim has not been verified by the independent sources, the West uses it as a pretext for supply of arms to Ukraine for continuing war against Russia and in between the U.S. enjoys Ukraine resistance because Ukrainians are acting in favor of the U.S., and American arms industry makes most of this baseless patriotism and continuation of Ukrainians and even Russians.

So with the current developments in the war scene in Ukraine and reports coming from the battle zones, one cannot expect an immediate halt in the war and the U.S. by fooling the world can continue selling arms to Ukraine and other European countries, and Washington does not mind how the world is suffering from this war even most American people are suffering but what matters for Washington and its arms dealers is to make money by selling arms and to weaken some of its rivals, namely, Russia and some European states.