Who Profits and Who Pays in the Russia-Ukraine War?
As the full-scale invasion of Ukraine by Russia enters its fourth year, the conflict's financial and human consequences continue to mount. While the war imposes a staggering toll on civilians and national economies, it has also become a source of immense profit for a select few. This blog post breaks down the verified data, highlighting who is truly benefiting and who is bearing the costs. The Defense Industry Windfall 💰 The war has driven a surge in defense spending, directly benefiting major military contractors. As nations race to replenish stockpiles and arm Ukraine, companies like Lockheed Martin and RTX (formerly Raytheon Technologies) have seen their revenues and backlogs swell to unprecedented levels. * Lockheed Martin: With 2024 revenue reaching $71 billion, the company has secured a multitude of contracts directly tied to the conflict. This includes major deals for their HIMARS and Javelin missile systems, contributing to a substantial portion of the $12 billion in Ukra...