Top defence contractors set to rake in record cash after orders soar
The world’s largest aerospace and defence companies are set to rake in record levels of cash over the next three years as they benefit from a surge in government orders for new weapons amid rising geopolitical tensions. The leading 15 defence contractors are forecast to log free cash flow of $52bn in 2026, according to analysis by Vertical Research Partners for the Financial Times — almost double their combined cash flow at the end of 2021. Five top US defence contractors are forecast to generate cash flow of $26bn by the end of 2026, more than double the amount in 2021. The figures exclude Boeing, given its recent problems and heavy weighting towards civil aerospace. In Europe, national champions BAE Systems, Rheinmetall and Sweden’s Saab, which have benefited from new contracts for ammunition and missiles, are expected to see combined cash flow jump by more than 40 per cent.
When the merchants of death are raising their profit margins. conflict and war are sure to follow.
China is following…
Exclusive: China spent $15.3 billion on Pacific exercises in 2023, internal Taiwan estimates show
…here were the stock jumps on October 7th…
The inevitability of war is being generated by extreme climate change that is pushing countries into failed states alongside geopolitical tensions generated by Israel, Russia, China and the ongoing proxy wars inside Africa funded by the Gulf Petrostates are combining to drive the planet towards never ending conflict.
The impacts of climate change is ushering in an age of permanent resource war.
You were doing quite well until you said “The inevitability of war is being generated by extreme climate change”.
We’re seeing wars in various places because of a ham fisted US government with little understanding of global politics. Also check how many in Congress have shares in these companies…
Trump winning would be a disaster for the World nut it is a worry that Harris has never traveled to Europe or been to the border in USA.
Your point is well made. Already we have a high level of conflict, and increasing global geopolitical tension. As you say, when climate catastrophes start to multiply then the shit will really. hit the fan. Fortress New Zealand will wish it didn’t appear on any maps.
I would argue that “The inevitability of war is being generated by extreme climate change …” should read “The inevitability of war is being generated by extreme greed and selfishness, as it has been for millenia, …”
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