FULL ARTICLE HERE – https://www.abc.net.au/news/2023-01-21/us-arms-industry-military-spending-profits-ukraine-war-russia/101843752?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web
As the war in Ukraine heads towards the one-year mark, so far there has been only one clear winner — the US arms industry.
There is no way Ukraine would have been able to hold out against Russia without American weapons.
But as the conflict rages on, there have been accusations from some EU officials that the US is profiting from the war through weapons sales and gas prices.
Meanwhile, analysts have warned of excessive spending and the US military-industrial complex (MIC) expanding beyond what is needed in response to Ukraine.
Defence budgets are also booming worldwide as countries replenish stocks sent to Ukraine and try to boost military capabilities in the face of mounting security threats.
Ultimately, the US defence contractors are set for a bonanza.