August 24, 2022
For arms manufacturers, war is great for business. Even before Russia invaded Ukraine six months ago, global military spending was already on an upswing, to the tune of $2 trillion last year. Now, the US and its allies are splashing around a lot of dough to send the Ukrainians weapons to defend themselves against the Russians — to the delight of anyone who owns shares of the companies that make those arms. We take a look at how the stock prices of the world's top listed defense companies have performed in 2022 so far.
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