Nearly two years later, big defence firms are singing a different tune, with several expecting strong demand in 2024 as the US and its allies load up on…
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Wars raise profit outlook for US defence industry in 2024
WASHINGTON: When the Pentagon pulled the world’s biggest defence contractors into a meeting to tell them to ramp up production shortly after Russia invaded Ukraine, one CEO hesitated, saying they did not want to be stuck with a warehouse full of rockets when the fighting stopped, according to three people familiar with the discussion.
Nearly two years later, big defence firms are singing a different tune, with several expecting strong demand in 2024 as the US and its allies load up on…
Nearly two years later, big defence firms are singing a different tune, with several expecting strong demand in 2024 as the US and its allies load up on…