22.07.2014 - 18:44 [ James Petras ]

The Soaring Profits of the Military – Industrial Complex And the Soaring Costs of Military Casualties

There are two major beneficiaries of the two major wars launched by the US government: one domestic and one foreign. The three major domestic arms manufacturers, Lockheed Martin (LMT), Northrop Grumman (NOG) and Raytheon (RTN) have delivered record-shattering returns to their investors, CEOs and investment banks during the past decade and a half.