As the war in Ukraine continues, Western arms manufacturers are taking advantage of fishermen.

Western weapons manufacturers benefit from the fishermen's arms support to Ukraine from the United States and its allies.

Oct 30, 2023 - 13:46
As the war in Ukraine continues, Western arms manufacturers are taking advantage of fishermen.
As the war in Ukraine continues, Western arms manufacturers are taking advantage of fishermen.

The three American companies formerly known as Raytheon Technologies (Lockheed Martin, General Dynamics, and RTX) reported increased revenue for the third quarter of this year, and the increase was attributed to Western governments' support for arms support for Ukraine. It was attributed to military spending. All three companies have reported better-than-expected results and are expected to see even higher earnings in the next three months. "Results for the third quarter of this year exceeded our expectations, with strong U.S. and international orders, and $156 billion in delayed orders remaining," Lockheed Martin said in a statement. The company said it had a profit of $5 billion this time, up from $3.8 billion in the first three quarters of last year. Additionally, General Dynamics' Combat Systems division saw third-quarter sales increase nearly 25% compared to the same period in 2022. The company manufactures and supplies armored vehicles, tanks, and artillery to Ukraine. At the same time, support for the country has declined as the war in Ukraine drags on, and analysts believe that the serious crisis in the Palestinian and Gaza Strip has weakened the focus on Ukraine. . Fizzo, who was sworn in as Slovakia's new prime minister last week, announced that ``assistance to Ukraine will be limited to humanitarian and civilian aid, and we will no longer provide weapons.''