The Spark

the Voice of
The Communist League of Revolutionary Workers–Internationalist

“The emancipation of the working class will only be achieved by the working class itself.”
— Karl Marx

A Bonanza for War Profiteers

Mar 14, 2022

The war in Ukraine is a huge bonanza for U.S. arms manufacturers. Lockheed Martin and Raytheon, the makers of the Stinger and Javelin missiles sent to Ukraine, saw their stock prices rise 16% and 3% since the invasion began. Both companies brought in around 17 billion dollars in 2021—they are huge companies that profit by making engines of death.

Raytheon’s CEO, speaking of the expected war in Ukraine, said “I fully expect we’re going to see some benefit from it.” Moreover, while these shipments may slow down the Russians, the weaponry can only prolong the war.

The Biden administration’s intent appears to be to make Russia pay in treasure and lives—though a longer war means more death and destruction for Ukrainians and Russians. Slaughter of civilians and a threat of nuclear holocaust—that is what this escalation of war carries in its wake.