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Weapon Manufacturers Record Skyrocketing Profits From US Arm Sales in 2022
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WASHINGTON, 26 Jauary 2023, (TON): War has always been big business in the United States. According to the seminal anti-war essay “War is a Racket,” gunpowder manufacturer Du Ponts saw their profits increase by more than 950% during The Great War.
US arms sales to other countries skyrocketed in 2022, providing a tidy sum of profits for weapon manufacturers, according to data released by the State Department.
US weapon sales to other countries, largely driven by NATO’s response to Russia’s special military operation in Ukraine and increased tensions in Asia, jumped from $35.8 billion in 2021 to $51.9 billion in 2022.
Direct weapon sales from US-based weapon manufacturers also saw a massive increase, jumping from $103.4 billion in 2021 to $153.7 billion in 2022.
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