August 4, 2015

The Company Getting Rich Off the ISIS War

For the Middle East, the growth of the self-proclaimed Islamic State has been a catastrophe. For one American firm, it’s been a gold mine.

The war against ISIS isn’t going so great, with the self-appointed terror group standing up to a year of U.S. airstrikes in Syria and Iraq.

But that hasn’t kept defense contractors from doing rather well amidst the fighting. Lockheed Martin has received orders for thousands of more Hellfire missiles. AM General is busy supplying Iraq with 160 American-built Humvee vehicles, while General Dynamics is selling the country millions of dollars worth of tank ammunition. Read more.

Daily Beast

No comments:

Post a Comment