The Russia-Ukraine conflict is a boon for American defense contractors, which are in line to profit from increased Western military spending to bolster Kyiv’s forces and adapt to instability in the region.
“There’s an old saying: ‘A high tide raises all ships.’ So I think when you start putting that kind of money into the pipeline, certainly we want our companies to compete for that,” said Arnold Punaro, a retired three-star general and former staff director on the Senate Armed Services Committee who now works as a defense industry consultant.
Read more: https://thehill.com/policy/defense/598192-ukraine-conflict-a-boon-for-defense-industry/