Successes in Ukraine… US Defense orders Stinger missiles for $ 680 million
The war in Ukraine was a great success…. for the US military armament complex. 1,400 Stinger backpackable surface-to-air missiles have already been sent to Ukraine, greatly diminishing the availability of the US and NATO in general. Among other things, European countries are buying more missiles for self-defense and a solution is needed. Here it is: the Pentagon has apparently found a solution… in the form of more, more, more taxpayer money. "The US military has signed an agreement to purchase $ 687 million worth of Stinger anti-aircraft missiles to replenish stocks sent to Ukraine, the sources said on Friday," Reuters reported .
Stingers are "in high demand": " Raytheon Technologies' shoulder-mounted anti-aircraft Stinger missiles were in high demand in Ukraine, where they successfully stopped Russian assaults from the air, and in neighboring European countries which fear they may also need repel Russian forces, ”Reuters further writes.
Raytheon's Hayes had described that “ the Department of Defense hasn't bought a Stinger in about 18 years. And some of the components are no longer commercially available, so we'll have to go out and redesign some of the electronics in the seeker's head missile . "
So the Stingers, however, won't be available right away. After all, who thought that a war could happen that would make them use. Orders placed cover production until 2023-24, not least because the replacement is heavily overdue by design and will not be available until 2028. So Raytheon will be able to make a profit with an outdated product, preparing to make more with its replacement. .
However, Raytheon is not the only economic winner of the conflict in Ukraine: Lockheed has amassed orders worth $ 1 billion.
By the time the war is over, Lockheed Martin will be worth $ 1 quadrillion. https://t.co/Lkw68nQgVh
– zerohedge (@zerohedge) May 19, 2022
Meanwhile Zelensky is also asking for M-270 launchers, and, if we think about it, no really complex weapon systems, like planes, have even been sent. Yet the US arms companies have managed to make a good cash, albeit with technically outdated products. And Biden can boast that Ukrainians call their children "Javelin" or "Javelina". Lucky him…
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The article Successes in Ukraine… The US Defense orders Stinger missiles for 680 million dollars comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/successi-in-ucraina-la-difesa-usa-ordina-missili-stinger-per-680-milioni-di-dollari/ on Sun, 29 May 2022 14:08:45 +0000.