DefenceTalkUS arms manufacturers are not cashing in directly from the thousands of missiles, drones and other weapons being sent to Ukraine, but they do stand to profit big-time over the long run by supplying countries eager to boost their defenses against Russia. Like other Western countries, the United States has turned to its own stocks […]https://www.defencetalk.com/us-defense-contractors-see-longer-term-benefits-from-war-in-ukraine-78575/

DefenceTalkThe big-spending Pentagon opened a campaign Tuesday against the consolidation of defense contractors, saying competition has dwindled as arms suppliers merge and supersize. In an official report, the Department of Defense (DoD), which has a budget of $768 billion this year, said the shrinking number of suppliers threatens national security and limits the potential for […]https://www.defencetalk.com/pentagon-fights-defense-industry-consolidation-77947/

DefenceTalkRaytheon Technologies Corporation announced the successful completion of the all-stock merger of equals transaction between Raytheon Company and United Technologies Corporation on April 3, 2020, following the completion by United Technologies of its previously announced spin-offs of its Carrier and Otis businesses. Headquartered in Waltham, Mass., Raytheon Technologies is one of the largest aerospace and […]https://www.defencetalk.com/united-technologies-and-raytheon-complete-merger-of-equals-transaction-75078/

The turnover of the 100 biggest arms manufacturers came to $420 billion, thanks in large part to the U.S. market, said the report; U.S. manufacturers alone accounted for 59% of the market, or a turnover of $246 billion, up 7.2% on the previous year Arms sales rose by nearly 5% worldwide in 2018 in a […]