Middle East War Adds to Surge in International Arms Sales

Cause fuck peoples lives, their hopes and dreams... Gotta get them dollar bills.

😪

This is the best summary I could come up with:

Even before Israel responded to the deadly Hamas attack, the combination of Russia’s invasion of Ukraine and the perception of a rising threat from China was spurring a global rush to purchase fighter planes, missiles, tanks, artillery, munitions and other lethal equipment.

Worldwide military spending last year — on weapons, personnel and other costs — hit $2.2 trillion, the highest level in inflation-adjusted dollars since at least the end of the Cold War, according to the Stockholm International Peace Research Institute, which prepares an annual tally.

The intense demand for more military firepower has also encouraged other arms-producing nations, like Turkey and South Korea, to increase their exports, giving purchasers more options at a time when production shortfalls in the United States mean it can take years for orders to be filled.

“Russia’s invasion of Ukraine is reshaping spending priorities, driving nations to better prepare for existing and future threats,” Vince Logsdon, a retired Air Force colonel now at Boeing, which recently pitched Poland to buy a new fleet of its F-15EX fighter jets.

In the days after the attacks by Hamas in Israel, Mr. Biden announced that the United States was already moving to send additional ammunition and Iron Dome interceptor missiles made by Raytheon and Rafael, an Israeli military contractor.

The boom in sales will help the Pentagon confront a weakness apparent after Russia invaded Ukraine in February last year: the capacity of the defense industrial base in the United States to produce weapons fast enough at a time of intensified superpower tensions.

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