Weapons makers Celebrate Financial rewards of endless War and Terrorism

John Vibes @ thefreethoughtproject.com/  Palm Beach, CA – At a Credit Suisse conference in West Palm Beach, representatives from major defense contractors spoke to their investors about how well business was going in these times of global terrorism and endless war . Representatives from top firms like Raytheon, Oshkosh, and Lockheed Martin were in attendance, in somewhat of a celebration of the escalating conflict in the middle east and Africa. While terrorist attacks usually lead to bad results for the stock market, defense contractors’ share prices soared following the November terrorist attacks in Paris that left 130 people dead. On the Monday after the attacks, Lockheed Martin traded 3.5 percent higher, Northrop Grumman was up 4.4 percent, and Raytheon saw a 4% boost. Lockheed Martin Executive Vice President Bruce Tanner gave a speech openly praising the “indirect” benefits that defense contractors would see as a result of the war in Syria. A portion of […] Read More