United States Rides Weapons Bonanza Wave

United States Rides Weapons Bonanza Wave

War, instability, and high oil prices have created a perfect storm of profit for the world’s weapons manufacturers. This year, FPIF columnist Frida Berrigan reports, defense military analysts predict the biggest arms bonanza since 1993 … which is saying something because in the aftermath of the first Gulf War the global industry reaped the benefits of a $42 billion arms race.