War Is Good...For Arm's Companies Profits

War may be good for undertakers and Governments trying to deflect attention away from their own misdemeanors but the obvious winner is the arms companies and the war in Ukraine is just such an opportunity.
Europe's decision to help arm Ukraine with anti-tank and anti-aircraft missiles has proved a major boon for the world’s defence contractors, the shares for BAE Systems, the largest player in Europe, is up 26% and the US groups, Lockheed and Raytheon have seen their share price increase but they expected that, the Chief Executive of Raytheon telling investors that with regrds to the ongoing conflict in Ulkarine: 'I fully expect we’re going to see some benefit from it'.
The biggest risk to investors, as explained by Richard Aboulafia, managing director of US defence consultancy AeroDynamic Advisory, is that: 'the whole thing is revealed to be a Russian house of cards and the threat dissipates'.
So the arms companies were hoping the war would start, because it would boost shares prices because heaven forbid in the World of Capitalism, someone isn't turning a profit from all the awful death and destruction.