No war profits in this economy, no sir!

[barbara100 at jps.net]

Also see:

Lockheed profit boosted by war 

Richard Wray
Wednesday April 23, 2003
The Guardian 

The war dividend paid out yesterday for US defence group Lockheed Martin as it announced a jump in first quarter profits and raised its forecast for the coming year. 

http://www.guardian.co.uk/Iraq/Story/0,2763,941580,00.html




> 
> War propels Exxon profits to record $7bn 
> 
> Terry Macalister
> Friday May 2, 2003
> The Guardian 
> 
> ExxonMobil, the world's biggest privately owned oil
> group and a target of street protesters, celebrated
> May Day by reporting the largest quarterly corporate
> profits in history at $7.04bn (£4.4bn). 
> 
> [...]  Crucial to the surge in profits was the rising
> global price of oil, which averaged record highs
> across the three-month period, buoyed by fears of a
> supply gap due to the war in Iraq. 
> 
> <http://www.guardian.co.uk/business/story/0,3604,941560,00.html>
> 
> Lockheed profit boosted by war 
> 
> Richard Wray
> Wednesday April 23, 2003
> The Guardian 
> 
> The war dividend paid out yesterday for US defence
> group Lockheed Martin as it announced a jump in first
> quarter profits and raised its forecast for the 
> coming year. 
> 
> The company, whose F-16 and F-22 fighter jets were
> used extensively by the US during the war in Iraq, saw
> profits rise to $250m (£160m) in the first three
> months of the year from $224m a year earlier. 
> 
> [...] 
> 
> Smaller rival Raytheon, which has been dogged by
> problems in its aircraft business, revealed a jump in
> sales at the unit which manufactures the Tomahawk
> cruise missile, also used in Iraq. 
> 
> [...] 
> Defence electronics group L-3 saw its shares rise as
> the company reported a dramatic rise in profits to
> just under $50m for the first quarter, against $5m the
> previous year. 
> 
> The manufacturer of bomb detection equipment for
> airports and other security-conscious areas reported a
> rise in sales to $1.1bn from $700m. [...] 
> 
> 
> 
> ====<http://www.pynchonoid.blogspot.com/>
> 
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