The High Cost Of Empire: US Weapons Depletion Fuels Concerns
As the United States channels tens of billions of dollars into wars in Palestine and Ukraine, data reveals a concerning depletion in its missile production capacity. Critics argue that the primary beneficiaries are weapons manufacturers, not American security.
Since the Hamas-led attack on Israel on October 7, 2023, U.S. defense companies have significantly outperformed major stock indexes. RTX, which produces the 2,000-pound bunker-busting bombs used by Israel in Gaza, outpaced the S&P 500 by roughly 46 percent.
In 2023, U.S. weapons sales to foreign governments surged 16% to a record $238 billion, as defense contractors report unprecedented demand and growing backlogs.