Wars raise profit outlook for US defence industry in 2024

Big defence firms expect strong demand in 2024 due to perceived aggressive actions from Russia and China. Demand is driven by fear of Russian and Chinese aggression, and to support allies in the Middle East. Increased production of missile defences, such as patriot interceptors, will lead to potential sales boosts. Shares of defence companies are expected to rise. The Aerospace Industries Association CEO stated that US weapons stockpiles were not full before Russia invaded Ukraine.

from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/PAmeREh

Comments

Post a Comment

Popular posts from this blog

They look just like real babies: Why reborn dolls are becoming so popular in the UAE?

Image
Reborn dolls, hyper-realistic baby replicas, are gaining popularity in the UAE as collectibles, therapeutic tools, and novelty items. With lifelike features, accessories, and emotional appeal, they're attracting buyers of all ages. While some find them comforting or educational, others are unsettled by their realism. Globally, the trend sparks both fascination and debate, especially in countries like Brazil. from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/Ajn0pw4
Read more

‘Oficially on strike’: Air Canada flight attendants' strike halts all operations; all you need to know

Image
Air Canada flight attendants initiated a strike on Saturday, leading to the suspension of all airline operations and impacting approximately 130,000 passengers daily. The Canadian Union of Public Employees (CUPE), representing 10,000 flight attendants, is demanding higher wages and compensation for pre- and post-flight duties. Negotiations have failed, with the union rejecting arbitration and the airline's offers as insufficient. from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/OILaRtC
Read more