The Russian invasion of Ukraine has been widely condemned for its unjustified aggression. There are legitimate fears of a revived Russian empire and even a new world war. Less discussed is the almost half trillion dollar (£381 billion) defence industry supplying the weapons to both sides, and the substantial profits it will make as a result.
The conflict has already seen massive growth in defence spending. The EU announced it would buy and deliver €450 million (£375 million) of arms to the Ukraine, while the US has pledged US$350 million in military aid in addition to the over 90 tons of military supplies and US$650 million in the past year alone.
Put together, this has seen the US and Nato sending 17,000 anti-tank weapons and 2,000 Stinger anti-aircraft missiles, for instance. An international coalition of nations is also willingly arming the Ukrainian resistance, including the UK, Australia, Turkey and Canada.
