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The Latest Breaking News from Rayon

Ukraine war boosts weapons makers' stock prices, but revenue to take years to flow through

When Russia launched its invasion of Ukraine at the end of February, the stock prices of many of the world's biggest arms manufacturers spiked. However, most of the hardware being sent to Ukraine is coming from donor nations' existing inventories.

ABC News

Biden to plug manufacturing initiative at Ohio metal company

President Joe Biden is set to announce that five major U.S. manufacturers have made commitments to boost their reliance on small and medium American firms for 3D printing

The Independent UK

Push to arm Ukraine putting strain on US weapons stockpile

When President Joe Biden visits a Lockheed Martin plant on Tuesday that manufactures an antitank weapons system, he’s certain to herald the U.S.-made arms as a gamechanger in Ukraine’s stiff resistance to the Russian invasion

The Independent UK

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Shrinking U.S. Stinger missile supply faces re-stocking challenges

Shoulder-fired Stinger missiles are in hot demand in Ukraine where they have successfully stopped Russian assaults from the air, but U.S. supplies have shrunk and producing more of the anti-aircraft weapons faces significant hurdles.

Reuters

Ukraine fuels massive arms gold rush

Putin's war is a tragedy for the world, but it already has big winners: Weapons firms and the Pentagon budget

Salon

War pundits profit from contractor ties

Recent analysis found 20 of 22 guests on mainstream networks had ties to the arms industry or its boosters

Salon

Pentagon to meet largest US arms makers over Ukraine: Reports

The top eight defence contractors are invited to the meeting, which is reportedly aimed at upping assistance to Ukraine.

Al Jazeera

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Ukraine: the world's defence giants are quietly making billions from the war

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…

The Conversation

Defense and cybersecurity stocks climb amid Russia’s invasion of Ukraine

Most major US markets closed lower after regaining some losses but defense contractors continued to gain

The Guardian - US

Australia’s Future Fund has invested over $90m in weapons manufacturer Raytheon

FoI requests reveal sovereign wealth fund also has investments in arms companies linked to Myanmar military

The Guardian - AU

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