Big winners of West’s military spending bonanza revealed

"In Europe, BAE Systems and Thales are among the big winners from the Ukraine-arming spree. BAE makes ammo and artillery shells, as well as MILAN anti-tank missiles, which France and Italy sent to Ukraine. It also makes Stormer HVM armored vehicles, which the UK provided to Kiev.

Thales produces the NLAW shoulder-launched anti-tank missiles and the Starstreak anti-aircraft missiles, which Stormer armored vehicles carry as their primary air-defense weapons. The German firm Dynamit Nobel makes the man-portable anti-tank weapon systems Panzerfaust 3 and MATADOR.

The billions in military aid are dwarfed by the hundreds of billions that European NATO members have pledged to beef up their own militaries. Germany alone seeks to invest €100 billion ($105 billion) into its military, while pledges made by 14 other European nations add up to the same amount, according to the report. 

Companies such as the German armor producer Rheinmetall, as well as Lockheed Martin, the American maker of F35 fighter jets, will also partake in the windfall from this."

 

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