Europe looking to buy US weapons

 Breitbart:

European governments are approaching the United States government and defense contractors with a “shopping list of arms” after the Russian invasion of Ukraine, according to a report.

The list includes drones, missiles, and missile defenses, as the conflict in Ukraine has driven “renewed demand for U.S. weaponry,” Reuters reported Thursday.

According to the report, Germany has inquired about systems to defend against ballistic missiles, as they near a deal for 35 F-35 jet fighters manufactured by Lockheed Martin Corp.

Poland wants to purchase sophisticated Reaper drone systems from the U.S., and requests are coming in from other countries in Eastern Europe.

“Allies are keen to acquire weaponry that Ukraine has successfully used against Russian forces,” including anti-aircraft Stinger missiles and anti-tank Javelin missiles, two people familiar with the demand told Reuters.

Raytheon Technologies and Lockheed Martin Corp stand to benefit from the surge in demand since Raytheon Technologies and Lockheed Martin Corp jointly produce Javelins, and Raytheon makes Stingers.

Since the invasion began on February 24, Lockheed stock has risen 8.3%, and Raytheon shares 3.9%.

Raytheon executive Tom Laliberty told Reuters that the company recognizes “the urgent need to replenish depleted inventories of Javelin and Stinger.”

...

Europe should also be looking to the US for its energy needs and I am not talking about wind and solar.  Relying on Russia was a mistake that Trump tried to warn them about.  Defense contractors may need to add shifts to produce the weapons being ordered and the restocking of US weapons that have been shipped to Ukraine. 

Comments

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more