The Boeing Company: Raking superprofit from perpetual wars

You are currently viewing The Boeing Company: Raking superprofit from perpetual wars
Download
Download is available until
  • Version
  • Download 62
  • File Size 0.00 KB
  • File Count 1
  • Create Date February 14, 2019
  • Last Updated February 18, 2020

The Boeing Company: Raking superprofit from perpetual wars

The defense industry is a lucrative one in a global situation where wars (be it intra- or interstate) are waged perpetually and simultaneously. In 2016, sales of the world’s top 100 arms manufacturers amounted to a staggering USD 374.8 billion. The top five corporations among the biggest manufacturers captured one-third of that amount. Sixty-two (62) of these companies are based in the United States (U.S.) and Western Europe, accounting for 82.4% of the total sales. Zooming further, U.S.-based companies account for 57.9% of the overall sales.

The Boeing Company (Boeing Co.) is one of the leading corporations in the global arms industry today. The company’s biggest defense client is the U.S., the global top military spender.

Leave a Reply