war profiteering

US Weapons Exporters Lead World in War Profiteering

U.S. weapons exporters lead the world in profits from the booming military arms and equipment business, driven by rising tensions and conflict around the world, according to a new report from London-based analysts. The annual study by IHS Inc.—which looks at military markets in 65 nations, excluding small arms, munitions, and surveillance programs—finds that the United States is behind one-third of all …