Despite record spending on armaments: US arms makers under pressure

az Aargauer Zeitung

Despite record spending on armaments: US arms makers under pressure

The arms industry's order books are full because governments worldwide are investing more money in new war materials. But a look at the figures of leading US companies also shows: The arms business is still not very profitable.Renzo Ruf, Washington / ch media In Scranton, Pennsylvania, the arms company General Dynamics produces Haubitzen-Geschosse on behalf of the US Army. Image: Charly Triballeau/AFPWorldwide, arms spending is exploding. More t…