U.S. ‘War Profiteering’ in Ukraine Is a Red Herring

U.S. ‘War Profiteering’ in Ukraine Is a Red Herring
A U.S. serviceman checks pallets of 155 mm shells ultimately bound for Ukraine, at Dover Air Force Base, Del., April 29, 2022 (AP photo by Alex Brandon).

War is hell, but for large and politically influential defense contractors, it is also good business. This is fueling claims among some NATO allies that the U.S. is profiting from the war in Ukraine. There is no denying that U.S. defense contractors are benefiting, but accusations of war profiteering are simply off base.

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