Boeing's New Missile Bid: Profits Soar as Wars Expand
Bloomberg's latest report touts Boeing's new partnership with Anduril for the Army’s cruise missile interceptor, presenting it as a normal business transaction. The article mentions the 'Trump administration seeks to broaden the base of weapons suppliers and accelerate production' as if this were good news. What goes unsaid is that Anduril's founder, Palmer Luckey, has leveraged his connections
within Washington, a network solidified by significant political donations and a revolving door between defense contractors and government. While Bloomberg focuses on market dynamics, it bypasses the obvious: the military-industrial complex thrives on escalation, not peace. Boeing, a perennial recipient of massive government contracts, saw its stock price jump again following heightened tensions.
How many new 'interceptors' do we need before the 'free market' decides enough innocent lives have been lost, or does that not factor into quarterly earnings calls?