American Weapons Dealers are Making a Killing Off Israel’s War in Gaza

The merchants of death have to make their money somewhere

United States weapons manufacturers have outperformed major stock indexes throughout 2024 in a rally spurred by Israel's punitive campaign in the Gaza Strip and the new front it has opened in Lebanon.

A report by The Cradle noted that stock funds with holdings in the American aerospace and defense industry, which includes companies such as Boeing, Lockheed Martin, RTX, General Dynamics, Northrop Grumman, and L3Harris, witnessed their profits surpass prior expectations in 2024, outperforming the S&P 500 index.

“That handout of taxpayer funds to Israel coupled with Israel’s, and global, demand increasing for weapons in a period of instability, has been jet fuel for stock prices,” per a report by Responsible Statecraft.

Lockheed Martin, the manufacturers of the F-35 aircraft that the Israeli Air Force has used to bomb Gaza, Lebanon, Syria, and Yemen, netted a 54.86% total return from  October 7,  2023 to the same timeframe in 2024, outperforming S&P 500 by roughly 18%.

RTX, the Manufacturers of 2,000-pound “bunker buster” bombs that flattened most of Gaza and are currently pounding the Lebanese capital of Beirut, witnessed its total return for investors in the past year hit 82.69%, outperforming S&P 500 by nearly 46%.

General Dynamics, which also produces bunker busters and the BLU-109 bombs that Israel used to flatten several apartment complexes in the southern suburbs of Beirut during the assassination of Hezbollah secretary-general Hassan Nasrallah, netted a 37% total return for investors, outperforming the S&P 500 by slightly north of 3%.

On 1 October, when Israel launched its ground invasion of Lebanon and Iran fired hundreds of ballistic missiles as a response to Israeli aggression against Iranian military assets in the last few months, Forbes reported that the stocks of the majority of Americans arms manufacture increased by north of 2.6% in value.

“Both Lockheed Martin and RTX shares booked all-time highs Tuesday, while L3Harris and Northrop Grumman tallied their top share price since 2022,” Forbes reported.

Per the Stockholm International Peace Research Institute (SIPRI), from 2019 to 2023, Israel accounted for 2.1% of all arms imports worldwide. In that same period, the US made up 69% of Israel's weapons imports, whereas Germany made up 30%.

The US remains the planet’s biggest weapons dealer, accounting for 42% of the worldwide weapons arms market. Thanks to the US’s addiction to war and its total occupation by Zionist interest groups, it will continue to foment unrest abroad, especially in the Middle East. 

Until a proper nationalist movement emerges to curtail Israeli influence in US politics and implement a non-interventionist vision instead, the US will remain committed to prosecuting conflicts in areas that are of no strategic interest to the Historic American Nation.