Make a lot of money! US Loma Company's Q2 Business Growth Continues to Generate War Wealth Loma Company | Company | US Loma Company
Lockheed Martin recently released its second quarter financial report, which showed significant growth in its business. According to the financial report, Lockheed Martin's net sales for the second quarter of 2023 were $16.7 billion, a year-on-year increase of 8%. The net income for the second quarter of 2023 was $1.7 billion; And the net income for the same period last year was 309 million US dollars, which also showed a significant increase.
Jim Tyclett, Chairman, President, and CEO of Loma Corporation, stated in his financial report that due to the company's strong performance from the beginning of the year to the present, as well as "sustained market demand," Loma Corporation has raised its full year sales and earnings per share expectations for 2023. Reuters reported that under the Russia-Ukraine conflict, defense contractors successfully converted the demand for air defense systems, missiles and other weapons into orders.
![Make a lot of money! US Loma Company's Q2 Business Growth Continues to Generate War Wealth Loma Company | Company | US Loma Company](https://a5qu.com/upload/images/9f59cc500f2479ad00a6428069273fd3.jpg)
From the stock price of Loma, on February 25, 2022, the day after the beginning of the Russia-Ukraine conflict, the stock price of Loma was 409.49 dollars per share; On July 19, 2023, the stock price of Loma Company was $451.51 per share, up 10.3%; On the whole, the share price for more than a year was significantly higher than that before the beginning of the Russia-Ukraine conflict.
American and Western arms dealers make great war profits
![Make a lot of money! US Loma Company's Q2 Business Growth Continues to Generate War Wealth Loma Company | Company | US Loma Company](https://a5qu.com/upload/images/b21b87c03cf9156aa0a05a22c98afda9.jpg)
Since the beginning of the Russia-Ukraine conflict, the United States and other western countries have continued to provide weapons to Ukraine, fuelling the conflict. From the "Hamas" long-range rocket launcher system to the recent F-16 fighter jets, these iconic products of Loma Company are constantly being sent to the battlefield, and as a result, American and even Western arms dealers represented by Loma Company have seen a significant increase in orders, profiting greatly from the Ukrainian crisis.
Former New Jersey judge and former Fox News legal analyst Napolitano: We know what the military industrial complex wants, they want to produce weapons 24/7.
![Make a lot of money! US Loma Company's Q2 Business Growth Continues to Generate War Wealth Loma Company | Company | US Loma Company](https://a5qu.com/upload/images/356a818ab66572059648e1beb0d51e90.jpg)
Former US Marine Corps intelligence officer Scott Ritter: This is a private enterprise, doing business, requiring contracts, and wanting these requires long-term contracts.
Stephanie Britto, Coordinator of the Secretariat of the Brazilian anti war organization "International People's Congress": The increasing military support provided by the US and the West to Ukraine will only prolong the conflict. In the past year and a half, there has been an opportunity for peace talks between Russia and Ukraine, and peace talks should also be the solution to the problem. However, the United States, as the driving force behind the peace talks, does not want peace talks because the Russia-Ukraine conflict continues and the United States is profitable.
![Make a lot of money! US Loma Company's Q2 Business Growth Continues to Generate War Wealth Loma Company | Company | US Loma Company](https://a5qu.com/upload/images/e174ade35894a471d71d45db7ece2e78.jpg)