and the winners are
Estimated number of U.S.-(taxpayer)-paid private contractors in Iraq: More than 180,000.
Effect of Iraq War spending on the profits of major weapons corporations: Northrop Grumman has just announced a 15% second-quarter increase in sales over 2006 for its information and services division, 7% for its electronics division; General Dynamics' combat systems unit just recorded a 19% rise in sales. Lockheed Martin's profits went up 34% to $778 million.
-- from
All-time highs in Iraq (see also
Afghanistan and Iraq boost BAE profits)
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