Profitability in the defense business
441.00 Dollar US$
September 29, 2024
United States, Arkansas, Alexander
14
Description
Profitability in the defense business has been declining since 2020 and started losing money in 2022. From 2022 to 2024 losses should total about $6 billion cumulatively, including Wall Street's estimates for the second half of this year. Still, it felt like something had to give.
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