“Wars and profits ... Record Rheinmetall weapons, Saab, Leonardo on the podium ”is precisely the title of the Sole 24 Ore who yesterday dedicated With great satisfaction an entire page to the immense profits that companies who come weapons and weapon systems are doing.
2,500 billion dollars
It is the approximate figure of the
military expenditure, of which 345 billion only in Europe.
And the cynicism of these delegated administrators of systems of
death is clear: «« He made Putin more for our sector than the
CEO of companies of the last 20 years ", he observes in via
confidential the A.D. of an Italian company that made acquisitions in the North
America and in Great Britain. "
And that of Rheinmetall: «« A few months ago, people
He wanted to forbid us, to say that this industry is a very bad industry, it is
A harmful industry, "said the CEO of Rheinmetall"
Now he says the Financial Times has become the "star of the new era of defense
of the country "".
We are faced with an impressive industrial production,
With the relative need for raw materials of all kinds, starting from the steel,
And that makes "increasing employment" says the article of the owner's newspaper
Italians.
Weapons are used, they are destroyed quickly and quickly
you have to reproduce them! This is one of the ways that the bourgeoisie puts in place to "overcome"
The economic crisis of capitalism-imperialism.
As you know, the expenses for the armaments make the states with
consequent increase in public debt that weighs everything on the proletariat and popular masses, while the profits are "shareholders" ...
We report in full below the article of the Sole 24 Ore,
Where of course we are not talking at all about the effects that these armaments and these wars have on the peoples of the world!
Imperialism is war!
All’imperialism war!
**
First floor
Wars and profits
Record Rheinmetall weapons, Saab, Leonardo on the podium
The industry. In Europe last year 345 business
billions of dollars. The ongoing wars make the orders sketch
great players
World military spending in 2023 has increased for the ninth consecutive year in real terms, to a sum that approaches 2,500 billion dollars. Are the advances anticipated by Dan Smith, director of the Sipri, the Institute of Stockholm that is accurate international analyzes on the weapons sector e of the defense industry. The final data will be published in April, but It is already known that "spending last year increased at a rhythm supported in 2023 and - observes Smith - will also increase this year and for the next few years, but not forever".
Two years after the start of the Russia war against Ukraine
and in the middle of the Israel war against Hamas in Gaza, the industry of
Defense is in full expansion, especially in Europe.
Expenses in Europe
Military spending in Europe last year arrived
around 345 billion dollars, according to Sipri, compared to 230 billion
of 2014, the year in which the controversial was established in the NATO Summit of Newport
political objective of raising the military spending of the "allies" of the States
United at least to 2% of the GDP.
The two wars in progress have dilated the orders portfolio
of the large producers in the sector and the supplier chain. The commitments of
increase the expenditure announced by European governments have increased the interest
of investors.
The boom of orders
The new orders have transformed the fate of the contractors
European defense, with the aggregate orders portfolio of the first sects
Companies - including Bae Systems, Leonardo and Saab - which has risen to almost record levels
of over 300 billion dollars, underlined the Financial Times.
Between 2020 and 2022 the main 15 industrial groups
of the world defense have increased the overall order portfolio by 76.4
Billions of dollars: the order of orders went from 701.2 billion dollars
at the end of 2020 to 777.6 billion at the end of 2022.
Exhausted ammunition
The war in Ukraine led to the exhaustion of stocks
national ammunition and other artillery, they above all benefited from it
German Rheinmetall and the Finnnico-Norvegese Nammo, together with the other producers
of ammunition, the French Nexter and the British Bae Systems. About one year ago
The EU Commission has undertaken to deliver a million bullets of
artillery to Ukraine by the end of March, they have so far been delivered
about 300 thousand. Production in military factories is at most and investments
To enhance the production capacity they will still need a couple of years for
be completed.
Even explosives and propeller suppliers, including the
British Chemring and the French Eurenco, were the winners. The Italian Avio
Spa, which produces the Vega spatial pitcher, saw triple about the
12% of revenues the weight of military production, for MBDA missile engines.
Essili mbda
MBDA is the European missile company participated by BAE,
Airbus (37.5% each) and Leonardo (25%).
After ensuring orders for a value of 9 billion
In 2022, the largest MBDA European missile manufacturer last year has
obtained contracts for 6 billion pounds for air defense equipment
with Poland, as well as contracts with Germany and France to increase production
of missiles. «We are witnessing a rapid evolution of the threats on the field
of battle that the industry must adapt to face. The equipment for
Air defense are in great demand, "said Eric Béranger, administrator
delegate of the group.
Also Mbda, who in Italy is led by Giovanni Rescdata
After the appointment of Lorenzo Mariani to Leonardo's co -director general, he had
a strong expansion of orders and turnover (about 4.5 billion in
2023). In the last two years the orders received have been more than double the revenues
And there is a strong growth in employment.
Rheinmetall in the first place
Among the main producers, Rheinmetall has enjoyed the most
Great change in his fortunes. Has gone from being neglected by many
investors for ethical considerations to «Star of the new era of the defense of
country, "wrote the Financial Times.
«A few months ago, people wanted to forbid us, to say that
This industry is a very bad industry, it is a harmful industry, "he has
declared the CEO of Rheinmetall, Armin Pappenger, al
British newspaper shortly after the announcement of the German Chancellor, Olaf Scholz,
In February 2022 that Germany would have increased with a fund
The military expenditure is extraordinary of 100 billion, in response to the invasion
Russian of Ukraine. "Now it's a completely different world." This year the
Germany should first reach an expense of at least 2% of
GDP. Italy spent 1.46% of GDP in 2023 and has the aim of reaching the
2% by 2028.
Who earns more on the bag
On the stock exchange, the increased actions more are those of
Rheinmetall, a company that produces cannons, ammunition, armored and participates in the
Construction of the Leopard tank, of which the kmw (Krauss-Maffei is the leader
Wegmann). The shares went up from 83.06 euros on January 2, 2022 to the current
411 euros, with an increase of 494%, almost quintuple. Rheinmetall is
committed to increasing the production of artillery bullets, has acquired
The Spanish company Expal Systems and provides that total sales will double
by 2026 compared to last year.
The Swedish Saab, who is a sort of little Leonardo,
It produces from hunting (Grpen) to missiles, was the second by increasing
value on the stock exchange, +339% from early 2022 to 26 February.
Leonardo's growth
In third place in this ranking the former Finmeccanica, the
which has long been depressed in recent years, he took off when
Vladimir Putin has invaded Ukraine. At the end of 2021 the Leonardo shares were worth
6.30 euros, on February 26 19.98 euros, more than tripled (+217%). “He did more
Putin for our sector that the managing directors of the companies of the
Last 20 years ", observes the A.D. of an Italian company that
He made acquisitions in North America and Great Britain.
Europeans better than the USA
The British Rolls-Royce are followed for the stock exchange in the stock exchange
(+189%), the Norwegian Kongsber (+149%), the British Bae Systems (+113%), the main one
European company in the sector.
In the stock exchange, European companies have had a trend widely
Better than the big companies in the United States, such as Lockheed Martin
(+20%), General Dynamics (+29%), Huntington Ingalls (+54%), ship producer
military.
The French Nexter, meanwhile, has increased production
of the obedhery Caesar, a long -haul cannon, widely used by the Army of Ukraine,
Fragmented expense
The other side of the medal of the trend so positive
of the European companies that produce weapons and defense systems is that the expense
European is fragmented in many national streams and it is not very efficient respect
to the United States. In other words, much more is spent in Europe but with
less efficiency.
Leonardo's moves
In particular, in the terrestrial armaments in Europe there are
17 different weapon systems, in the United States there are 4.
Leonardo's preliminary agreement with KNN, the joint venture that unites Nexter
With kmw, to collaborate in the production of new tanks, both Leopard 2
To replace the ram of the Italian army, it is a project of
collaboration for new means for exports. The parties are negotiating for
get to close a final agreement within this year.
Leonardo's leaders, the A.D. Roberto Cingolani and the
co -director general Lorenzo Mariani, also explore a possible agreement with
Rheinmetall for armored. The goal is to replace the old army dart,
The candidate is the German Lynx (already bought by Hungary), which would come
Italianized with supplies of the Melara Oto. Attentive to the game is also Iveco
Defense (Iveco-Exor group), who collaborates with Leonardo in the CIO CIO for
terrestrial armaments.
Renk landed on the stock exchange
Susanne Wiegand, A.D. of the Bavarian Renk, which he produces
gears and broadcasts for tanks and fregots, said that the speed
with which European governments are trying to increase their skills
military would encourage greater standardization.
This would contribute to tackling the bottlenecks in the
defense supply chains and would allow companies of
expand, he said.
The war between Israel and Hamas was an "alarm bell"
For German investors, according to the A.D. by Renk. The company was
listed in Frankfurt this month, after the company was forced to delete
The initial public offer planned last year due to the conditions
market. To improve the prospects and reopen the path of listing
were the effects of Hamas's attack in Israel on 7 October last and the
Subsequent war unleashed by Israel in Gaza.
The sun 2 hours 28 February '24