Defense Contractors Expected to Make Roughly $20 Billion from Ukraine Aid in Omnibus Bill

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Defense contractors such as Raytheon and Lockheed Martin have already cashed in big on the Russian invasion of Ukraine. Raytheon produces the Javelin anti-tank missile that has been wildly effective for defense against Russian armor, as well as the Patriot missile defense system, which Secretary of State Antony Blinken announced the U.S. would provide to Ukraine on Wednesday. That system costs approximately $1.1 billion.

Lockheed Martin, on the other hand, was recently awarded a $500 million contract to send more HIMARS to Ukraine. (RELATED: ‘Your Money Is Not Charity’: Zelenskyy Thanks Biden For Billions In New Aid During Congressional Address)

The State Department announced $1.85 billion in new defense aid for Ukraine on Wednesday, which includes the Patriot defense systems. There appears to be continued bipartisan support for supplying military aid to Ukraine into 2023, even as Republicans take control of the House of Representatives in January.

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Eighteen Senate Republicans voted to pass the $1.7 trillion omnibus package Thursday that includes hundreds of billions in defense and domestic spending.

The final vote on the 4,155-page bill was 68-29.

Republican Sens.

Roy Blunt (MO)
John Boozman (AR)
Shelley Moore Capito (WV)
Susan Collins (ME)
John Cornyn (TX)
Tom Cotton (AR)
Lindsey Graham (SC)
Jim Inhofe (OK)
Mitch McConnell (KY)
Jerry Moran (KS)
Lisa Murkowski (AK)
Robert Portman (OH)
Mitt Romney (UT)
Mike Rounds (SD)
Richard Shelby (AL)
John Thune (SD)
Roger Wicker (MS)
Todd Young (IN)

all voted in favor of the legislation.