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re: Defense Contractors Expected to Make Roughly $20 Billion from Ukraine Aid in Omnibus Bill
Posted on 12/23/22 at 1:52 pm to cajunangelle
Posted on 12/23/22 at 1:52 pm to cajunangelle
You do understand that a company getting a million dollar contract from the government doesn’t “make” a million dollars?
2
Posted on 12/23/22 at 2:39 pm to doubleb
quote:
You do understand that a company getting a million dollar contract from the government doesn’t “make” a million dollars?
48% of Raytheon's sales in 2021 were from government contracts. Their profits in 2021 were about $3.6 billion. These companies get filthy rich off the American taxpayer.
Posted on 12/23/22 at 2:49 pm to cajunangelle
Now you know why Rs voted for this.
Posted on 12/23/22 at 3:12 pm to SCLibertarian
quote:
48% of Raytheon's sales in 2021 were from government contracts. Their profits in 2021 were about $3.6 billion. These companies get filthy rich off the American taxpayer.
3.6 B in profits but what were their revenues?
Posted on 12/23/22 at 3:17 pm to doubleb
Doesn't matter, they are all corrupt.
Posted on 12/23/22 at 3:27 pm to doubleb
$65B
Posted on 12/23/22 at 3:29 pm to cajunangelle
Well doesn’t that make you want to crank up the Lee Greenwood.
Posted on 12/23/22 at 3:33 pm to SCLibertarian
quote:
These companies get filthy rich off the American taxpayer.
And that means all their employees and everyone invested in their stocks(including hundreds of mutual funds/pensions) does well.
Not the worst use of government funds I’ve ever heard about
Posted on 12/23/22 at 3:38 pm to CFDoc
quote:
$65B
So they made a 5% profit. Is that too high?
Posted on 12/23/22 at 4:52 pm to blueridgeTiger
quote:
Raytheon executives will make big bonuses. Raytheon executives will make substantial political contributions (guess to whom).
These defense guys saw big pharma gorge at the trough these last 2 years. They damn sure were going to get theirs too.
Banks working on another round for themselves as well.
This post was edited on 12/23/22 at 4:54 pm
Posted on 12/23/22 at 4:57 pm to cajunangelle
Its a good thing we dont have state owned companies. Our companies are so good they dont need government support!
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