Defense Bill Heralds Bonanza for U.S. War Industry

The B-21 Raider is unveiled during a ceremony at Northrop Grumman's Air Force Plant 42 in Palmdale, California, December 2, 2022. The high-tech stealth bomber can carry nuclear and conventional weapons and is designed to be able to fly without a crew on board and is on track to cost nearly $700 million per plane.

The Biden White House has shown no sign of pumping the brakes on Ukraine spending and arms transfers. Biden also has made clear he intends to push ahead with the aggressive U.S. military buildup in preparation for future conflict with China, a position with widespread backing across the aisle. With a divided Congress, the 2024 elections looming, and the Trump question hovering over it all, a lot of the Democrats’ legislative agenda will be tough to implement after the new year. But the short and long-term future looks bright for the Russia and China hawks, the defense industry, and its Democratic and Republican patrons on Capitol Hill. On these matters, bipartisanship remains alive and well. The House could vote on the NDAA as soon as this week, and the Senate is expected to swiftly follow suit to get the bill to Biden’s desk.

Source: Defense Bill Heralds Bonanza for U.S. War Industry

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