Israel has a bill to bolster the profits of Lockheed

Lockheed Martin Corp and RTX Corp, fresh off a surge of orders in response to Russian aggression against Ukraine and the war in Gaza, stand to profit from $95 billion of mostly new weapons funding as the increasingly drawn out conflicts renew demand for pricey equipment. On Wednesday, President Joe Biden signed a hard-fought bill into law that provides billions of dollars of new U.S. aid to Ukraine for its war with Russia, including $61 billion for Ukraine and $26 billion for Israel. "There are now factories breaking ground around the country," because of the new funding and several recent "supplemental" funding rounds, said the Pentagon's acquisitions chief Bill LaPlante on Wednesday.

Lockheed Martin Corp and RTX Corp, fresh off a surge of orders in response to Russian aggression against Ukraine and the war in Gaza, stand to profit from $95 billion of mostly new weapons funding as the increasingly drawn out conflicts renew demand for pricey equipment. On Wednesday, President Joe Biden signed a hard-fought bill into law that provides billions of dollars of new U.S. aid to Ukraine for its war with Russia, including $61 billion for Ukraine and $26 billion for Israel. "There are now factories breaking ground around the country," because of the new funding and several recent "supplemental" funding rounds, said the Pentagon's acquisitions chief Bill LaPlante on Wednesday.