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US armament manufacturers hit by inflation

Price increases of up to 7.5 percent on estimates of 2.2 percent make deals difficult

Rising labor costs and fuel expenditures are having a major economic impact on the US arms industry. Many companies, as well as large Groups, are struggling to sign new contracts with the US Department of Defense. It's all because of the rising cost of weapons and military systems that must balance the Pentagon's budget with market values.It is enough to look at the situation of Lockheed Martin, which...

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AVIONEWS - World Aeronautical Press Agency
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