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War-driven defense equipment demand boosts profits for U.S. arms manufacturers
Al Jazeera website reported on the 23rd that geopolitical conflicts, including the U.S.-Israel-Iran war, have driven a surge in demand for American military-industrial companies, as the U.S. Department of Defense steps up replenishment of weapons and aircraft inventory. The profits of four major U.S. defense contractors all increased in the first quarter of this year. (CCTV News)