10 Companies That Mint Huge Profit From War
6. Northrop Grumman
Total Sales 2012: $25.2 billion
Total Profit 2012:$2.0 billion
Another Virginia based Northrop Grumman company connects in the pipeline of war benefiters specialized in manufacturing unmanned systems, missile defense radars and critical incident response systems. On February 2012, U.S. Navy accorded the company a contract of $638 million to dispense Navy ships with a networked common computing environment. The arm sales of the company accounts for more than $19 billion in 2012; that is about 77 percent of its total revenue in 2012.
7. EADS
Total Sales 2012: $72.6 billion
Total Profit 2012:$2.0 billion
European Aeronautic Defense and Space Company (EADS) is a Netherland based company that involves manufacture of aircraft, electronics, missiles and space. The arm sale is just 24 percent of company’s total sale. ADS and BAE decided to incorporate in 2012 for $45 billion but the affiliation collapsed in October same year as the German Chancellor Angela Merkel expressed threat to the German government that the decision making might go in the hands of France and UK.
