Re:The Military-Industrial Stock Buyback Complex
by aynyc on Sunday April 16, 2023 @12:01PM
(#35591200)
Yes, they were. Back in WWII, pretty much every companies were in the war effort. IBM made rifles and Ford made bombers (B-24s).
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Re:The Military-Industrial Stock Buyback Complex
by whitemary on Sunday April 16, 2023 @12:18PM
(#35591374)
Those were "public" as in state-controlled. These are "public" as in publicly traded. Very big difference.
Re:The Military-Industrial Stock Buyback Complex
by yunohn on Sunday April 16, 2023 @12:20PM
(#35591386)
WW2: 1939-1945
IPO years per my research -
Raytheon: 1952
Boeing: 1962
Lockheed Martin: 1994
Northrop Grumman (pre merger): 1939
Hard to find clear sources on this, but doesn’t seem like the major defense contractors we’re talking about were public during WW2.