That the U.S./NATO-instigated war in Ukraine could result in a third world war is of major concern for all of humanity, especially workers and oppressed people who ultimately bear the brunt of any war. Yet for some global billionaires — today’s ‘masters of war’ — this conflict is seen as an opportunity to further boost profits. Among those already reaping gains are companies involved in the production and sale of weapons, planes and other military hardware. This includes 14 of the world’s 20 largest “defense” companies headquartered in the U.S. Topping this list are Lockheed Martin, Boeing and Raytheon Technologies, which had combined arms sales in 2019 nearing $100 billion.

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