The Companies Benefitting From North Korea’s Threats
April 14, 2013 in Daily Bulletin
North Korea has recently increased the intensity of its rhetoric. John Hudson looked at the companies who may well be thankful for this:
- Lockheed Martin, Boeing, EADS, and BAE Systems are all trying to sell fighter jets to South Korea. Recent events only make their business case more attractive.
- The rise of drone aircraft has led to a “robotic alliance” between the US, Australia, Japan, and South Korea. Seoul sees them as valuable tools to ward off the threat from North Korea.
- Missiles can cost up to $80,000 a piece, and since South Korea may soon have to replenish its stocks, the share price of firms that produce them have rocketed up.
Read more over here.
Source: Foreign Policy
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