The Real Winners of the War on ISIS?

Shares in Lockheed Martin – maker of the “All for One and One for All” Hellfire missiles – are up 9.3 per cent in the past three months. Raytheon – which has a big Israeli arm – has gone up 3.8 per cent. Northrop Grumman shares swooped up the same 3.8 per cent. And General Dynamics shares have risen 4.3 per cent. Lockheed Martin – which really does steal Alexandre Dumas’ Three Musketeers quotation on its publicity material – makes the rockets carried by the Reaper drones, famous for destroying wedding parties over Afghanistan and Pakistan, and by Iraqi aircraft. MORE