Channel: CNBC

Category: News & Politics

Tags: cnbcvolodymyr zelenskyymoscowunited stateschina relationsgas pricesukraine presidentnuclear wesaponsgovernmentnuclear warrussianatobusinesspresident joe bidennato defensecold warstock marketwarkyivcable newsworld newsfinance stockfinancial newsfinance newsrussia presidentukraineus newsstock market newsvladimir putinsanctionsbreaking news

Description: Defense companies secure billions of dollars every year from government contracts to maintain and construct nuclear weapons. The Congressional Budget Office projects that the U.S. government could spend $634 billion between 2021–2030 on nuclear forces. Many of these companies like Northrop Grumman, General Dynamics, Lockheed Martin and Raytheon have seen a rise in stock prices amid Russia’s invasion of Ukraine. Watch the video above to learn about the companies profiting off of nuclear weapons and how the investor community feels about it. » Subscribe to CNBC: cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: cnbc.com Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: cnb.cx/LikeCNBC Follow CNBC News on Twitter: cnb.cx/FollowCNBC Follow CNBC News on Instagram: cnb.cx/InstagramCNBC #CNBC The Big Business of Nuclear Weapons Manufacturing