Edina bullet maker can't meet Army demand
"Here's a new measure of the intensity of the fighting by the U.S. military:
Alliant Techsystems Inc., the Edina-based munitions maker that is the U.S. Army's sole supplier of bullets, said Thursday it can't keep up with demand from the Army, which is rising to its highest level since the Vietnam War."
"...Alliant said it expects to earn between $3.85 and $3.95 a share in fiscal 2005..."
Well, Of course! The more bullets used to kill, the more profit for the share holders of Alliant Techsystems and other similar "death industries". This is what comes out of war; more money and profit for some, death and destruction for others.
Alliant Techsystems Inc., the Edina-based munitions maker that is the U.S. Army's sole supplier of bullets, said Thursday it can't keep up with demand from the Army, which is rising to its highest level since the Vietnam War."
"...Alliant said it expects to earn between $3.85 and $3.95 a share in fiscal 2005..."
Well, Of course! The more bullets used to kill, the more profit for the share holders of Alliant Techsystems and other similar "death industries". This is what comes out of war; more money and profit for some, death and destruction for others.
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