War profiteers

Ametek beats profit estimates on strong demand from aerospace, defense sectors

This was the headline of a May 2 Reuters story about Ametek Rotron's parent corporation, Ametek Inc. The story explains that Ametek has 'benefited from a boom in the aerospace and defense sectors. Robust air travel demand and simmering geopolitical tensions have driven up demand from the sectors, one of the biggest contributors to Ametek's revenue'. 

Among the company's increased profits of war are the proceeds of its Rotron division's sales to the Israeli military even as the assault on Gaza escalated.

Meanwhile Ametek SCP (another division of Ametek's Aerospace and Defense group, based in Westerly, RI) won a share in a $9,676,177 contract on May 29 from the US Navy. This is for components for the Navy's nuclear-powered (and often nuclear-armed) attack submrines which underpin US military domination of the oceans. Ametek SCP seems to be a regular supplier of bits and pieces for the Navy. A June 15 contract for parts for Virginia class submarines was worth $1,497,360. Similar contracts followed on July 14 for $358,176 and on July 18 for $433,542.