that "impact" first super you're funding? it might be fuelling the weapons rush right now.
the us has contracted controversial manufacturer lockheed martin for a whopping $58.6 billion fee, in attempts to triple patriot missile production and capacity, after global stockpiles dropped by more than half.
the pentagon just issued an urgent 21-day deadline for defense companies to speed up production because their weapon stockpiles are running dangerously low. global inventories for patriot missiles have plummeted from 2,200 to fewer than 827 due to ongoing conflicts, forcing the government to hand out massive contracts to restock as fast as possible.
while this is a massive payday for defense giants, it creates a tricky spot for young investors. most mainstream super funds and etfs hold lockheed martin by default, so unless you have checked your fund's specific exclusion list, your retirement savings are likely the ones bankrolling this production surge.
