25. General Dynamics
According to a Washington Post report in July of 2006, General Dynamics is one of the big-name defense contractors that has gotten the biggest monetary boost from the Iraq war. The key to General’s war profiteering strategy has been a broad focus on virtually everything the government needs to wage war, including tank shells, bullets for small arms, and even Stryker vehicles, which were first put to use during the initial 2003 invasion to remove Saddam.
All of this has lifted the company to tripled profitability since 9/11, and critics are speculating that ties to top Defense Agencies helped grease the wheels. According to the Project on Government Oversight, General Dynamics formally announced that it was hiring a former top aide to the Army Chief of Staff in November 1999 – conveniently, just a month after the aid announced a grand new vision to introduce wheeled, light armored vehicles like the Stryker into regular use.
25. General Dynamics