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Transcripts for CNN CNN Newsroom Live 20240604 04:34:00

defense con tack tors. we look at who s going to be getting rich. reporter: as russian troops poured across ukraine s border, kicking off the russian invasion in late february, something else was happening at the same time in new york. the stock prices of the biggest u.s. weapons manufacturers spiked. many eventually climbing to their highest point in year. war is good business for parts of the economy. historically. it doesn t mean the contractors want it. i know a lot of people in these companies, and they re heart broken, but yes, war is good business for certain parts of the economy. the latest shipments include systems like scores of howitzers that haven t been sent before. hundreds of armored personnel carriers joining the now brutally effective javelins and stingers on ukraine s

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