DougR:

That is not what war profiteering means.

All businesses try to operate at a profit in peace or in war.

"Profiteering" directly implies taking undue advantage of the situation to make excess profit -- i.e., rates of mark-up that would be inordinate except for war. The reason it is immoral is not simply because of the profit as such but because it drains the resourc of the nation while it is at war thus reducing its chances at winning the war. As such it is viewed in extreme circumstances as a treacherous act of self-aggrandizement.

That is very different from continuing to do business at a reasonable profit during war time.

A