Raytheon making a killing on Ukraine weapons demand ...News

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Raytheon making a killing on Ukraine weapons demand
The American arms manufacturer, which makes NASAM and Javelin missiles supplied to Kiev, inked billions-worth of contracts in Q3 US-based Raytheon Technologies, one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, posted a near 5% year-on-year surge in third-quarter revenue on Tuesday. Company sales grew to $16.95 billion during the period – based largely on its missile and defense contracts – thanks in part to the ongoing conflict in Ukraine, as well as rising air travel demand, which buoyed parts and services sales. The Raytheon Missile and Defense unit report

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