bshole
Diamond Member
- Mar 12, 2013
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Speaking of cost, this is how much to pay for those missiles = http://www.marketwatch.com/story/th...eplace-the-tomahawks-used-in-syria-2017-04-07
So Raytheon is set to make a tidy little profit. Their stock is getting a nice spike from this little bit of blood-letting....
Raytheon, the company that makes the Tomahawk missiles used in the air strikes on Syria by the United States, is rising in early stock trading Friday:
:
Raytheon (RTN) wasn't the only defense stock rising Friday either. Lockheed Martin (LMT), which partners with Raytheon on the Javelin missile launcher system and also makes Hellfire missiles, gained nearly 1%.
I can't make up mind whether it is Saudi Arabia or our own defense contractors that are wagging this dog. I suspect of bit of both.