New York, April 10 (RHC)-- Stocks of the military contractor Raytheon have surged following the U.S. missile attack on Syria last week, which used 59 of the company’s Tomahawk missiles, estimated to cost $1.4 million apiece.
As stocks surged, Raytheon added about $1 billion to its market value. According to financial disclosure filings, U.S. President Donald Trump personally invests in Raytheon, meaning he profited directly from the attack.
The Raytheon Company is a major U.S. defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. Raytheon, which is based in the U.S. state of Massachusetts, is the world's largest producer of guided missiles.
Raytheon Stocks Surge After Attack on Syria, Personally Benefiting Trump
Related Articles
Commentaries
MAKE A COMMENT
All fields requiredMore Views
- Thirty-eight generator sets are restored using Chinese replacement components
- Protesters in Poland demand Netanyahu's arrest, warning of an act of complicity with war crimes in Gaza
- Independent British MP Jeremy Corbyn challenges UK government over complicity in Israel's Gaza genocide
- Prime minister says Greenland does not want to be American or Danish
- U.S. and Cuba veterans to play baseball game