RTN News and Press, Raytheon Company From 01/13/20

CAMBRIDGE, Mass. , Jan. 13, 2020 /PRNewswire/ -- Raytheon (NYSE: RTN) is developing a machine learning technology under a $6 million contract from the Defense Advanced Research Projects Agency for the Competency Aware Machine Learning program. Systems will be able to communicat...

It was more of the same in the stock market last week in terms of returns, but the catalysts supporting the rally shifted from easing trade tensions and dovish Federal Reserve policy to a deescalating of tensions between the U.S. and Iran. Specifically, a tepid Iranian response to the U.S. str...

I have never advocated war except as a means of peace. - Ulysses S. Grant When United Technologies Corporation (UTX) and Raytheon (RTN) agreed to merge in June 2019, many, including the U.S. President Trump, had concerns over the deal. Those concerns didn't scare boards of the two companie...

Welcome to all my readers, and happy new year! First of all, as you can probably tell by the title, I've switched to a quarterly portfolio review. This makes much more sense than a monthly one as it allows to see slightly longer term trends, which is what both myself and my readers are mostly ...

The January 2 U.S. airstrike that killed Iranian general Qassem Soleimani folded a new twist into what already figured to be a complicated year for aerospace and  defense stocks . Defense contractors often come under pressure in U.S. election years, as rhetoric about cutting spending inevit...

Given concerns about the economy, oil prices and trade war fears, should investors steer clear of the aerospace industry? Or does the business, not only the big players but also smaller ones, present a long-term opportunity? Dhierin-Perkash Bechai has been covering the aerospace industry o...

Shares of aerospace and defense companies (BATS: ITA ) typically outperform the broader market in the six months after a crisis event in the Middle East, according to a CNBC analysis. More news on: iShares U.S. Aerospace & Defense ETF, Huntington Ingalls Industries, Inc., General Dyn...

The industrials sector ( XLI ) started 2020 with a bang, up close to 2% on first day of trading on economic optimisms led by the manufacturing sector, which has been in contractionary territory for 5 consecutive months based on the ISM indicator. However, the hopes were dampened on Friday as t...

Intensifying geopolitical relations in addition to a pro-military administration have been good news for the defense sector -- raising the Spade Defense Index 37% in 2019. Government spending for federal contractors in fiscal 2019 was $1.4 trillion, awarding several defense contractors subst...

For better or for worse, 2020 is already shaping up to be a year of military conflict. The surprise assassination of Iranian General Qassem Suleimani, head of the Iranian Quds special forces, may end up being seen as a watershed moment and greatly increases the chances of a major conflagration...