What Happened
US Company Reaps Bumper Crop Of Defense Deals
Raytheon has secured a series of major missile contracts, including a $20.7 billion deal for AMRAAM air-to-air missiles. The company has seen a surge in international orders, with over $10 billion in European contracts, and is increasing production of Tomahawk cruise missiles and Patriot interceptors. This growth is driven by European rearmament, the strengthening of air defenses in Asia, and needs that have emerged in the Middle East, as reported by Unknown Source.