Difference between revisions of "Raytheon"
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(Created page with "'''Raytheon''' is a United States military-industrial complex defense contractor. ==Afghan war== {{See also|Afghan war}} ''The Intercept''‘s Jon Schwarz examined re...") |
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Revision as of 04:40, December 10, 2022
Raytheon is a United States military-industrial complex defense contractor.
Afghan war
- See also: Afghan war
The Intercept‘s Jon Schwarz examined returns on stocks of the five biggest defense contractors: Boeing, Raytheon, Lockheed Martin, Northrop Grumman, and General Dynamics. Schwarz found that a $10,000 investment in stock evenly split across those five companies on the day in 2001 that then-President Georg W. Bush signed the authorization preceding the US invasion would be worth $97,295 this week, not adjusted for inflation, taxes, or fees. According to The Intercept:
| "This is a far greater return than was available in the overall stock market over the same period. $10,000 invested in an S&P 500 index fund on September 18, 2001, would now be worth $61,613. That is, defense stocks outperformed the stock market overall by 58% during the Afghanistan War."[1] |