Difference between revisions of "Raytheon"
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==NATO war in Ukraine== | ==NATO war in Ukraine== | ||
{{See also|NATO war in Ukraine}} | {{See also|NATO war in Ukraine}} | ||
| + | [[Lloyd Austin]] was appointed defense minister of the [[Biden junta]]. He previously served on the Board of Raytheon prior to rejoining the [[civil service system]].<ref>https://www.washingtonexaminer.com/opinion/biden-embraces-the-military-industrial-complex-over-civilian-control</ref> Within 3 weeks of occupying the position of defense chief, Raytheon was awarded a $49 million contract by the [[Pentagon]].<ref>https://bigleaguepolitics.com/raytheon-awarded-49-million-dod-contract-weeks-after-former-board-member-lloyd-austin-confirmed-as-defense-secretary/</ref> Austin walked away from Raytheon weeks earlier with a $1.7 million bonus and retirement package.<ref>https://www.bloomberg.com/news/articles/2021-01-10/biden-defense-pick-to-get-up-to-1-7-million-from-raytheon-role</ref> | ||
==References== | ==References== | ||
Revision as of 04:55, 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 George 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] |
NATO war in Ukraine
- See also: NATO war in Ukraine
Lloyd Austin was appointed defense minister of the Biden junta. He previously served on the Board of Raytheon prior to rejoining the civil service system.[2] Within 3 weeks of occupying the position of defense chief, Raytheon was awarded a $49 million contract by the Pentagon.[3] Austin walked away from Raytheon weeks earlier with a $1.7 million bonus and retirement package.[4]
References
- ↑ https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/
- ↑ https://www.washingtonexaminer.com/opinion/biden-embraces-the-military-industrial-complex-over-civilian-control
- ↑ https://bigleaguepolitics.com/raytheon-awarded-49-million-dod-contract-weeks-after-former-board-member-lloyd-austin-confirmed-as-defense-secretary/
- ↑ https://www.bloomberg.com/news/articles/2021-01-10/biden-defense-pick-to-get-up-to-1-7-million-from-raytheon-role