Difference between revisions of "Raytheon"

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'''Raytheon''' is a [[United States]] [[military-industrial complex]] defense contractor.
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#REDIRECT[[RTX Corporation]]
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Raytheon is a partner with the National Gay and Lesbian Chamber of Commerce.
 
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==Afghan war==
 
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{{See also|Afghan war}}
 
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''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:''
 
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{{quotebox-float|"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."<ref>https://theintercept.com/2021/08/16/afghanistan-war-defense-stocks/</ref>}}
 
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==NATO war in Ukraine==
 
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{{See also|NATO war in Ukraine}}
 
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The [[Atlantic Council]] was pushing to ramp up the proxy war between Russian speaking Ukrainians and Ukrainian nationalist. In 2015 the Atlantic Council helped prepare a proposal for arming the Ukrainian military with offensive weaponry like Javelin anti-tank missiles. The Atlantic Council has been funded by the two manufacturers of the Javelin missile system, Raytheon and [[Lockheed Martin]].  This created an appearance of a [[conflict of interest]]. The think tank in fact presented its Distinguished Business Leadership Award to Lockheed CEO Marillyn Hewson that same year.
 
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[[Lloyd Austin]] was appointed defense minister of the [[Biden junta]] in 2021. 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>
 
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Former [[Warsaw Pact]] members which had joined [[NATO]] sent their old [[Soviet]]-era weapons and equipment to [[Ukraine]], not out of fear of Russia or [[Vladimir Putin]], but in exchange for U.S. taxpayer-funded and upgraded replacement equipment.  The exchange of equipment kept Raytheon and other defenses contractors employed, as well as Congressional funding flowing for upgrades and development of new weapons systems.  Likewise Raytheon [[lobbyist]]s in turn [[kickback]] campaign donations to members of congress.
 
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==References==
 
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{{ref}}
 
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[[Category:Industry]]
 
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[[Category:Technology]][[Category:Military]]
 
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[[Category:American Companies]]
 

Latest revision as of 05:02, March 11, 2026

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