|Bid||220.94 x 800|
|Ask||221.01 x 1200|
|Day's Range||218.82 - 221.49|
|52 Week Range||169.64 - 233.48|
|Beta (5Y Monthly)||0.83|
|PE Ratio (TTM)||18.54|
|Forward Dividend & Yield||3.77 (1.71%)|
|Ex-Dividend Date||Jan 06, 2020|
|1y Target Est||N/A|
The giant defense contractor has signed a lease for a new North San Jose facility near State Route 237, according to sources and the company.
The Securities and Exchange Commission has sent a subpoena to Raytheon Co. as part of an investigation into “improper payments.”
Moody's Investors Service ("Moody's") placed its senior unsecured rating of United Technologies Corporation ("UTX" or the "company") on review for upgrade. "Meshing United Technologies' heavy commercial focus and Raytheon's defense focus will position the combined company to benefit from expected ongoing favorable trends in defense spending and commercial aviation," continued Root.
Some of Brevard County's top small businesses were started by tech workers who left the defense industry for a different kind of career.
U.S. President Donald Trump's $740.5 billion defense budget request sent to Congress on Monday includes more money for nuclear weapons and a big boost to research and development spending to prepare for future warfare. The defense spending request contains the Pentagon's largest research and development budget in 70 years, a senior defense official said, as the military aims to build next generation capabilities to counter the growing strength of China and Russia. Within the Pentagon's competing priorities, the request for nuclear weapons modernization funds rose 18% compared to last year or $29 billion extra dollars, a second senior defense official said.
There are now 40,484 confirmed coronavirus cases and 910 deaths, according to figures released Monday by the World Health Organization.
Asian airlines face "drastic" cuts in their planned growth because of the coronavirus crisis, an industry group warned, adding gloom to an already depleted Singapore Airshow as more companies scaled back plans on Monday. The Singapore Airshow from Feb. 11 to 16 is proceeding, but the exhibition centre is pockmarked with empty spaces that would have held displays from Chinese companies and others skipping the show because of the epidemic, which has killed more than 900 people. More than 70 exhibitors, including major U.S. defence firms Lockheed Martin Corp and Raytheon Co have pulled out over concerns related to the new coronavirus.
A 60-year-old American has died of the new coronavirus, the first confirmed non-Chinese death of the illness, U.S. officials said, as millions of Chinese began returning home after a Lunar New Year break that was extended to try to contain the outbreak. While the vast majority of cases have been in China, the virus has spread to some two dozen countries abroad, including five British nationals infected in a French mountain resort. The American died on Thursday in Wuhan, epicentre of the virus outbreak in the central Chinese province of Hubei, a U.S. embassy spokesman said in Beijing on Saturday.
WASHINGTON/SINGAPORE (Reuters) - The Pentagon shrunk the size of its delegation traveling to the Singapore Airshow and U.S. defence firms Lockheed Martin Corp and Raytheon Co said they would not attend, as the impact of the coronavirus has reduced participation in the event. Both had been due to send some of their most senior executives to Asia's largest aviation and defence event before Singapore on Friday raised its alert level for the coronavirus outbreak to orange, the same level reached during the 2003 Severe Acute Respiratory System (SARS) pandemic.
Defense contractors have continued to outpace the market as tensions heat up and the Pentagon focuses on Russia and China. So is Raytheon stock a good buy?
Raytheon is in the middle of an all-stock merger of equals announced last June with Farmington, Connecticut-based United Technologies (NYSE: UTX), with the unified entity to be known as Raytheon Technologies Corp.
Lots of companies are hiring for hundreds of tech jobs this year as more companies move to the Valley and local companies expand their presence in the state. That's a good thing — but it's creating some challenges amid the competition for talent.
Northrop Grumman and Raytheon earnings were mixed Thursday after Lockheed Martin and General Dynamics topped views earlier this week.
The best defense stocks have long-term programs as well as footholds in key emerging priorities for the Pentagon and U.S. allies around the world.
Defense contractors are expected to benefit from tensions between the United States and Iran after a top Iranian military commander was killed in a U.S. drone strike in Baghdad on Jan. 3, prompting Iran to retaliate with a missile attack against a U.S. base in Iraq days later. Sales in Raytheon's integrated defense systems unit, which also makes naval navigation systems and torpedoes, rose 17.6% to $1.98 billion in the fourth quarter ended Dec. 31.
Raytheon (RTN) delivered earnings and revenue surprises of 1.61% and -2.31%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?