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One of the nation's largest defense contractors just donated tens of thousands to lawmakers voting on Ukraine defense legislation

Raytheon Technologies spent more than $51,000 in April donating to the campaigns of members of Cong…

Madison Hall   


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3 mins read

Raytheon's CEO said on an earnings call that the company stood to 'benefit' from DoD budget increases due to the war in Israel

RTX Corporation CEO Greg Hayes the company stands to "benefit" from a US Department of Defense's bu…

Caroline Haskins   


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3 mins read

GOP Rep. John Rutherford of Florida bought Raytheon stock the same day Russia invaded Ukraine

Raytheon makes the "fire and forget" Javelin and Stinger missiles, which western allies are sending…

Kimberly Leonard   


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9 mins read

20 members of Congress personally invest in top weapons contractors that'll profit from the just-passed $40 billion Ukraine aid package

War is "big business to our leaders," says Rep. Marjorie Taylor Greene, one of 20 lawmakers Insider…

Kimberly Leonard   


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9 mins read

At least 15 lawmakers who shape US defense policy have investments in military contractors

The lawmakers serve on the House Armed Services Committee and the Senate Armed Services Committee.

Warren Rojas,Camila DeChalus,…   


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Raytheon fears Biden will cancel $500 million arms sale to Saudi Arabia, report says

In a call with investors, Ratheyon CEO Greg Hayes said he expects the Biden administration to cance…

Charles Davis   


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5 mins read

The diversity of Biden's cabinet will be just for show if it ends up promoting bad policies

Pundits are praising Biden's appointees for their diverse backgrounds, but that is irrelevant if th…

Manny Fidel   


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Raytheon CEO says the company will 'load up' on share buybacks in 2021 after strong 4th-quarter earnings

Raytheon beat analyst estimates for EPS and revenue while posting strong free cash flow. Now the co…

Will Daniel   


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3 mins read

Dow Jones industrial average ditches Exxon, adds tech names in biggest overhaul since 2013

The shift was prompted by Apple's 4-for-1 stock split. Since the Dow is price-weighted, the split e…

Ben Winck   


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Industrial stocks tank after China sanctions Lockheed Martin, Boeing, and Raytheon over Taiwan sales

China's announcement placed the industrials-heavy Dow Jones industrial average on pace for its wors…

Ben Winck   


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2 mins read

Results: Rep. Mike Garcia defeats Democrat Christy Smith in California's 27th Congressional District election

Republican Rep. Mike Garcia defeated Democrat Christy Smith for the third time in California's 27th…

Hanna Kang   


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Rep. Mike Garcia faces off against Democrat Christy Smith in California's 27th Congressional District election

Redistricting excluded predominantly conservative Simi Valley from the 27th House District, making …

Hanna Kang   


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Warren Buffett is wrong about airlines' prospects after coronavirus, Raytheon CEO says

"Unlike Mr. Buffett, I actually do believe that the airline industry is going to come back," Gregor…

Theron Mohamed   


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A Republican congressman who wants the government to spend more money on defense just bought stock in two defense contractors

Rep. Kevin Hern — chair of the Republican Study Committee's Budget and Spending Task Force — called…

Madison Hall   


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One of the largest defense contractors in the nation donated to nearly 150 members of Congress as they debated Ukraine military aid

Lockheed Martin's political action committee spent more than $250,000 in April donating to the camp…

Madison Hall   


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Here's why Raytheon could be the biggest beneficiary of the Saudi oil attack

Raytheon could get the biggest boost from the country's increased spending because it has a broad p…

Carmen Reinicke   


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3 mins read

Republican Sen. Deb Fischer holds up to $100,000 in defense contractor Lockheed Martin stock while helping lead a Senate Armed Services subcommittee

The Senate is preparing to vote on a bill Monday that will send $40 billion in aid to Ukraine as it…

Kimberly Leonard   


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Former Defense Secretary Mark Esper says Trump wanted to 'shoot' demonstrators protesting George Floyd's death: book

"Can't you just shoot them? Just shoot them in the legs or something?" Trump reportedly asked of th…

John L. Dorman   


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3 mins read

Maine governor thought Trump was having a 'nervous breakdown' during a call on which he complained about George Floyd protests: book

Floyd's murder "seemed to trigger something else entirely in Trump" in comparison to Joe Biden, per…

John L. Dorman