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

On an October 24 earnings call, RTX Corporation CEO Greg Hayes said that the defense contractor stood to “benefit” from a US Department of Defense’s budget increase which would fund the supply of weapons to Israel and the restocking of weapons in Ukraine.

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