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

Biden Gives Ukraine More Cluster Bombs And Ukraine Operations Will Be Exempt From Potential Government Shutdown

President Biden on Thursday met with Ukrainian President Volodymyr Zelensky and announced a new tranche of US military aid for Ukraine that includes more cluster bombs, which are notorious for killing and maiming civilians.

Biden Gives Ukraine More Cluster Bombs During Zelensky Visit

Related:

Pentagon Exempts Ukraine Operations from Potential Government Shutdown

Zelensky to Beg House Speaker McCarthy for More Taxpayer Money, While Biden Bullies Developing Countries to Betray Russia and China

Zelensky arrived in New York on Monday and will head to Washington after the UN General Assembly

House Speaker McCarthy to Meet With Zelensky This Week

Related:

Biden urges UN to not abandon Ukraine

Biden’s call was part of his long-running theme to rally democracies against the globe’s rising autocracies. On Tuesday, he went further, implicitly urging developing nations to turn their backs on Russia and China’s autocracies and join an inter-connected, rules-based order promoted by the U.S. and its allies.

Russia’s president, Vladimir Putin, skipped the general assembly, as did China’s Xi Jinping, but Beijing’s presence loomed large on the east side of Manhattan. While much of Biden’s speech read as a pitch to the developing world, its true subject was China, although the president tried to publicly downplay tensions with Beijing, as he did just weeks ago at the G20.

New $1.1 Billion Arms Package for Ukraine Includes 18 HIMARS Launchers, as The U.S. and Europe are running out of weapons to send to Ukraine

New $1.1 Billion Arms Package for Ukraine Includes 18 HIMARS Launchers

The HIMARS that the US has been sending to Ukraine are equipped with missiles that have a range of about 50 miles. But that can change, and Kyiv is requesting Army Tactical Missile Systems, which have a range of 190 miles, but Washington has been hesitant to send the longer-range missiles. Russia has warned that providing such arms would cross a “red line.”

Related:

The U.S. and Europe are running out of weapons to send to Ukraine

In the U.S. weapons industry, the normal production level for artillery rounds for the 155 millimeter howitzer — a long-range heavy artillery weapon currently used on the battlefields of Ukraine — is about 30,000 rounds per year in peacetime.

The Ukrainian soldiers fighting invading Russian forces go through that amount in roughly two weeks.

Is the U.S. ability to defend itself at risk?

The short answer: no.

The U.S. has essentially run out of the 155 mm howitzers [M777?] to give to Ukraine; to send any more, it would have to dip into its own stocks reserved for U.S. military units that use them for training and readiness. But that’s a no-go for the Pentagon, military analysts say, meaning the supplies reserved for U.S. operations are highly unlikely to be affected.

Source: CSIS.