RTX's Raytheon Sees Sales Climb on Missile Demand -- Market Talk
Dow Jones2026/10/20 11:250725 ET - RTX's Raytheon unit posts a 14% revenue rise in 3Q. Raytheon's growth was driven by higher volume on naval programs as well as land and air defense systems, including its Patriot, Standard Missile and Tomahawk. Those missiles have been in high demand this year from the war in Iran. The U.S. fired more than 1,000 Tomahawk cruise missiles within the initial months of the Iran war, WSJ reported.(kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
October 20, 2026 07:25 ET (11:25 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ - Oppenheimer says Jefferies' share price remains undervalued
UK unemployment rate unexpectedly drops to 4.7%! Positive employment data ahead of the budget boosts expectations for a Bank of England rate hike in November
The UK unemployment rate has dropped to 4.7%, with a surprising increase in employment and accelerating wage growth, raising expectations for a Bank of England rate hike in November.
