Why Is Europe Buying 940 New Stinger Missiles From Raytheon?
Raytheon Technologies(RTX) The Motley Fool·2024-01-14 13:03
Raise your hand if you remember the Stinger missile. Keep your hands raised if the reason you remember the Stinger is from reading newspapers during the Reagan Administration and think of them as the missiles the mujahideen used to shoot down Soviet helicopters in Afghanistan. Yep. That's what I thought. But here's something that may surprise you: 35 years after the Soviets pulled out of Afghanistan, the Stinger is making a comeback. And Raytheon is about to start making money selling Stinger missiles again ...