Workflow
Raytheon: Tailwinds From A Defense Boom Will Converge Nicely With Economic Strength
RTXRaytheon Technologies(RTX) Seeking Alpha·2024-04-10 23:08
petesphotography/iStock Unreleased via Getty ImagesAbout six months ago, Raytheon Technologies (NYSE:RTX) was in Wall Street's proverbial doghouse because of an engine issue requiring major fixes, major financial hits, and a major inconvenience to its customers. At the time, I pointed out that finding out about the issue this way, instead of in a tragic news headline, was much preferred. Raytheon has had a bout of very strong performance lately. I think it will continue, and I believe that this firm is  ...