20 Companies Profiting the Most From War
By Samuel Stebbins and Thomas C. Frohlich
February 13, 2017 3:22 pm EDT
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Raytheon
> Arms sales: $21.78 billion
> Total sales: $23.25 billion
> Profit: $2.07 billion
> Employees: 61,000
Waltham, Massachusetts-based Raytheon is known for its missiles and missile defense systems. According to the company, 13 countries use primarily Raytheon air and missile defense. This January, the U.S. Navy awarded Raytheon a $235 million contract to supply missiles for Aegis cruisers and destroyers.
Raytheon purchased cybersecurity provider Websense in 2015 for $1.9 billion. The deal was an indication of the growing threat of cyberattacks, as well as Raytheon’s effort to diversify and move into commercial markets and away from dependence on defense contracts.
https:// 247wallst .com/special-report/2017/02/13/20-companies-profiting-from-war/5/