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Tomahawk maker's stock up after U.S. launch on Syria
CNN Money ^ | 04/07/2017 | Paul R. La Monica

Posted on 04/08/2017 8:01:16 PM PDT by Trump20162020

Raytheon, the company that makes the Tomahawk missiles used in the air strikes on Syria by the United States, is rising in early stock trading Friday.

Investors seem to be betting President Trump's decision to retaliate against Syria after the chemical attack on Syrian citizens earlier this week may mean the Pentagon will need more Tomahawks.

The Department of Defense asked for $2 billion over five years to buy 4,000 Tomahawks for the U.S. Navy in its fiscal 2017 budget last February.

Nearly five dozen Tomahawk cruise missiles were launched at military bases in Syria from U.S. warships in the Mediterranean Sea late Thursday.

Raytheon (RTN) wasn't the only defense stock rising Friday either. Lockheed Martin (LMT), which partners with Raytheon on the Javelin missile launcher system and also makes Hellfire missiles, gained nearly 1%.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy
KEYWORDS: defensespending; raytheon; tomahawk; tomahawkmissile; tomahawkmissiles; trumpsyria
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1 posted on 04/08/2017 8:01:16 PM PDT by Trump20162020
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To: Trump20162020

Nearly five dozen Tomahawk cruise missiles were launched at military bases in Syria from U.S. warships in the Mediterranean Sea late Thursday.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

It was more than 5 dozen, they launched 61 total, 2 malfunctioned.


2 posted on 04/08/2017 8:11:13 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
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To: Trump20162020

is someone on a conservative forum going to scream about Halliburton, or the military-industrial complex?

I’ve seen everything else lately.


3 posted on 04/08/2017 8:19:51 PM PDT by JohnBrowdie
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To: JohnBrowdie

I’m pissed that two failed.


4 posted on 04/08/2017 8:20:46 PM PDT by miliantnutcase
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To: Lurkinanloomin

I’ve heard 29 hit the base.

61-2-29=30

Where did they go?


5 posted on 04/08/2017 8:21:25 PM PDT by null and void (Drain the swamp! Get rid of the mosque-itoes!)
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To: Lurkinanloomin

So, Raytheon Missile Systems stock rises, they get a replenishment order for 60 Tomahawks and employment rises again, and Syria is slapped down. Winning, winning, winning.


6 posted on 04/08/2017 8:23:01 PM PDT by batterycommander (I learned my Artillery skills from the United States Marines. USNA 65)
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To: batterycommander

If it’s a one time thing, fine. We have no business going into Syria.


7 posted on 04/08/2017 8:25:48 PM PDT by Lurkinanloomin (Natural Born Citizen Means Born Here Of Citizen Parents - Know Islam, No Peace -No Islam, Know Peace)
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To: JohnBrowdie

“is someone on a conservative forum going to scream about Halliburton, or the military-industrial complex?”

Wasn’t Eisenhower a conservative?


8 posted on 04/08/2017 8:27:53 PM PDT by PotatoHeadMick
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To: null and void

they’re in the secret base where the malaysian airways flight is hidden, and where the missiles that took down tower two came from.

it was a secret, but thank God some random internet dude figured it out.


9 posted on 04/08/2017 8:28:53 PM PDT by JohnBrowdie
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To: PotatoHeadMick

*look, something shiny!*

dude, try harder.


10 posted on 04/08/2017 8:29:55 PM PDT by JohnBrowdie
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To: PotatoHeadMick

I like Ike! (Well, I did!!)


11 posted on 04/08/2017 8:32:19 PM PDT by bobby.223 (Retired up in the snowy mountains of the American Redoubt and it's a great life!)
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To: batterycommander

Can’t wait to see my idiot Senator “Fast Ed Markey” be for the jobs created at Raytheon. But against the Thomahawks.


12 posted on 04/08/2017 9:06:55 PM PDT by MGG
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To: PotatoHeadMick

Eisenhower understood the strategic importance of maintaining a strong US-Saudi relationship too.


13 posted on 04/08/2017 9:12:24 PM PDT by RC one (The 2nd Amendment is a doomsday provision, one designed for those exceptionally rare circumstances)
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To: RC one

A strong relationship is one thing. The House of Saud using its petrodollars to buy up the US government is quite another.

I somehow suspect that a patriot like Ike might have objected to the US military being turned into the Janissaries of the Saudi Caliphate.


14 posted on 04/08/2017 9:19:01 PM PDT by PotatoHeadMick
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To: Lurkinanloomin

Will the taxpayer be reimbursed for the 2 duds?


15 posted on 04/08/2017 10:13:13 PM PDT by 353FMG (AMERICA FIRST.)
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To: batterycommander

And Kim Yung Un and the Ayatollahs took notice.

That’s the real gain.


16 posted on 04/08/2017 10:16:15 PM PDT by 353FMG (AMERICA FIRST.)
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To: Trump20162020

“Bomb all you want, we’ll make more.”


17 posted on 04/08/2017 10:24:26 PM PDT by dfwgator
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To: null and void

SPECTOR


18 posted on 04/08/2017 11:06:01 PM PDT by al baby (Hi Mom Its a Joke friends)
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To: dfwgator

In WW2 we built ONE BOMBER AN HOUR at the Willow Run Factory run by a certain fellow named Ford.

TRUMP wants to mobilize this Country for War, he better get those factories opening in the USA...and we will see

ONE HUNDRED TOMAHAWKS A MINUTE.


19 posted on 04/09/2017 12:35:40 AM PDT by TomasUSMC (FIGHT LIKE WW2, WIN LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM.)
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To: TomasUSMC
In WW2 we built ONE BOMBER AN HOUR at the Willow Run Factory run by a certain fellow named Ford.

According to this ancient newsreel, it was one every 55 minutes:

https://www.youtube.com/watch?v=iKlt6rNciTo

20 posted on 04/09/2017 12:58:59 AM PDT by cynwoody
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