Word: raytheon
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...surprisingly, defense contractors too have a major interest in an NMD system, especially since its ultimate cost is estimated at more than $30 billion. The four largest weapons contractors--Boeing, Lockheed Martin, Raytheon and TRW--together received more than $2.2 billion in missile-defense research-and-development money over a recent 21-month span, according to a report issued by the World Policy Institute. In 1997 and '98, the latest years for which figures are available, Boeing, Lockheed Martin, Raytheon and TRW spent $35 million on lobbying. Boeing is even readying a television campaign touting the need for missile defense...
During his weekend in the U.S., Al-Thani also met with representatives of the Raytheon Company, based in Lexington, Mass., which manufactures defense technology such as Patriot missiles and marine electronic technology...
...never take off enough stock ahead of these 31 days unless you are a total masochist. What is it about this month that causes people to lose their senses and chop a third or even a half off the value of solid American companies, like Xerox or Raytheon or Unisys, that screwed up for a quarter? Why do people who are perfectly rational shareholders the 11 other months of the year get gripped with a frenzied groupthink that forces them to shoot first and not even bother to ask questions later...
Executive Jet commands more than 75% of the fractional-ownership market--down from 100%. Its success has lured a couple of jetmakers into the game, including Raytheon, which sells Beech and Hawker jets. Bombardier, a leading competitor, is adding fractional owners at a rate of more than 100 a year; it has more than 350 clients using 65 Learjet and Challenger aircraft. A booming economy continues to enlarge the ranks of fractional flyers. Over the past 3 1/2 years, Executive Jet has ordered 590 aircraft, paying $9.75 billion and expanding into Europe and Asia...
...Raytheon technician Percy Spencer accidentally discovers microwave cooking when microwave signals melt a candy bar in his pocket...