this post was submitted on 07 Nov 2023
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And on raytheon, what did they do?
Boeing and Raytheon are massive weapon companies that make drones, missiles, targeting systems etc
So buy their stocks?
Raytheon stocks more than doubled in value this year.
You could say business is booming
Both are in the arms business. They make money from war.
Yup and if they didn't make money, Putin's tanks would have just ravaged Ukraine instead of being blown up all over the place by Javelins.
They make shitty earbuds and sponsor YouTubers and podcast /s
You joke but I used to get Raycon, Ray-Ban and Raytheon confused at a time.
Imagine if they had the same parent company?
Boeing and Raytheon are military contractors, and the US has characteristically kept itself in or around global conflict in order to continue handing out multi-billion dollar contracts to these companies (and more like them.) Weapons/Platform manufacturing and sales is a large portion of our economic output.