Raytheon Company is a major American defense contractor and industrial corporation with core manufacturing concentrations in defense systems and defense and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon is the world's largest producer of guided missiles. - Source: Wikipedia
Lockheed Martin reportedly signed contracts worth some $2.5 billion for hypersonic weapons in 2018 alone, and rival Raytheon told investors on a conference call earlier this year that every division of the company was working on counterhypersonic research.
STRONG DEFENSE: Raytheon rose 1% after the company said it will merge with United Technologies to create one of the world's largest defense contractors.
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