Major American defense companies such as Raytheon and Lockheed Martin have benefited from Russia’s ongoing war in Ukraine, raking in billions of dollars’ worth of contracts to supply weapons as the United States continues to spend money in Ukraine and replenish its army. Lockheed manufactures high-tech defense systems that have played a major role in…

Raytheon Technologies announced on Sept. 14 that it will require all its U.S. employees to be vaccinated against COVID-19 by January. The company, which is headquartered in Waltham, Massachusetts, said in a statement that its U.S. employees will have to get vaccination shots by the middle of December in order to meets its Jan. 1 deadline. “In keeping with our ongoing…

Raytheon Technologies Corp., which has commercial aircraft makers Boeing and Airbus as customers, expects to face inflation pressure in the coming years, its chief executive officer said on Wednesday. With the cost of raw materials and precious metals going up, the company would see a little bit of pressure, CEO Gregory Hayes said at the…