Tuesday, May 3, 2016 - 06:33
According to DSCA, Qatar is buying 254 missiles from Raytheon (NYSE:RTN) in order to "protect its naval forces and nearby oil/gas infrastructure from air and missile threats." Raytheon, the principal contractor on the deal, stands to make $260 million from the sale of the weapons, plus "associated equipment, training, and support" services.
