Tomahawk maker's stock up after U.S. launch on Syria
Source: CNN Money
Raytheon, the company that makes the Tomahawk missiles used in the air strikes on Syria by the United States, is rising in early stock trading Friday.
Investors seem to be betting President Trump's decision to retaliate against Syria after the chemical attack on Syrian citizens earlier this week may mean the Pentagon will need more Tomahawks.
Read more: http://money.cnn.com/2017/04/07/investing/syria-raytheon-tomahawk-missiles/index.html
I feel ill...
PatSeg
(47,602 posts)IthinkThereforeIAM
(3,077 posts)... so predictable that it was my second thought, after, "Wow, look how those missiles wobble when they take off".
sarisataka
(18,774 posts)A $60 million order very soon...
Wellstone ruled
(34,661 posts)That is a open ended as needed order. Honeywell ran the early Tomahawk Program as a Subcontractor . Hunch some of the Die casting is in Mexico.
Quackers
(2,256 posts)I went to about 10 websites with each saying the Tomahawk missles cost different amounts. The lowest was $800,000 per missle and the highest was $1.59 million per missle but no two websites had the same price tag.
Thor_MN
(11,843 posts)I believe the $1.59 M is in 2015 dollars, so tack on a bit for inflation and use that.
tammywammy
(26,582 posts)Buying 10 will have a higher cost per unit than buying 100. This article says the 2017 Navy budget expected them at $1.5M. http://www.marketwatch.com/story/this-is-how-much-it-will-cost-to-replace-the-tomahawks-used-in-syria-2017-04-07
workinclasszero
(28,270 posts)Cmon NK woohoo! Millions and millions and millions and millions and billions and trillions!!!!!!!
Invest your sons and daughters today redstate Amerika! The bloody maw of the MIC will eat them all up!!
fantase56
(444 posts)next stop is........?
niyad
(113,579 posts)moondust
(20,006 posts)YOHABLO
(7,358 posts)Capitalism has eaten us alive .. and people are so ignorant and brainwashed they don't even know that they're doomed.
Yo_Mama_Been_Loggin
(108,212 posts)We just spent $84 million on a what amounted to be little better than a fireworks display. Those missiles will have to be replaced.
WoonTars
(694 posts)...that won't exactly hurt the bottom line...
heaven05
(18,124 posts)money, money, money is the GOD of this world and everyone is bowing down to it. Some have a lot, many many don't have enough, even to eat healthy and well
metalbot
(1,058 posts)I'm actually a little surprised we haven't seen that tweet yet...