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Defense Secretary Lloyd Austin warned Congress on Tuesday during a private briefing that if they do not pass more aid to Ukraine, it would “very likely” lead to U.S. troops fighting a war in Europe.

WASHINGTON, D.C. — U.S. Treasury Secretary Janet Yellen calmed growing concerns throughout the nation's capital this week by explaining the United States can easily afford to pay for two separate foreign wars because of the 20% "Friends & Family" discount she receives from Raytheon. "I've got you covered!" Yellen said with a smile after multiple U.S. officials expressed doubt the country could stay afloat financially while simultaneously funding wars in Israel and Ukraine. "With the killer discount I get from Raytheon, we'll be bombing people into oblivion on two continents, all without breaking the bank!" Yellen then produced her limited...

An open letter signed by “46 foreign policy experts” calling for more arms shipments to Ukraine published in POLITICO failed to mention ties of nearly half of the signatories to the defence industry, allegedly glossing over conflicts of interest, the Washington-based Quincy Institute for Responsible Statecraft claimed.

Raytheon has called in retired engineers to teach its employees how to build the Stinger missiles heavily used by Ukraine’s military—using blueprints drawn up during the Carter administration. It’s the latest example of a private company working to ramp up production of a now-in-demand weapon that the Pentagon hasn’t purchased in decades. “Stinger's been out of production for 20 years, and all of a sudden in the first 48 hours [of the war], it's the star of the show and everybody wants more,” Wes Kremer, the president of RTX’s Raytheon division, said during an interview last week at the Paris...

Ukraine's air force has appeared to confirm that a U.S-made Patriot missile system was behind the downing of five Russian aircraft in one day in May 2023. A video posted on Monday shows "kill" markings on the side of a Patriot air defense system that indicate it claimed three helicopters and two jets on May 13. If accurate, this would be a record for a Patriot system in a single day.

It turns out we are so wedded to the Chinese, that our own defense sector, while they may be able to “de-risk” – the “it” word of the moment – absolutely find it well-nigh impossible to “de-couple,” in the Gwyneth Paltrow sense.So we are being told as of yesterday. It figures – the Raytheon CEO with the word would be in Paris not Poughkeepsie – but he felt duty bound to disabuse us of those quaint notions we had about bringing American interests, especially security-wise, home.Handsomely, he left the door open for other defense contractors to walk through who agree...

Although Raytheon is producing 400 Javelins per month with Lockheed Martin as a manufacturing partner, he said, the ongoing fighting in Ukraine has burned through existing weapons stocks.“The problem is we have consumed so much supply in the first ten months of the war,” he said. “We’ve essentially used up 13 years’ worth of Stinger production and five years’ worth of Javelin production.”

The CEO of US weapons giant Raytheon Technologies, Gregory Hayes, revealed on Thursday that Washington is working with partner nations in West Asia to transfer a handful of their air defense systems to Ukraine."The [Pentagon] is going to attempt to do some trading for us where we’ll take some from the [West Asian] countries that are our friends and some from our NATO allies, and try and get those into Ukraine early next year," Hayes said, before adding that the weapons will be "[backfilled] with new production over the next two years."Image source: Raytheon Technologies CorporationHayes did not mention specific...

US Defense Secretary Lloyd Austin on Wednesday 'expressed concern over escalating action in northern Syria and Turkey, including recent airstrikes, some of which directly threatened the safety of US personnel', the Pentagon said. US Defense Secretary Lloyd Austin on Wednesday told his Turkish counterpart of his "strong opposition" to a new Turkish military operation in Syria and voiced concern over the escalating situation in the country, the Pentagon said...

The Biden administration on Monday notified Congress it has approved a possible $323 million arms sale to Finland as the country seeks to join NATO. The administration approved the potential sale of 40 tactical missiles and 48 Joint Standoff Weapons, made by Raytheon, in addition to accompanying equipment, training and support, the State Department said in a release. Finland, which shares a border with Russia, is in the process of joining NATO along with Sweden. Both countries sought to enter the alliance earlier this year. This State Department said the proposed sale “will support the foreign policy and national security...

WASHINGTON, D.C. — In the nick of time, Congress has passed a bipartisan $12 billion funding bill, narrowly avoiding a Ukrainian government shutdown. "As elected representatives chosen by the people, it is our solemn duty, as outlined in the Constitution, to fully fund the Ukrainian government at all times," said Senator Chuck Schumer. "We humbly accept this sacred responsibility to send billions to Ukraine, who will send it to Raytheon, who will send it to super PACs, who will help us get elected. It's the right thing to do." President Zelensky took a few moments in between magazine glamour shoots...

Share Tweet ... More The Biden administration is requesting approval from Congress for more than $1 billion in arms sales to Taiwan amid increased tensions with China over the island’s status. The State Department announced on Friday that it approved three separate proposed military sales for Taiwan, and Congress has been notified of them. If approved by Congress, the three sales will send contractor logistics support for Taiwan’s Surveillance Radar Program, up to 60 AGM-84L-1 Harpoon Block II missiles and related equipment and up to 100 AIM-9X Block II Sidewinder Tactical Missiles and equipment.

<p>WASHINGTON (Reuters) -Raytheon Technologies Co and Northrop Grumman Corp have won U.S. contracts to continue developing missiles to intercept hypersonic weapons, the Pentagon said on Friday.</p><p>The decision means Lockheed Martin Co., the No. 1 U.S. defense contractor, which had also been competing for a contract, has been eliminated for now from the multibillion dollar progam, but could be pulled back in at a later date.</p>

Defense Secretary Lloyd Austin announced another $1 billion in military aid for Ukraine on Wednesday, following the third meeting of the Ukraine Defense Contact Group, a group of about 50 nations supporting Ukraine in its war against Russia. “I’m especially pleased to be able to announce today that the United States will provide an additional $1 billion security assistance package for Ukraine,” Austin said at a press conference at the NATO headquarters in Brussels, where the members of the group met.

Raytheon Technologies will move its headquarters from Boston's suburbs to Washington, D.C.'s this fall, putting all of the five largest defense companies in National Capital Region. The offices will be in the Rosslyn neighborhood of Arlington, Virginia, just across the Potomac River from Washington and within sight of the Pentagon. “The location increases agility in supporting U.S. government and commercial customers and serves to reinforce partnerships that will progress innovative technologies to advance the industry,” the company said in a statement. “Washington, D.C., serves as a convenient travel hub for the company’s global customers and employees.” Last month, Boeing last...

It will be years before Raytheon Technologies can build new Stinger shoulder-fired missiles due to a dwindling supply of weapons parts, the company’s CEO said Tuesday. The U.S. has shipped Stingers to Ukraine’s military, which has used them to shoot down Russian aircraft. But there’s only a finite supply as Raytheon has not made Stinger missiles for the U.S. military in nearly two decades. “We're going to have to go out and redesign some of the electronics in the missile and the seeker head,” Raytheon Technologies CEO Greg Hayes told investment analysts Tuesday during the company’s quarterly earnings call. “That's...

It will be years before Raytheon Technologies can build new Stinger shoulder-fired missiles due to a dwindling supply of weapons parts, the company’s CEO said Tuesday. The U.S. has shipped Stingers to Ukraine’s military, which has used them to shoot down Russian aircraft. But there’s only a finite supply as Raytheon has not made Stinger missiles for the U.S. military in nearly two decades. “We're going to have to go out and redesign some of the electronics in the missile and the seeker head,” Raytheon Technologies CEO Greg Hayes told investment analysts Tuesday during the company’s quarterly earnings call. “That's...

https://twitter.com/marcusreports/status/1518937847201476611 https://www.reuters.com/article/ukraine-crisis-stingers-idINL2N2VR2OF Raytheon just said they cannot make any more stinger missiles, all of them have been given to Ukraine and no more can be made because certain parts require rare minerals that are only found in Russia.

U.S. Defense Secretary Lloyd Austin said Russia’s military capabilities should be degraded after he and Secretary of State Antony Blinken met with Ukraine’s President Volodymyr Zelensky and announced more U.S. military aid to the country. “We want to see Russia weakened to the degree that it can’t do the kinds of things that it has done in invading Ukraine,” Mr. Austin said Monday after the highest-level visit of U.S. officials to Kyiv since Russia invaded Ukraine on Feb. 24. Mr. Blinken said: “Russia is failing, Ukraine is succeeding.” In what could be a significant escalation of the conflict on Monday,...

First use of high-speed missiles by Russia in Ukraine sparks renewed urgency for U.S. development. With the first claimed use of a hypersonic weapon by Russia in the invasion of Ukraine, attention is again focusing on defense contractors in the U.S. that are trying to develop their own. Among U.S. defense contractors notable for their efforts are Lockheed Martin (LMT) , Northrop Grumman (NOC) and Raytheon (RTX). The three were picked by the U.S. Missile Defense Agency last November to develop an "accelerated concept design of the Glide Phase Interceptor," to stop incoming vehicles. Lockheed Martin and Raytheon are also...