Raytheon CEO Says ‘Speed Trumps Stealth’ With Hypersonic Weapon

Raytheon merged with United Technologies to create a $123 billion aerospace and defense behemoth just as the pandemic was grounding flights. Chief Executive Officer Gregory Hayes thinks travel will never be the same.

How does the economic growth trajectory look to you over the next six to 12 months?

Great. We have two businesses: a commercial aerospace business which was just devastated last year, down 50%. And then we have a very, very big defense business. Both of those businesses are going to experience growth in the next 12 months, in the next two or three years.
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