Open Trade Alert: Raytheon (RTX)
The west and United States in particular have and will continue to funnel billions of dollars of aid to Ukraine, much of which flows through US defense contractor Raytheon. Congressional democrats are now supporting a bill to give an additional $40 billion dollars to Raytheon and Lockheed Martin, further making clear the west will back Ukraine throughout this prolonged conflict. The defense contractors who receive this substantial funding will benefit significantly. RTX is set to be a great trade to hold throughout 2022.