RTX's Raytheon Sees Sales Climb on Missile Demand -- Market Talk

Dow Jones2026/10/20 11:25

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0725 ET - RTX's Raytheon unit posts a 14% revenue rise in 3Q. Raytheon's growth was driven by higher volume on naval programs as well as land and air defense systems, including its Patriot, Standard Missile and Tomahawk. Those missiles have been in high demand this year from the war in Iran. The U.S. fired more than 1,000 Tomahawk cruise missiles within the initial months of the Iran war, WSJ reported.(kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

October 20, 2026 07:25 ET (11:25 GMT)

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On Tuesday, Jay Clayton, Director of National Intelligence and Head of Artificial Intelligence Affairs in the United States, was asked during an interview when recommendations regarding AI would be made. He responded: "We will be rolling them out," but added that he could not commit to an exact date. On October 16, the newly established AI Special Task Force led by Jay Clayton under the Trump administration held its first meeting, with the task force officially operating for a term of 120 days.

华尔街见闻•2026/10/20 21:01