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How The Saudi Oil Attack Could Lead To Great News For Raytheon

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How The Saudi Oil Attack Could Lead To Great News For Raytheon

How The Saudi Oil Attack Could Lead To Great News For Raytheon

Analysts say US defense contractor Raytheon could be the biggest corporate beneficiary of the Saudi oil attack.

Markets Insider reports Saudi Arabia has the largest defense budget in the Middle East, making up 5% of Raytheon's sales.

In addition, Raytheon sells the NASAMS, a key missile defense system that Saudi Arabia currently has under contract.

Jefferies' equity analyst Sheila Kahyoaglu says increased NASAMS sales to Saudi Arabia could specifically benefit Raytheon.

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BNNB79

Bassima Elnahi @asadabukhalil Saudi Arabia was not consulted about the American attack (in which Qasim Soleimani was killed). MBS… https://t.co/LSi4EDXHMT 4 days ago

A_Y_Shantaf

Ahmad Shantaf 🇱🇧 @SwarajyaMag A Saudi official told France Presse that "Saudi Arabia has not been consulted about the American attac… https://t.co/y7mAd6RDDW 6 days ago

brent74

♦️Brent's Despise♦️ @MMFlint Media only talks about Trump and Putin. This is why Soleimani could attack Benghazi Saudi Iraq. But not… https://t.co/3DUQujIuIr 1 week ago

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