December 25, 2024

Raytheon Technologies Corp

DOGE coming: Beware these stocks that get the most revenue from the government

DOGE coming: Beware these stocks that get the most revenue from the government

Alex Hales04 mins

Investors should be wary of the impacts several companies may bear from the cost-cutting goals of President-elect Donald Trump’s Department of Government Efficiency, or DOGE, according to TD Cowen. “The announcement of DOGE has led to concerns about future revenue and profitability of USG [United States government] contractors,” analyst Roman Schweizer said in a Friday…

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RTX subsidiary Raytheon to pay more than 0 million to settle foreign bribery, export control fraud probes

RTX subsidiary Raytheon to pay more than $950 million to settle foreign bribery, export control fraud probes

Alex Hales04 mins

The Raytheon Technologies, recently renamed RTX Corporation, headquarters building is seen at dusk on January 20, 2024, in Arlington, VA.  J. David Ake | Getty Images The Raytheon subsidiary of defense contractor RTX agreed Wednesday to pay more than $950 million to settle Department of Justice investigations into an alleged government contract fraud scheme, violations…

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