AN OPPORTUNITY IN RAYTHEON – THE MAKER OF MISSILE THAT SHOT CHINESE SPY BALLOON
By Nigam Arora & Dr. Natasha Arora
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Sidewinder Missile
The Chinese spy balloon was shot down with a Sidewinder missile. The Sidewinder missile has a top speed of 1900 mph. This missile costs about $380,000. The manufacturer of the missile is RTX. While $380,000 is immaterial, missiles are like ammunitions for guns, they are consumables. As the world becomes more unstable, there will be a need to stockpile more missiles.
The Big Picture
The big picture is that defense spending will go up. Those of you who attended the live event Investing Looking Forward: 2023 – 2030 already have the necessary background to reap the rewards from investing in the defense sector.… Please click here or the title below to read more.
February 7, 2023