State Department Approves Potential Sale Of Advanced Medium-Range Air-To-Air Missiles To Lithuania For Estimated $100M
Portfolio Pulse from Benzinga Newsdesk
The US State Department has approved a potential sale of Advanced Medium-Range Air-to-Air Missiles to Lithuania, estimated at $100M, according to Reuters citing the Pentagon. Raytheon Technologies (RTX) may be involved in the deal.

October 23, 2023 | 7:16 pm
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Raytheon Technologies may be involved in a potential $100M missile sale to Lithuania approved by the US State Department.
If Raytheon Technologies is indeed involved in this deal, it could potentially increase their revenues and profitability, which could positively impact their stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75