U.S. Navy intercepts Iranian cruise missiles; defense sector under focus
The U.S. Navy intercepted Iranian cruise missiles in the Strait of Hormuz, with Raytheon likely providing key technology for the operation. The incident has drawn attention to several major defense companies including Raytheon Technologies (RTX), Lockheed Martin (LMT), Northrop Grumman (NOC), and General Dynamics (GD).
Topics: General Dynamics Lockheed Martin missile interception Northrop Grumman Raytheon U.S.-Iran tensions