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All posts tagged "Raytheon"

Republican senator with military oversight buys stock in top defense contractor

Republican senator with military oversight buys stock in top defense contractor

Another member of a congressional armed services committee has personally invested in the stock of a major U.S. defense contractor that received more than $1.7 billion in government contracts — just last month.

Sen. Markwayne Mullin (R-OK) purchased between $15,001 and $50,000 in stock in Raytheon on Sept. 13, according to new congressional personal financial disclosure filings. Raytheon was awarded more than $1.7 billion in contracts in September, according to a Raw Story analysis of contract announcements from the Department of Defense.

Mullin serves on the U.S. Senate Committee on Armed Services, which has jurisdiction over areas such as “aeronautical and space activities peculiar to or primarily associated with the development of weapons systems or military operations; common defense; Department of Defense, the Department of the Army, the Department of the Navy, and the Department of the Air Force,” according to its website....