"The American Federation of State, County and Municipal Employees controls more than 2,800 Raytheon shares.... the AFL-CIO Reserve Fund in Washington owns around 300 shares of Raytheon"
WTF is the U.S. labor movement about anyway?
Their share of the war profits?
Some "public servants," huh?
They get taxpayers to pay for everything, then invest it and make more dough while unemployment and foreclosures rise.
"Raytheon chief earns $18.6m; CEO’s pension hike lower in ’09" by Todd Wallack, Globe Staff | April 6, 2010
Raytheon Co. chief executive William H. Swanson earned $18.6 million last year, down from $20.5 million in 2008, mainly because of a smaller increase in his pension benefits.
You needed how much for schools and libraries, Boston?
The Waltham defense contractor disclosed in a regulatory filing late Friday that Swanson, a longtime Raytheon executive who became chief executive in 2003, earned $1.3 million in salary and had cash incentive awards of just over $3 million and restricted stock awards worth $10.4 million, down 5 percent from the prior year....
Four other senior executives earned around $4 million each....
As a government contractor, Raytheon hasn’t been hit as hard as other local companies by the recession. Its sales climbed 7 percent to $24.8 billion and profits soared 17 percent to nearly $2 billion.
Yeah, WAR is GOOD WORK!!!
But (nickel me) its bookings and backlog slipped for the first time in several years....
Overcharges and cost overruns coming?
The American Federation of State, County and Municipal Employees controls more than 2,800 Raytheon shares....
the AFL-CIO Reserve Fund in Washington owns around 300 shares of Raytheon....
Pathetic.
Couldn't find anything better to invest in, huh?
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Hey, they make good weaponry!
"Raytheon artillery shell rates high" by Bloomberg News | April 2, 2010
Raytheon Co.’s new satellite-guided artillery shell has proven to be the Army’s most accurate and has minimized civilian casualties and accidental military deaths, according to the Pentagon’s testing office.
You know what would minimize them even more?
Not firing the SoBs at all.
This finding and similar praise from congressional auditors are good news for Raytheon, which is competing with Alliant Techsystems Inc. for an order worth as much as $1.2 billion to produce as many 26,000 shells for the Army.
Yes, AmeriKa, we have PLENTY of MONEY for WARS WE SAY we do not want and are not planning.
It's over, AmeriKa.
This is the END of the EMPIRE and NO FORCE in this world can STOP IT.
Protecting Afghan civilians is a keystone in the US counterinsurgency strategy in Afghanistan, according to General Stanley McChrystal.
That statement and sentence is so damn offensive.
Related: Petraeus warns of major Kandahar battle
Yeah, that is called "protection."
Raytheon’s weapon has enhanced the Army’s ability “to strike targets precisely while minimizing collateral damage,’’ Michael Gilmore, the Pentagon’s testing director, said in his latest report on weapons testing....
They have been SAYING that for EVERY SINGLE WAR since TIME BEGAN!
I DO REMEMBER THAT from my state schooled HISTORY CLASSES!!
They U.S. was claiming such when they invaded the Philippines in the Spanish-American War! They said it about WWI, WWII, and Iraq. And yet SOMEHOW, we keep getting DEAD CIVILIANS and other innocent people.
An unguided 155mm artillery shell can miss its target by as much as 900 feet.
So our shells could be responsible for slaughter blamed on "militants, insurgents, and terrorists," 'murka! Try choking that pile down with your milk and cereal.
Waltham-based Raytheon received the initial contract for a small number of artillery shells in 2005. It has received $854 million for development and early production of 3,234 Excaliburs.
They always have such great names for 'em, 'eh?
The Army planned, once the shell’s basic design was stable, to have Raytheon compete for production of the remaining rounds. The goal is to improve the shell’s reliability and reduce its cost. Each Excalibur now costs $102,000.
But all worth it, right, America?
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Related: Ahead of profit report, Raytheon edges up
Profits slip slightly at Raytheon
Awwww.And they are not limited to "defense," dear readers.
"Drivers could soon skip booth, pay toll; Patrick wants test for scanner system" by Glen Johnson, Associated Press | March 4, 2010
Governor Deval Patrick said he has met with
With open-road tolling, drivers would not have to stop at a toll booth but instead would pass under a scanner that assesses a toll. The scanner could read transponders like those currently used by FastLane customers, but it also could read a license plate and send a bill or debit a driver’s account....
Who knew there wa$ money in tyranny?
Taxpayer-funded, too.
FastLane transponders are given out free.
Yeah, and AmeriKans would eat a plate of shit if it were free.
Still, (another nickel word) some drivers do not want them, even though the transponder would allow them to use dedicated payment lanes that rarely have traffic lines....
Are they going to have to sig heil going through the toll booth?
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Also see: Patrick's Phart Chip
Yeah, he stinks, too.
