CNBC:
In the wake of President Donald Trump’s move to impose steel and aluminum tariffs, Raytheon’s CEO said Wednesday that the defense company is largely isolated from the trade disputes.
“In terms of steel tariffs and aluminum tariffs, most of the steel and aluminum products that we buy are from U.S. companies so we are not impacted by that,” Raytheon Chief Executive Thomas Kennedy told CNBC’s Morgan Brennan in an exclusive interview.
Raytheon, the third-largest U.S. defense company, behind Lockheed Martin and Boeing, is the world’s top manufacturer of guided missiles and a leader in missile defense systems.
