Raytheon Comes to Purdue University
Harry
Targ
From
“While Its Humanities Programs Suffer From Budget Cuts, Purdue University
Increases Focus on Military”, Covert Action, June 15, 2022)
The Raytheon Technologies Corporation reported that “Raytheon Technologies is working with the University of Arizona, Texas A&M University, Purdue University, the U.S. Air Force Academy and other academic institutions on hypersonic research and testing, to include the use of wind tunnels to emulate flight conditions and accelerate development.”
Raytheon, one of the five largest defense contractors in the
world, sold more than $64 billion in military hardware in 2021. Raytheon
profits will be higher in 2022 because of the war in Eastern Europe. Recently,
Gregory Hayes, the CEO of Raytheon and a Purdue University graduate who was
given an honorary doctorate by Purdue’s Krannert School of Management,
predicted that the war in Ukraine will be good for his company’s business.
[Source: twitter.com]
As researchers William Hartung and Julia Gledhill put it: “The
war in Ukraine will indeed be a bonanza for the likes of Raytheon and Lockheed
Martin. First of all, there will be the contracts to resupply weapons like
Raytheon’s Stinger anti-aircraft missile and the Raytheon/Lockheed
Martin–produced Javelin anti-tank missile that Washington has already provided
to Ukraine by the thousands. The bigger stream of
profits, however, will come from assured post-conflict increases in
national-security spending here and in Europe justified, at least in part, by
the Russian invasion and the disaster that’s followed.”
