Raytheon in quick succession Dallas-based E-Systems (1995), Chrysler Corporation's defense electronics and aircraft-modification businesses, which had previously acquired companies such as Electrospace systems (1996) (portions of these businesses were later sold to L-3 Communications), and the defense unit of Texas Instruments—Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation—a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic
Saudi Arabia–United States relations documents included letters of interest and letters of intent and no actual contracts. US defense stocks reached all-time highs after Donald J. Trump announced a $110 billion arms deal to Saudi Arabia. Saudi Arabia signed billions of dollars of deals with U.S. arms producers and energy companies, including Lockheed Martin, Boeing, Raytheon, General Dynamics, Northrop Grumman, General Electric, Exxon Mobil, Halliburton, Honeywell, McDermott International, Jacobs Engineering Group, Rowan Companies, National Oilwell Varco, Nabors Industries, Weatherford International, Schlumberger and Dow Chemical. In August, 2018, a laser-guided Mark 82 bomb sold by the U.S. and built by Lockheed Martin was used in