Better Buy: Boeing vs. Raytheon
Boeing (NYSE: BA) and Raytheon (NYSE: RTN) have dominated aerospace headlines in 2019, but for very different reasons. Boeing has been scrambling to repair its reputation and get its 737 MAX jet flying again following a pair of crashes that led to more than 300 fatalities. Meanwhile, in June, Raytheon announced plans to combine with the aerospace arm of United Technologies (NYSE: UTX), creating a $75 billion-sales aerospace and defense giant.
The details are different, but both Boeing and Raytheon are going through a period of uncertainty as the 737 MAX investigation continues and Raytheon's megadeal is scrutinized by regulators and investors.
Boeing's 737 MAX in flight. Image source: Boeing.
Source Fool.com
