Cyclicality and overbuilding in the industry present risks for shareholders. Typically, US lodging recoveries last five to nine years, but the upcycle ending in 2019 lasted 10 years.
ANDOVER, Mass. - Raytheon (NYSE:RTN), the defense contractor and RTX (NYSE: RTX) business, has been awarded a $529 million contract to supply the Netherlands with a Patriot air and missile defense ...
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