As Israel and Iran have been exchanging missiles, drones and bombs since Tel Aviv launched air strikes on Tehran military and nuclear installations, global markets reacted sharply as oil prices surged and financial assets stumbled.
Gold prices have soared to a record high, reinforcing its status as a traditional hedge against market volatility and reflecting growing investor anxiety. Another notable market development involves Raytheon Technologies Corporation (RTX), whose stock reached an all-time high of $148.48 amid rising geopolitical tensions.
According to data shared by market analytics platform WhaleWatcher, several U.S. lawmakers purchased shares in defense firms just weeks prior to Israel’s recent airstrikes on Iran. Among them, Congressman Josh Gottheimer acquired Raytheon stock in May 2025. Congressman Bruce Westerman made two separate purchases of RTX shares—on March 2 and April 7, 2025.
BREAKING: Numerous US politicians appear to have bought war stocks before Israel attacked Iran.
US Congressman Josh Gottheimer bought $RTX, Raytheon, a weapons manufacturer, last month.
Congressman Bruce Westerman bought $RTX on 04/07/2025 AND on 03/02/2025.
Unusual.
— unusual_whales (@unusual_whales) June 13, 2025
These transactions have drawn public scrutiny, raising questions about possible conflicts of interest and the ethical implications of elected officials trading securities, particularly in sectors directly affected by government policy and military action. The issue of lawmakers investing in both traditional securities and cryptocurrencies continues to prompt debate over transparency and accountability.
Historically, defense stocks like Raytheon tend to perform strongly during periods of heightened international conflict and increased military spending, making them a focal point for investors and policymakers alike.
What is Raytheon?
Raytheon is a major U.S. defense contractor and a business unit of RTX Corporation. It specializes in aerospace and defense electronics, including weapons and military and commercial systems. The company was founded in 1922 and is known for its work in integrated air and missile defense, advanced sensors, space-based systems, hypersonics, effectors, and cyber solutions.
![Local residents at the Swat River, which is overflowing due to pre-monsoon heavy rains in the area on the outskirts of Mingora, the main town of Pakistan's Swat Valley [Sherin Zada/AP]](https://mmnews.tv/wp-content/uploads/2025/06/Flooding-in-Swat-river-120x86.jpg)
