Raytheon CEO Expects Inflation Pressure in Coming Years

Raytheon CEO Expects Inflation Pressure in Coming Years
The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, on June 21, 2019. Pascal Rossignol/Reuters
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Raytheon Technologies Corp., which has commercial aircraft makers Boeing and Airbus as customers, expects to face inflation pressure in the coming years, its chief executive officer said on Wednesday.

With the cost of raw materials and precious metals going up, the company would see a little bit of pressure, CEO Gregory Hayes said at the Morgan Stanley Laguna Conference.