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Defense Watch: Raytheon Updates, New Customs and Border Protection Chief, Saudi FMS

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RTC News. Raytheon Technologies last week said its board authorized the repurchase of up to $6 billion of the company’s outstanding stock. The new authorization replaces the previous program, which was instituted a year ago and had $3 billion remaining. The company also announced the appointment of Raja Maharajh as its general counsel, reporting directly to Greg Hayes, chairman and CEO of RTC. Maharajh replaces Frank Jimenez, who is leaving the company. Maharajh has been with the company since 2004…

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