Several breaking news stories will affect stock prices when trading begins on Monday. The following stocks should see some movement: Raytheon (NYSE:RTN), Philip Morris International (NYSE:PM) and Rite Aid (NYSE:RAD).

Here is a more detailed look at the news that will affect each company as the day’s trading continues.

Raytheon (NYSE:RTN)

The US Defense Department has reported Raytheon (NYSE:RTN)’s newest contract. According to the report, on a project to give new sonar equipment to the Navy, the leading defense contractor Raytheon (NYSE:RTN) has won a contract worth $56 Million.

The contract from the Defense Logistics Agency was won by the Integrated Systems Unit of the company in Portsmouth.

As per the contract, the work is expected to be completed by the end of 2014 March.

Philip Morris International (NYSE:PM)

Second stage investment has begun in Subic, as Philip Morris International (NYSE:PM) launches a new warehouse. The P600 Million leaf warehouse is being considered as the second phase of investment from the company in Subic Technopark.

The Managing Director of Manufacturing for Philip Morris International (NYSE:PM) said that the new facility would help in storing tobacco for shipment and the factory processes in Asia-Pacific regions.

“This development establishes the Philippines, particularly the Subic Freeport zone, as a major center for regional tobacco leaf trading and distribution,” he added.

Rite Aid (NYSE:RAD)

Reports have suggested that a former technician stole large numbers of pills from Rite Aid (NYSE:RAD). As per the report, which appeared in the Herald Journal, four people were accused of stealing, including a former technician of Rite Aid (NYSE:RAD).

It is reported that as many as 8,000 Lortlab pills were stolen from the Rite Aid (NYSE:RAD) pharmacy where the technician had worked.

Using a Drug Enforcement Administration code, the technician is reported to have stolen the drugs, which belonged to five upstate doctors.

We may see more movement as the day’s trading progresses for Raytheon (NYSE:RTN), Philip Morris International (NYSE:PM) and Rite Aid (NYSE:RAD).