Raytheon’s Profits Up 14 Percent

raytheonlogoRaytheon 1Q earnings rise
Associated Press

Raytheon Co.’s quarterly profit rose 14 percent on stronger sales of missiles, radars and defense electronics, spurring the nation’s fifth-largest defense contractor to raise its 2009 earnings forecast.

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Raytheon Reports Solid Q4 Numbers

Raytheon Press Release

Raytheon Company announced fourth quarter 2008 adjusted income from continuing operations of $466 million or $1.13 per diluted share, compared to $420 million or $0.96 per diluted share in the fourth quarter 2007(1).

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