Aerospace Group:

Business/Financial

Raytheon Opens 2008 Financial Season With Strong Start

DDN

Friday, April 25th, 2008

SHARE:

By Calvin Biesecker Raytheon [RTN] yesterday posted strong first quarter financial results driven by growth across each of its operating segments and lower expenses although the company left its guidance for the year intact. William Swanson, Raytheon's chairman and CEO, said he feels good right now about achieving the upper end of the current guidance but declined to handicap any upside pending congressional approval of the next Iraq War supplemental. While Raytheon isn't dependent on the war supplemental bills for…

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]

Congress

“Not Sure How They Get To Where They Wanna Be,” Calvert Says of $1.5 Trillion Defense Topline Proposal

As the federal government enters a third week of tardiness in a fiscal 2027 budget release, a big question is how the Pentagon will be able to spend $500 billion […]

Congress

Path Uncertain For $1.5 Trillion FY ‘27 Defense Topline After Trump Casts Doubt On Second Reconciliation Bill

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of […]

Congress

Senate Budget Dems Push For Defense Reconciliation Spending Details, Cite ‘Slush Fund’ Concerns

Democrats on the Senate Budget Committee have raised “significant concern” with the Pentagon’s move to classify reconciliation spending plans, urging the department to provide more public details on how the […]