Sign In
Search
Business/Financial

Raytheon Posts Strong First Quarters, Boosts 2009 Guidance

DDN
SHARE:

By Calvin Biesecker Raytheon [RTN] yesterday reported strong first quarter earnings and sales driven by double-digit income gains at five of its six business segments and the company raised its financial expectations for the year. Net income increased 14 percent to $452 million, $1.11 earnings per share (EPS), from $398 million (92 cents EPS) a year ago, topping analysts' estimates by a dime. Sales climbed 10 percent to $5.9 billion from $5.4 billion as each of the company's segments saw…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

Navy/USMC

Navy Reveals Long-Term MUSV Fleet Size; Using OTA For Off The Shelf Vehicles

Air Force

Space Force Awards Northrop Grumman $398 Million For Enhanced PTS-P

Defense Watch

Defense Watch: F-35 News, Big GD Sub Award, E-7 Reversal, UxS News

Trending

Pentagon Signs Framework Deals To Rapidly Buy Low-Cost Cruise Missiles, New Hypersonic Weapon
Addition Of Production Lines For F-15EX Eyed By USAF, MQ-9 Follow-On In Works
HAC-D Lawmakers Skeptical Of Battleship; CNO Says Will Use Ford Reactor
Army Awards Leidos $2.7 Billion To Accelerate Hypersonic Work
Defense Watch: FORGE, Cloud Contract, Another Super Hornet Lost, AFC/TRADOC Merger Name, TOC-L Protest

Congress Updates

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume