Sign In
Search
Business/Financial

Raytheon Posts Strong Fourth Quarter On Lower Taxes, Operations

Cal Biesecker By
SHARE:
Raytheon Posts Strong Fourth Quarter On Lower Taxes, Operations
Raytheon Chairman and CEO Tom Kennedy. Photo: Raytheon

Buoyed by a lower tax rate and strong bottom line operating results in three of its segments, Raytheon [RTN] on Thursday reported a hefty increase in earnings in the fourth quarter along with higher sales. The company also posted higher earnings and sales for all of 2018 and expects more of the same in 2019, driven by record orders and backlog. Net income in the quarter was up 117 percent to $832 million, $2.93 earnings per share (EPS), from $393…

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

Business/Financial

Castelion Raises $1 Billion To Produce Hypersonic Weapon Sooner, Develop New Weapons

Business/Financial

Ursa Major Going Public To Scale Hypersonic Weapon, Rocket Motors And Engines

Business/Financial

SAIC’s Earnings Dip In Second Quarter On Higher Taxes

Business/Financial

Union Ratifies New Five-Year Agreement With GD Bath Iron Works

Trending

Heven AeroTech Opens New Drone Manufacturing Facility In Virginia
GE Aerospace Plans to Flight Test HyCAT Hypersonic Test Bed in 2028
Interview with Rolls-Royce’s F130 Program Director, Gregg Pyers on the B-52’s New Engine
Anduril Ramping Up Undersea Drone Production Line Through 2027; Aims To Ready Extra Large Production Line By End of Year
Defense Watch: NGI Concerns, Valkyrie CCA, ESB-8 Delivery, Counter-Drone Partners

Congress Updates

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume