Sign In
Search
Business/Financial

Raytheon Turns In Strong Third Quarter Aided By Pension Tailwind

Cal Biesecker By
SHARE:
Raytheon Turns In Strong Third Quarter Aided By Pension Tailwind
Raytheon Chairman and CEO Tom Kennedy. Photo: Raytheon

Strong operating results combined with a boost from its pension plans led to higher sales and earnings at Raytheon [RTN] in the third quarter, the company said on Thursday.Net income climbed 18 percent to $529 million, $1.79 earnings per share (EPS), from $447 million ($1.47 EPS), topping consensus estimates by 13 cents per share. The bottom line was bolstered by higher segment operating income, a favorable pension recovery that added 23 cents EPS versus 9 cents EPS gain a year…

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

Advanced / Transformational Technology

Venus Aerospace Raises $91 Million To Get New Rocket Engine Ready And Begin Scaling

International

Trump Will ‘Consider’ Turkey Rejoining F-35 Program, Says U.S. Will Lift Sanctions

Navy/USMC

HII Nabs Contract To Extend Lionfish Small UUV Production

Navy/USMC

GAO Shows More Orca XLUUV Delays, Points To Better Choices For DIU CAMP XLUUV

Trending

AV’s New C-UAS Deal Begins With $80 Million Titan Order To Air Force Global Strike Command
USAF Solicits Rapid Prototyping Of Supersonic, Ground Launched Counter Air Missile
Lockheed Martin To Acquire ASW Technology Developer Ultra Maritime For $3.5 Billion
Defense Watch: E-7 Challenges, T-AGS(X) RFI, Ukraine Biz News, Saronic Testing,
Army Awards $3 Billion Deal To Lockheed For Sentinel A4 Radar Production

Congress Updates

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]

Congress

Bipartisan Group Of House Members Introduce U.S.-Ukrainian Co-Production Bill For Unmanned Systems

A bipartisan group of six House legislators have introduced the Strategic Unmanned Systems Partnership Act–a bill to improve drone collaboration between the U.S. and Ukraine. Rep. Michael McCaul (R-Texas), the […]

Space

Will $4 Billion For SB-AMTI/Space Data Network Backbone In Supplemental Reduce Or Add To Planned Funding For Systems In Reconciliation?

Nearly all of the Department of the Air Force’s fiscal 2027 procurement and research and development (R&D) budget for space-based air moving target indication (SB-AMTI) and the Space Data Network […]

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

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