
Raytheon [RTN] on Thursday posted lower earnings and sales in its fourth quarter driven primarily by international programs at one of its segments.Net income slipped 5 percent to $544 million, $1.84 earnings per share (EPS), from $571 million ($1.89 EPS) a year ago, falling short of consensus estimates by two pennies, in part due to a discretionary pre-tax pension contribution that wasn’t in Raytheon’s forecast. Sales dipped one percent to $6.2 billion from $6.3 billion a year ago, with the…