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SECURITY: RTN (Common)
EXCHANGE: New York Stock Exchange CURRENCY: US Dollar
Raytheon Company (NYSE: RTN),
with 2004 sales of $20.2 billion, is an industry leader in defense and
government electronics, space, information technology, technical services,
and business and special mission aircraft. With headquarters in Waltham,
Mass., Raytheon employs 80,000 people worldwide
Raytheon
Awarded 10-Year Logistics Contract for Improved Target Acquisition System
MCKINNEY,
Texas, Feb. 22, 2007 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been
awarded initial contract funding of $11.7 million from the U.S. Army Aviation
and Missile Systems Command, Huntsville, Ala., for contractor logistics
support for the Improved Target Acquisition System, or ITAS. The ten-year
firm-fixed-price contract, valued at more than $300 million, continues
contractor logistics support for the Army and marks the start for the Marine
Corps.
Raytheon
Reports Strong First Quarter 2006 Results and Increases Full-year Guidance
for EPS and Operating Cash Flow
First
Quarter Highlights
*
EPS from continuing operations of $0.64, up 49 percent * Strong bookings
of $5.5 billion, record backlog of $34.7 billion * Increased full-year
guidance for EPS by $0.10 and operating cash flow by $200 million *
Dividend increased 9 percent, new share repurchase program announced
WALTHAM, Mass., April 27, 2006 /PRNewswire-FirstCall/ -- Raytheon Company
(NYSE: RTN) reported first quarter 2006 income from continuing operations
of $289 million or $0.64 per diluted share compared to $196 million or
$0.43 per diluted share in the first quarter 2005. First quarter 2006 income
from continuing operations included an after-tax $14 million gain ($21
million pretax) or $0.03 per diluted share for the sale of the Company's
investment in Space Imaging. First quarter 2005 income from continuing
operations included a $12 million charge or $0.03 per diluted share for
a legal settlement. First quarter 2006 income from continuing operations
was higher due to improved operating results at the Company's Government
and Defense businesses and at Raytheon Aircraft Company (RAC)
combined
with lower net interest expense and lower non-cash pension expense.
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