20 days ago • Posted by William Ramstein

Raytheon lifts forecasts encouraged by defense unit and commercial air travel results

Raytheon saw net income reach $753 million from a loss a year earlier equal to -$83 million. While demand for Raytheon's aviation technologies and service for aircraft manufacturers slumped during the global health crisis, its robust defense unit that contributes more than half of overall sales continued to lift its bottom line.

Source: Yahoo