Raytheon Co. Q2 2008 Earnings Call Transcript
Seeking Alpha (Free subscription) | yesterday
Raytheon Co. (RTN) Q2 FY08 Earnings Call Complete Story »
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Raytheon Company
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Navy Destroyer Fires on Raytheon
Rock The Truth (Free subscription) | yesterday
Don't worry, folks; they won't be hurting for $ like you will. REMEMBER the THEME, folks. Money, what we have it for and what we don't ( Sig Heil ). "The estimated cost for each Zumwalt-class destroyer had jumped from $2 billion to more than $3 billion . The decision puts the spotlight on military procurement problems that have festered for decades : program mismanagement, ballooning costs, and increasingly...
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Raytheon quarterly net falls, but more missile sales boosts view
Market Watch (Free subscription) | yesterday
Raytheon Co. raises its full-year outlook following a strong second quarter that benefited from higher missile and network system sales.
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Raytheon boosts financial forecast
The Boston Business Journal (Free subscription) | yesterday
Defense contractor Raytheon Co. said income from continuing operations rose 20 percent in the second quarter and the company boosted its outlook for the year. (RTN)
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Raytheon's Net Falls on Aircraft Unit Sale
Law Blog - WSJ.com (Free subscription) | yesterday
Raytheon posted a 68% decline in net income due primarily to the sale of its aircraft business in the year-earlier period, and boosted its guidance for 2008 earnings.
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Raytheon net fell; continuing operations ahead of estimate
Market Watch (Free subscription) | yesterday
NEW YORK (MarketWatch) -- Raytheon Co., the Waltham, Mass., defense contractor, reported second-quarter net income fell 68% due to a year-earlier special gain. Earnings per share from continuing operations rose 27%. And the company raised its outlook for the year. Earnings fell to $426 million, or $1 a share, from $1.34 billion, or $2.97, in the year-earlier period. The year-earlier share figures...
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Raytheon Increases Full-year Guidance; Reports Strong Second Quarter 2008
PR News Wire (Free subscription) | yesterday
WALTHAM, Mass., July 24, 2008 /PRNewswire-FirstCall/ -- Highlights -- Sales of $5.9 billion, up 11 percent -- Operating income of $662 million, up 12 percent -- Earnings per share (EPS) from continuing operations of $1.00, up 27 percent -- Solid bookings of $6.0 billion; backlog of $37.5 billion -- Strong operating cash flow from continuing operations of $767 million -- Full-year guidance...
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Missiles, overseas work may buoy Raytheon 2Q
SignalBlog (Free subscription) | yesterday
Defense contractor Raytheon Co. reports second-quarter earnings on Thursday before the opening bell. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: The Pentagon’s push to hastily build a domestic shield against missile attacks and jittery nations overseas worried about rogue states have been a boon to Raytheon and [...]
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Earnings Preview: Raytheon Company
Seeking Alpha (Free subscription) | 07/23/2008
Raytheon Company (RTN) is expected to report Q2 earnings before market open Thursday, July 24, with a conference call scheduled for 9:00 a.m. ET. Guidance Analysts are looking for EPS of 93c on revenue of $5.63B. The consensus range is 85c to 97c for EPS, and $5.5B to $5.72B for revenue, according to First Call. The company gave FY08 EPS and revenue guidance when it reported its Q1 earnings results....
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Raytheon boosted by strong missile sales
Financial Time (Free subscription) | yesterday
Raytheon, the US defence contractor, reported second-quarter profits ahead of expectations and raised its full-year forecast as it benefited from strong missile sales
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Raytheon's SLAMRAAM Completes System Field Integration Testing
PR News Wire (Free subscription) | 07/23/2008
TEWKSBURY, Mass., July 23, 2008 /PRNewswire/ -- Raytheon Company's (NYSE: RTN) Surface Launched Medium Range Air-to-Air Missile successfully completed system field integration testing at White Sands Missile Range, N.M., demonstrating interoperability with both Patriot and Avenger weapon systems. "Successful integration testing will help put this much-needed air defense capability into our warfighter's...
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Raytheon Receives $21 Million for NATO SEASPARROW MK48 Program
PR News Wire (Free subscription) | 07/23/2008
TEWKSBURY, Mass., July 23, 2008 /PRNewswire/ -- Raytheon Company (NYSE: RTN) has been awarded a $21.2 million U.S. Navy contract for components of the NATO SEASPARROW MK48 Guided Missile Vertical Launch System (GMVLS). The MK48 launches SEASPARROW and Evolved SEASPARROW (ESSM) missiles to defend against high-speed, highly maneuverable anti-ship missiles. Under this modification to an existing contract,...
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UPDATE 1-Raytheon continuing profit rises, ups forecast
Reuters UK (Free subscription) | yesterday
NEW YORK, July 24 (Reuters) - Raytheon Co said on Thursday quarterly profit from continuing operations rose a bigger-than-expected 20 percent, helped by higher sales of its missiles and lower pension expenses.
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Raytheon coverage - draconian gag or just routine?
Slugger O'Toole (Free subscription) | 07/23/2008
The Independent today prominently trailed and published a piece by Mark Steel celebrating the acquittal of Eamon McCann and other members of the “Raytheon 9” in Derry last month. The paper had withheld publication of the same article in May, while the trial was in progress. But Steel himself went ahead anyway and ran it on his own website and Slugger picked it up . After the trial, the press was pilloried...
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Raytheon Leads Team To Evaluate Impact Of New Classes Of Aircraft For NASA
Aerospace Online News (Free subscription) | 07/23/2008
Raytheon Company will lead a team of air transportation experts from industry and academia to study the impact of new classes of aircraft on the next generation air transportation system, or NextGen
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