Contents tagged with Raytheon
-
Tomahawk missile manufacturer announces growth in sales
Sales of Raytheon, which produces weapons for the U.S. Army, increased in the first quarter of 2017, leading to an increase by 3.4% in quarterly revenue. This is stated in the company’s recently released financial statement.
The company's revenue in the first quarter of last year was $6 billion. This year, the company's earnings also increased to $1.73 per share in contrast to $1.43 per share the year before. Thomas Kennedy, Chairman and Chief Executive Officer of Raytheon, stressed that the …