Raytheon forecasts another gain in 2016

raytheon forecasts“NEW YORK — Raytheon Co. boosted sales last year for the first time since 2010 and forecast a second consecutive gain as the maker of Patriot missile-defense systems focuses on growth abroad.

Revenue in 2016 will be $24 billion to $24.5 billion, the company said Thursday in a statement as it reported fourth-quarter earnings above analysts’ estimates. Even the low end of the forecast would mark an increase from the $23.2 billion total for last year.”

Source: https://www.bostonglobe.com/business/2016/01/28/raytheon-forecasts-sales-gain-after-returning-growth/8cNpp7IObXZl51dCz8tkGK/story.html

 Why are positive Raytheon forecasts important?

Cord Master Engineering is a Raytheon 4-Star Supplier. We supply several Raytheon programs with components and assemblies.

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