“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.”
Why are positive Raytheon forecasts important?
Cord Master Engineering is a Raytheon 4-Star Supplier. We supply several Raytheon programs with components and assemblies.