Raytheon Surpasses Sales and Profit Forecasts
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Raytheon said fourth-quarter profit rose 26 percent on higher foreign sales and electronics work for a new Navy ship.
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The aviation-electronics company's shares are rising -- along with its profit projections.
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Defense contractor Raytheon Co.   on Thursday reported higher fourth-quarter profit,  helped by higher revenue from its missile programs.
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Diversified manufacturer Honeywell  International Inc. HON.N posted a rise in quarterly profit as  strong demand for aerospace equipment and automobile components  boosted revenues, the company said on Wednesday.
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Boeing Co. on Wednesday topped Wall  Street expectations with a 78 percent jump in quarterly profit  on strength in its defense operations, and raised its earnings  forecast for 2004.
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Northrop Grumman Corp. NOC.N  reported higher third-quarter earnings on Wednesday and an 11  percent increase in sales on strength in its mission systems,  integrated systems, ships and space technology businesses.
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Defense contractor Raytheon Co.  RTN.N on Thursday said quarterly profit rose 16 percent,  helped by higher spending on its Patriot missile systems and  other military products and lower tax payments.
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Fourth-quarter earnings at the Industrial conglomerate  rose to 1.06 billion as sales rose across each of segments, with aerospace unit Sikorsky and Otis leading the way, the company said.
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The world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profits in the industry.
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Boeing Co. BA.N on Wednesday  reported a higher third-quarter profit on revenue growth in its  defense business and strong performance in its commercial  aircraft building operations, and said it raised its earnings  forecast for 2004.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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Hewlett-Packard (HP) has reported better than expected quarterly results helped by strong international sales.
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The defense contractor said second-quarter earnings rose on higher sales across most of its businesses, including fighter jets, missile defense and information technology.
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Boeing Co  said on Wednesday fourth-quarter profit rose a greater-than-expected 4 percent, as higher deliveries of its commercial aircraft offset a dip in military sales due to the creation of a satellite launch joint venture.
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European aerospace group EADS reports higher-than-expected profits, boosted by sales in its Airbus plane-making subsidiary.
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The world's largest chipmaker posts its best quarterly sales figures, boosting optimism about profit throughout the industry.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.