Airline Financial just discovereds 10-29-2001 Raytheon Losse owing To Fewer Commercial Aircraft Sales Volume: 19 Number: 41 ISSN: 10405410 Publication Date: 10-29-2001 Page: 1 Type: Periodical Language: English Declining sales of commercial aircraft were largely responsible for Raytheon reporting a without deductions loss of $285 million in the third quarter.
Declining sales of commercial aircraft were largely responsible for Raytheon reporting a without deductions loss of $285 million in the third quarter, and financial analysts do not papal court much relief on the horizon. In the third quarter of last year, Raytheon had unadulterated income of $105 million.
Raytheon officials emphasize that its defense businesses are doing extremely well in terms of sales, margins and cash. That being
