[Satellite Today 01-30-09] Raytheon Co. reported 2008 fourth quarter income of $466 million, compared to $420 million in the fourth quarter 2007, the company announced Jan. 29.
Raytheon’s fourth quarter sales were $6.1 billion, up slightly from $6 billion in 2007. The company ended the year with a record backlog of $38.9 billion in orders and $50 million of net debt.
"Raytheon had a successful 2008 with strong bookings, a record backlog and solid growth in sales and operating income," William Swanson, Raytheon chairman and CEO, said in a statement.
Raytheon Reports Strong Fourth Quarter
Eutelsat Signs New Broadcast Deals in Mexico and Caribbean
Eutelsat has announced three new broadcast deals this week in Mexico and the Caribbean. The satellite operator is to partner with Co-op Cable, introducing an expanded direct-to-home (DTH) and connectivity […]
Trending Now
-
Government/MilitaryUS Officials See Proposed European Union Space Act as Complicated Overreach
-
Government/MilitaryFCC Rejects Requests for Sharing in MSS Spectrum, Maintaining Exclusive Rights
-
Government/MilitarySDA’s Need for Speed Pushes Startups for Results
-
Government/MilitarySpace Force Awards $3.2 Billion to 12 Companies for Space-Based Interceptor Work
