Air Travel Recovery, Defense Demand Buoy Raytheon Earnings

Credit: Raytheon
With air travel fast returning to pre-pandemic levels and demand for defense systems strong, Raytheon posted better-than-expected 2023 first quarter earnings. Sales in the January to March period rose 10% year-on-year to $17.21 billion, compared to Wall Street analysts’ estimate of $16.97 billion...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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