蜜柚直播

The Waltham, Massachusetts-based company on Thursday reported fourth-quarter net sales of $7.4 billion, up 8.5 percent from the same period in 2017.

Raytheon posted fourth-quarter net income of $832 million, or $2.93 per share, up from $1.35 in the fourth quarter of 2017, mainly due to operational improvements and tax relief.

For the full year, the company reported profit of $2.91 billion, or $10.15 per share, on revenue of $27 billion.

Raytheon also said it expected 2019 net sales to range between $28.6 billion and $29.1 billion, slightly lower than analysts鈥� estimates.

The company鈥檚 fourth-quarter earnings topped Wall Street expectations of $2.89 per share, but its revenue missed forecasts of analysts polled by Zacks Investment Research.

Raytheon shares fell nearly 4 percent, to $164.76, in trading Thursday on the New York Stock Exchange.

蜜柚直播-based Raytheon Missile Systems, one of five Raytheon business units that report operating results, posted fourth quarter net sales of $2.3 billion, up 6 percent from fourth-quarter 2017, while annual sales rose 7 percent to $8.3 billion.

Operating income at the missile unit fell 2 percent in the fourth quarter to $273 million while annual operating income was down about 4 percent last year at $973 million.

During the quarter, Missile Systems booked $563 million for a number of classified contracts; $452 million for AIM-9X Sidewinder short-range air-to-air missiles; $193 million for Standard Missile-2 ship-defense missiles; $149 million for StormBreaker precision-guided glide bombs; $132 million for Phalanx automated ship-defense guns; and $132 million for Paveway guided-bomb kits.

The company also booked $110 million for production of the Tamir missile interceptor for the Israeli Iron Dome defense system, as well as $75 million for the David鈥檚 Sling weapon system鈥檚 Stunner missile.