Raytheon boosts forecasts as sales rise across all businesses

Richard Clough

10/25/2018

RAYTHEON CO. REPORTED net income of $641 million in the third quarter. / BLOOMBERG NEWS FILE PHOTO/ALASTAIR MILLER

NEW YORK - Raytheon Co. raised its 2018 outlook as the defense contractor said international orders and work on classified programs helped it generate higher sales in the third quarter. Earnings rose to $641 million, or $2.25 a share in the third quarter, compared with $572 million or $1.97 per diluted share one year prior. Sales…

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