Raytheon posts $2.9B profit in 2018

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RAYTHEON REPORTED a profit of $2.9 billion in 2018. / BLOOMBERG NEWS FILE PHOTO/ALASTAIR MILLER
RAYTHEON REPORTED a profit of $2.9 billion in 2018. / BLOOMBERG NEWS FILE PHOTO/ALASTAIR MILLER
PORTSMOUTH – Raytheon Co. reported net income of $2.9 billion in 2018, a 44 percent increase from 2017, the company announced Thursday. Earnings per diluted share were $10.15, compared with $6.95 one year prior. Sales for the Waltham, Mass.-based defense company in 2018 totaled $27.1 billion, a 6.7 percent increase from 2017. The company’s Integrated Defense…

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