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Raytheon Technologies reports first-quarter sales of $15.3bn 28 Apr 2021 (Last Updated April 28th, 2021 16:14)
US-based aerospace and defence company Raytheon Technologies has posted sales of $15.3bn and adjusted earnings per share (EPS) of $0.90 for the first quarter of the year.
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Raytheon missiles on display. Credit: David Monniaux.
US-based aerospace and defence company Raytheon Technologies has posted sales of $15.3bn and adjusted earnings per share (EPS) of $0.90 for the first quarter of the year.
The company noted that sales were above the midpoint of the outlook that it provided in January.
Adjusted EPS exceeded expectations and was supported by better-operating profit at all four of Raytheon’s businesses, namely Collins Aerospace, Pratt and Whitney, Raytheon Intelligence and Space, and Raytheon Missile and Defense.