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ID: 35271
Title: General Dynamics, Raytheon profits rise (AP)
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A visitor talks with promoters at the Raytheon pavillion during the biennial Asian Aerospace 2004 airshow in Singapore, in this February 24, 2004 file photo. Raytheon Co. said on Wednesday that first-quarter profit rose, beating Wall Street forecasts, on higher sales of its missiles and electronic network systems. It kept its full-year forecast unchanged. (David Loh/Reuters)AP - Profit outlooks for defense contractors have turned murky as Congress faces down President Bush over defense funding and the war in Iraq, and the Pentagon subjects contractors to greater scrutiny over performance.


Category: Business/Company Earnings/
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Date Added: April 25, 2007 10:42:57 PM
Number Hits: 1