Raytheon Posts $772M Loss

Edited by David Rimmer March 01, 2002
Soft sales and a drop in deliveries of its more lucrative turbine products drove Raytheon Aircraft Co. (RAC) to operating losses in excess of $750 million in 2001 -- and the company predicts that revenues will continue to slide this year. RAC, headquartered in Wichita, posted net sales of $2.57...

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