Acquisitions boost Raytheon's first quarter performance

Acquisitions in 1997 helped Raytheon Co., Lexington, Mass., post record sales and earnings in the first quarter of 1998, the company announced Thursday. Raytheon earned $214.9 million in the first three months of 1998 on sales of $4.6 billion. Earnings were up 17% from 1997's $183.4 million, while...

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