RAYTHEON AIRCRAFT POSTS FIRST-QUARTER OPERATING LOSS

Raytheon Aircraft Company (RAC) had sharply lower sales and reported an operating loss for the first quarter of 2001, parent Raytheon Company said Wednesday. Wichita-based RAC had sales of $637 million, down 21.8 percent from the $815 million reported during the first quarter of 2000. RAC shipped 92...

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