Raytheon grows international sales
Raytheon has announced a 10% growth in international sales during Q2 FY2013 compared to the same period last year, offsetting a decline in domestic sales.
On 25 July, the US company reported net sales of $6.1 billion for Q2, of which 27% was generated by international sales. International orders also accounted for 26% of bookings in the quarter.
William Swanson, CEO of Raytheon said: ‘The timing of international awards is always difficult to peg with certainty. In the quarter we made notable progress. Oman ordered AMRAAM missiles for their ground based air defence system and we’re now in the final
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Defence Notes
-
US speeds up B61-13 nuclear bomb production as programme moves further ahead of schedule
The US government plans to accelerate production even further after achieving key B61-13 milestones months ahead of schedule, as the programme advances amid growing US-China strategic competition.
-
Canada’s C$2 billion ACSV deal reinforces new defence industrial strategy as allies align
General Dynamics Land Systems-Canada is the country’s first strategic partner under the Defence Industrial Strategy’s Strategic Partnership Framework, an effort to provide companies with confidence to invest and boost the defence labour force.
-
New UK armed forces minister frames High North defence as vital to “homeland security”
The UK’s Minister for the Armed Forces Louise Sandher-Jones made her first appearance in the role before the House of Commons Defence Committee this week to highlight efforts to improve capability in the High North.
-
Canada seeks to strengthen industrial ties with the US on classified programmes
Ottawa explores expanding defence-industrial cooperation with Washington into sensitive programmes, an approach that could reshape NORAD modernisation, strengthen North American supply chains and create new opportunities for defence contractors.