{"id":87076,"date":"2010-04-23T17:48:02","date_gmt":"2010-04-23T09:48:02","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/raytheon-space-sales-jump-in-first-quarter\/"},"modified":"2010-04-23T17:48:02","modified_gmt":"2010-04-23T09:48:02","slug":"raytheon-space-sales-jump-in-first-quarter","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/raytheon-space-sales-jump-in-first-quarter\/","title":{"rendered":"Raytheon Space Sales Jump in First Quarter"},"content":{"rendered":"<p>[04-23-10] <strong>Raytheon<\/strong>\u2019s first quarter 2010 net income grew to $453 million from the same quarter in 2009, when it reported $449 million in operations income, the company announced in its latest financial results, released April 23.<br \/>\n&nbsp;&nbsp;&nbsp; Raytheon Space and Airborne Systems reported net sales of $1.09 billion, a 5 percent jump from the first quarter 2009. The division growth primarily was due to increased activity in classified business and a $90 million contract for the production of the Advanced Countermeasures Electronic System (ACES) for a government customer. The division\u2019s operating income also increased to $159 million from $139 million in the same period last year due to improved program performance.<br \/>\n&nbsp;&nbsp;&nbsp; However, Raytheon\u2019s Intelligence and Information Systems division first quarter 2010 net sales slipped to $730 million compared to $784 million in the first quarter 2009. Raytheon said the change primarily was due to lower net sales on a classified program and an international advanced border control and security program and lower volume and increased requirements on an international program.&nbsp; <br \/>\n&nbsp;&nbsp;&nbsp; The division booked $1.72 billion in new contracts this quarter, including $886 million on a contract to develop the next-generation GPS Advanced Control Segment (GPS-OCX) for the U.S. Air Force and $624 million on a number of classified contracts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[04-23-10] Raytheon\u2019s first quarter 2010 net income grew to $453 million from the same quarter in 2009, when it reported $449 million in operations income, the company announced in its latest financial results, released April 23. &nbsp;&nbsp;&nbsp; Raytheon Space and Airborne Systems reported net sales of $1.09 billion, a 5 percent jump from the first [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-87076","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87076"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=87076"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/87076\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=87076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=87076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=87076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}