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Raytheon Books $6.2B For 2Q, Reports $34B Backlog

Raytheon (NYSE: RTN) has released financial results for its fiscal year 2012 second quarter, reporting $6.2 billion in bookings for the quarter.

The company ended the quarter with a backlog of $33.9 billion.

For the space and airborne systems segment, the company reported a 16 percent increase in operating income year-over-year, to $204 million in the 2012 second quarter from the $176 million reported for the prior year period.

During the quarter, the company won $205 million in contract awards to provide the U.S. Air Force multi-spectral targeting systems for unmanned aerial vehicles.

The segment also won $462 million through several classified contracts, the company said.

For its missile systems segment, the company recorded 12 percent more operating income year-over-year, going from $151 million to $169 million.

The segment booked $687 million to make an exoatmospheric kill vehicle for the Missile Defense Agency, $348 million for Navy Tomahawk missiles and $302 million to develop Standard Missile-6.

In intelligence and information systems, operating income went from $55 million to $61 million year-over-year, an 11 percent increase.

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