Raytheon CEO Swanson ‘Very Pleased’ with Financial Results

Raytheon (NYSE: RTN) announced first quarter 2011 Adjusted EPS of $1.38 per diluted share compared to $1.25 per diluted share in the first quarter 2010 a 10 percent jump from the same period last year.

“I am very pleased with the company’s solid performance in the quarter, particularly given the challenging budget environment, ” CEO William H. Swanson said. “Our continued focus on cost efficiencies and program performance is reflected in the year-over-year improvements in our operating results.”

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