WASHINGTON - Raytheon, the world's largest missile maker and the parent of Tucson-based Raytheon Missile Systems, boosted its full-year profit forecast and said third-quarter profit rose less than 1 percent.
WASHINGTON — U.S. defense companies, helped by a 70 percent
increase in military spending since 2000, may see the trend
continue under President-elect Barack Obama even as the financial
crisis squeezes the federal budget.