Raytheon's Sales, Deliveries Rise
In its second-quarter report last week, Raytheon Co. said government and defense sales are up 7 percent. Raytheon, headquartered in Lexington, Mass., is the parent of Raytheon Aircraft Co., which builds Beechcraft and Hawker piston planes and bizjets. Raytheon Aircraft delivered 26 piston aircraft in the quarter, compared to 20 in the same period last year. The entire Beechcraft product line will be on display at EAA AirVenture, starting tomorrow, including the Beechcraft Bonanza and Baron, the King Air family -- the 350, B200 and C90B -- as well as the Premier I, which is making its second appearance at Oshkosh. Raytheon also announced Friday it has acquired Honeywell Aerospace and Defence Services (HADS), a unit of Honeywell, in Australia. HADS provides avionics maintenance and other support services to the Australian Defence Forces. The terms of the transaction were not disclosed.