Raytheon beats profit expectations on strong aerospace demand By Reuters


© Reuters. A visitor walks past Raytheon stand at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. REUTERS/Pascal Rossignol

(Reuters) – Aerospace and defense major Raytheon Technologies (NYSE:) Corp on Tuesday beat fourth-quarter profit estimates, as strong travel demand across the globe boosted demand for its jet engines, parts and services.    The company reported an adjusted net income of $1.27 per share, compared with analysts’ average estimate of $1.24, according to Refinitiv data. 

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