Raytheon cuts revenue forecast on impact from Russia business suspension By Reuters


© Reuters. FILE PHOTO: The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. REUTERS/Pascal Rossignol/File Photo

Aerospace and defense firm Raytheon Technologies (NYSE:) Corp lowered its full-year revenue forecast on Tuesday, hurt by the cessation of its activities in Russia.

The company expects full-year revenue to be between $67.75 billion and $68.75 billion, lower than its previous forecast of $68.5 billion to $69.5 billion.

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