Raytheon 1Q report

WALTHAM, Mass. - Raytheon Co. reported first quarter 2009 income from continuing operations of $457 million compared to $401 million in the first quarter 2008. Net sales for the first quarter 2009 were $5.9 billion, up 10 percent from $5.4 billion in the first quarter 2008, with growth across all of the company's businesses. (Source: PRNewswire, 04/23/09). Gulf Coast note: Raytheon has operations along the Gulf Coast.