October 31, 2008

RAYTHEON CO: Accrues $159M at Sept. 28 for Study/Cleanup Costs

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Raytheon Company’s estimate of total environmental remediation costs expected to be incurred is US$159 million at Sept. 28, 2008, for its involvement in the investigation and cleanup of various sites.

The Company estimates the liability, discounted at a weighted- average risk-free…

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