November 13, 2008

RAYTHEON CO: Accrues US$159Mil Environmental Remediation Costs

COMPANIES: Raytheon Co
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Raytheon Company’s estimate of total environmental remediation costs is US$159 million at Sept. 28, 2008.

Discounted at weighted-average risk-free rate of 5.7%, Raytheon estimates the liability at US$111 million before U.S. Government recovery and had the amount accrued at Sept. 28,…

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