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Earnings Report

Raytheon's quarterly revenue rises 8%

Tomahawk missile maker Raytheon Co reported an 8 percent increase in fourth-quarter revenue on Thursday, benefiting from demand for more weapons from United States and its allies.

Northrop revenue beats; sees lower taxes boost 2018 profit

U.S. weapons maker Northrop Grumman Corp reported a better-than-expected quarterly revenue helped by higher sales in its aerospace and mission systems businesses that make parts for the F-35 fighter jets, and said it expects a lower tax rate to boost earnings in 2018.