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RAYTHEON (RTN)
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Raytheon : and Thales silver sponsors for Dimdex 2018

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02/25/2018 | 12:21am CET

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The organising committee of Doha International Maritime Defence Exhibition and Conference (Dimdex) has announced global defence contractor Raytheon Company and French defence electronics group Thales as silver sponsors of the upcoming sixth edition of the region's leading maritime defence show. Dimdex 2018 will be held at Qatar National Convention Centre from March 12 to 14 under the patronage of His Highness the Emir Sheikh Tamim bin Hamad al-Thani, hosted and organised by the Qatar Armed Forces. "Over the years, Dimdex has proven to be a second-to-none platform for decision makers, official delegations and defence and maritime companies from across the globe, to gain and exchange insights and showcase their game-changing innovations," said Staff Brigadier (Sea) Abdulbaqi S al-Ansari, chairman of Dimdex. "We are delighted to have global technology and defence leaders such as Raytheon and Thales Group support Dimdex and become silver sponsors of the world-class event. This demonstrates the confidence Dimdex has earned and underscores the value it offers its partners year on year," he added. Global defence leaders are continuing to support Dimdex as a "recognised strategic platform to showcase the latest industry innovations and secure lucrative meetings with VIP delegates", a press statement noted. Silver sponsor Raytheon Company is a technology and innovation leader specialising in defence, civil government and cybersecurity solutions. With a history of innovation spanning 96 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects and mission support for customers in more than 80 countries. Dimdex 2018 has also attracted the attention of industry giants beyond the maritime spectrum. As a global technology leader for the aerospace, transport, defence and security markets, silver sponsor Thales has the capability to design and deploy equipment, systems and services to meet the most complex security requirements. Its international footprint allows it to work closely with its customers all over the world. With 180 global exhibitors from around the world taking part this year across the defence, maritime and security sectors, Dimdex has "earned its position as one of the most prestigious maritime defence shows in the region", the statement adds. Offering its audience "a world-class platform for technology, maritime and defence industry capabilities", Dimdex 2018 stays true to Doha's position as a burgeoning business hub. Also, the event acts as a "pivotal platform for exhibitors to access key decision makers represented by VIP delegates, which has led to the $31.95bn worth of deals completed to date since its first edition in 2008.

(c) Gulf Times Newspaper 2018 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 26 713 M
EBIT 2018 4 017 M
Net income 2018 2 681 M
Debt 2018 1 625 M
Yield 2018 1,54%
P/E ratio 2018 23,55
P/E ratio 2019 20,48
EV / Sales 2018 2,39x
EV / Sales 2019 2,26x
Capitalization 62 260 M
Chart RAYTHEON
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Raytheon Technical Analysis Chart | RTN | US7551115071 | 4-Traders
Technical analysis trends RAYTHEON
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 232 $
Spread / Average Target 7,7%
EPS Revisions
Managers
NameTitle
Thomas A. Kennedy Chairman & Chief Executive Officer
Anthony F. O'Brien Chief Financial Officer & Vice President
Mark E. Russell VP-Engineering, Technology & Mission Assurance
Kevin Neifert Chief Information Officer
William R. Spivey Independent Director
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