CORPORATIONS: Reading on Raytheon

At 14 of the nation's major airports last week, big new radar installations of spinning antennas and scanning screens were being readied for use as part of a $13 million radar network that will eventually help control air traffic around 27 major U.S. cities. On Wall Street many a brokerage house tuned in with its own radar to take a reading on the firm responsible for the network: Raytheon Manufacturing Co. of Waltham, Mass. They liked what they saw so well that Raytheon stock moved to an alltime high of $30 a...

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