TEXT-Fitch affirms Raytheon ratings

Sept 20 - Fitch Ratings has affirmed Raytheon Company's (RTN) ratings at 'A-' and 'F2'. The Rating Outlook is Stable. These ratings cover approximately $4.7 billion of debt. A full ratings list appears at the end of this release. RTN's ratings are supported by the company's competitive position in the defense industry; good product diversification; a large portion of revenues derived from international sales; strong liquidity; and large backlog. Healthy free cash flow (FCF) generation and i