Mike Stone, Nathan Gomes

(Reuters] Raytheon Technologies Corp reported Tuesday an adjusted quarterly profit exceeding market expectations. The company attributes the surge in travel to Christmas which boosted interest for its services and products.

Before the holidays, the U.S. government made a decision to let foreigners who have been vaccinated from the United States enter the country. This allowed the aftermarket for wide-body aircraft to rebound and fueled demand for Raytheon (NYSE)’s cabin interiors.

Raytheon Chief Financial Officer Neil Mitchill said in an interview that he expected continued commercial aero recover, especially with the support of international border reopenings.

Raytheon’s Collins Aerospace system, along with its missile and space units, was also more in demand after the removal of coronavirus regulations. However many other sectors suffered from pandemic-related logistical issues.

According to the company, full-year 2022 sales are expected to range from $68.5 billion up to $69.5 billion. This is below the $70.09 billion average Refinitiv IBES estimate.

Raytheon’s Pratt and Whitney division supplies engines for companies such as Boeing (NYSE) Co and Airbus SE(OTC:) reported that fourth quarter revenue increased to $17.04 from $16.42 last year.

Raytheon’s business in missiles was given a lift by its competitor Lockheed Martin (NYSE:) announced that the Federal Trade Commission opposed its plan to purchase rocket motor manufacturer Aerojet Rocketdyne. Raytheon was a vocal opponent to the deal.

Aerojet designs and produces liquid and solid rocket propulsion as well as air-breathing supersonic engines and electric propulsion. The Pentagon, NASA and Lockheed Martin are just a few of its customers. Raytheon Technologies (NYSE) is also a customer.

From a year ago, net income grew fivefold to $686million, 46 cents per share in the fourth quarter ending Dec. 31, compared with a year before.

Raytheon’s adjusted earnings beat analysts’ estimates of $1.02 per share by posting a profit at $1.08.