TRW has increased its outlook for the second quarter and full year 2002 earnings.

Second quarter earnings are expected to be in the range of $US1.08 to $1.10 per share, a 30% increase over the previous year.

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For the full year, TRW’s guidance is for earnings per share to be in the range of $3.70 to $3.75, up 20% from 2001.

The improved outlook reflects vehicle production increases in North America and benefits accruing from TRW’s company-wide restructuring actions initiated during the past year, the company said in a statement.

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