Raytheon is a business unit of

RTX Corporation RTX Corporation, formerly Raytheon Technologies Corporation, is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by reve ...

and is a major U.S. defense contractor and industrial corporation with

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer ...

concentrations in

weapon A weapon, arm, or armament is any implement or device that is used to deter, threaten, inflict physical damage, harm, or kill. Weapons are used to increase the efficacy and efficiency of activities such as hunting, crime (e.g., murder), law ...

s and military and commercial

electronics Electronics is a scientific and engineering discipline that studies and applies the principles of physics to design, create, and operate devices that manipulate electrons and other Electric charge, electrically charged particles. It is a subfield ...

. Founded in 1922, it merged in 2020 with

United Technologies Corporation United Technologies Corporation (UTC) was an American multinational corporation, multinational list of conglomerates, conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous are ...

to form Raytheon Technologies, which changed its name to

in July 2023. Raytheon was established in 1922, reincorporated in 1928, and adopted the Raytheon Company name in 1959. More than 90% of Raytheon's revenues were obtained from military contracts and, as of 2012, it was the fifth-largest military contractor in the world. , it was the third-largest defense contractor in the United States by defense

revenue In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some compan ...

. It was the world's largest producer of

guided missile A missile is an airborne ranged weapon capable of Propulsion, self-propelled flight aided usually by a propellant, jet engine or rocket motor. Historically, 'missile' referred to any projectile that is thrown, shot or propelled towards a targ ...

s, and was involved in corporate and special-mission

aircraft An aircraft ( aircraft) is a vehicle that is able to flight, fly by gaining support from the Atmosphere of Earth, air. It counters the force of gravity by using either Buoyancy, static lift or the Lift (force), dynamic lift of an airfoil, or, i ...

until early 2007. In 2018, the company had around 67,000 employees worldwide and annual revenues of about

US$ The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...

25.35 billion. Over the years, Raytheon shifted its headquarters among various Massachusetts locations:

Cambridge Cambridge ( ) is a List of cities in the United Kingdom, city and non-metropolitan district in the county of Cambridgeshire, England. It is the county town of Cambridgeshire and is located on the River Cam, north of London. As of the 2021 Unit ...

from 1922 to 1928; Newton until 1941; Waltham until 1961; and finally, Lexington until 2003.

History

Early years

In 1922,

Vannevar Bush Vannevar Bush ( ; March 11, 1890 – June 28, 1974) was an American engineer, inventor and science administrator, who during World War II, World War II headed the U.S. Office of Scientific Research and Development (OSRD), through which almo ...

, scientist and professor in the Department of Electrical Engineering at the

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a Private university, private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of moder ...

(MIT), along with engineer and physicist Laurence K. Marshall, and scientist Charles G. Smith, founded the American Appliance Company in

Cambridge, Massachusetts Cambridge ( ) is a city in Middlesex County, Massachusetts, United States. It is a suburb in the Greater Boston metropolitan area, located directly across the Charles River from Boston. The city's population as of the 2020 United States census, ...

. Its focus, which was originally on new

refrigeration Refrigeration is any of various types of cooling of a space, substance, or system to lower and/or maintain its temperature below the ambient one (while the removed heat is ejected to a place of higher temperature).IIR International Dictionary of ...

technology, soon shifted to

. The company's first product was a gaseous (

helium Helium (from ) is a chemical element; it has chemical symbol, symbol He and atomic number 2. It is a colorless, odorless, non-toxic, inert gas, inert, monatomic gas and the first in the noble gas group in the periodic table. Its boiling point is ...

) voltage-regulator tube that was based on Charles Smith's earlier

astronomical Astronomy is a natural science that studies celestial objects and the phenomena that occur in the cosmos. It uses mathematics, physics, and chemistry in order to explain their origin and their overall evolution. Objects of interest include ...

research of the star

Zeta Puppis Zeta Puppis (ζ Puppis, abbreviated Zeta Pup, ζ Pup), formally named Naos , is the brightest star in the constellation of Puppis. The spectral class of O4 means this is one of the hottest, and most luminous, stars ...

.Otto J. Scott, The Creative Ordeal, (New York, Atheneum, 1974),16–32 The electron tube was christened with the name ''Raytheon'' (a compound of Old French and Greek meaning 'light from the gods') and was used in a

battery eliminator An AC adapter or AC/DC adapter (also called a wall charger, power adapter, power brick, or wall wart) is a type of external power supply, often enclosed in a case similar to an AC power plugs and sockets, AC plug. AC adapters deliver electri ...

, a type of radio-receiver

power supply A power supply is an electrical device that supplies electric power to an electrical load. The main purpose of a power supply is to convert electric current from a source to the correct voltage, electric current, current, and frequency to power ...

that plugged into the

power grid ''Power Grid'' is the English-language version of the second edition of the multiplayer German-style board game ''Funkenschlag'', designed by Friedemann Friese and first released in 2004. ''Power Grid'' was released by Rio Grande Games. I ...

in place of large batteries. This made it possible to convert household

alternating current Alternating current (AC) is an electric current that periodically reverses direction and changes its magnitude continuously with time, in contrast to direct current (DC), which flows only in one direction. Alternating current is the form in w ...

to a regulated, high voltage

direct current Direct current (DC) is one-directional electric current, flow of electric charge. An electrochemical cell is a prime example of DC power. Direct current may flow through a conductor (material), conductor such as a wire, but can also flow throug ...

for radios and thus eliminate the need for expensive, short-lived batteries. In 1925, the company changed its name to Raytheon Manufacturing Company and began marketing its rectifier, under the Raytheon brand name, with commercial success. In 1928 Raytheon merged with Q.R.S. Company, an American manufacturer of electron tubes and switches, to form the successor of the same name, Raytheon Manufacturing Company. By the 1930s, it had already grown to become one of the world's largest vacuum tube manufacturing companies. In 1933 it diversified by acquiring Acme-Delta Company, a producer of

transformer In electrical engineering, a transformer is a passive component that transfers electrical energy from one electrical circuit to another circuit, or multiple Electrical network, circuits. A varying current in any coil of the transformer produces ...

s, power equipment, and electronic

auto parts This is a list of auto parts, which are manufactured components of automobiles. This list reflects both fossil-fueled cars (using internal combustion engines) and electric vehicles; the list is not exhaustive. Many of these parts are also used o ...

During World War II

Early in World War II, physicists in the United Kingdom invented the

magnetron The cavity magnetron is a high-power vacuum tube used in early radar systems and subsequently in microwave oven, microwave ovens and in linear particle accelerators. A cavity magnetron generates microwaves using the interaction of a stream of ...

, a specialized

microwave Microwave is a form of electromagnetic radiation with wavelengths shorter than other radio waves but longer than infrared waves. Its wavelength ranges from about one meter to one millimeter, corresponding to frequency, frequencies between 300&n ...

-generating electron tube that markedly improved the capability of radar to detect enemy aircraft. American companies were then sought by the US government to perfect and mass-produce the magnetron for ground-based, airborne, and shipborne radar systems, and, with support from the

's Radiation Laboratory (recently formed to investigate microwave radar), Raytheon received a contract to build the devices. Within a few months, Raytheon began to manufacture magnetron tubes for use in radar sets, and then complete radar systems. During the war, Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection. Raytheon was also a contractor for the mass-production of miniature shock-resistant vacuum tubes used in proximity fuses. These tubes were difficult to manufacture and required rigorous attention to detail. At war's end in 1945, the company had built about 80 percent of all magnetrons. Raytheon ranked 71st among U.S. corporations in the value of World War II military production contracts. In 1945, Raytheon's Percy Spencer invented the

microwave oven A microwave oven, or simply microwave, is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. This induces Dipole#Molecular dipoles, polar molecules in the food to rotate and ...

by discovering that the magnetron could rapidly heat food. In 1947, the company demonstrated the Radarange microwave oven for commercial use.

After World War II

During the post-war years, Raytheon also made generally low- to medium-powered radio and television

transmitter In electronics and telecommunications, a radio transmitter or just transmitter (often abbreviated as XMTR or TX in technical documents) is an electronic device which produces radio waves with an antenna (radio), antenna with the purpose of sig ...

s and related equipment for the commercial market, but the high-powered market was solidly in the hands of larger, better-financed competitors such as Continental Electronics,

General Electric General Electric Company (GE) was an American Multinational corporation, multinational Conglomerate (company), conglomerate founded in 1892, incorporated in the New York (state), state of New York and headquartered in Boston. Over the year ...

and

Radio Corporation of America RCA Corporation was a major American electronics company, which was founded in 1919 as the Radio Corporation of America. It was initially a patent pool, patent trust owned by General Electric (GE), Westinghouse Electric Corporation, Westinghou ...

. In 1946, the company expanded its electronics capability through acquisitions that included the Submarine Signal Company (founded in 1901), a leading manufacturer of maritime safety equipment. With its broadened capabilities, Raytheon developed the first guidance system for a missile that could intercept a flying target. In 1948, Charles Francis Adams IV was appointed president of the company and served until 1960. In 1948, Raytheon began to manufacture

s. In 1950, its

Lark Larks are passerine birds of the family Alaudidae. Larks have a cosmopolitan distribution with the largest number of species occurring in Africa. Only a single species, the horned lark, occurs in North America, and only Horsfield's bush lark occ ...

became the first such missile to destroy a target aircraft in flight. Raytheon then received military contracts to develop the air-to-air Sparrow and ground-to-air

Hawk Hawks are birds of prey of the family Accipitridae. They are very widely distributed and are found on all continents, except Antarctica. The subfamily Accipitrinae includes goshawks, sparrowhawks, sharp-shinned hawks, and others. This ...

missiles, projects that received impetus from the

Korean War The Korean War (25 June 1950 – 27 July 1953) was an armed conflict on the Korean Peninsula fought between North Korea (Democratic People's Republic of Korea; DPRK) and South Korea (Republic of Korea; ROK) and their allies. North Korea was s ...

. In later decades, it remained a major producer of missiles, such as the Patriot antimissile missile and the air-to-air Phoenix missile. Raytheon made a foray into computers, producing the RAYDAC computer for the U.S. Navy which became operational in 1953. "Unfortunately, the machine was technically obsolete by the time it was operational." Also in 1953, the company began work on a follow-on, the RAYCOM, which was never completed. In 1954, it entered into a joint venture with

Honeywell Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building automation, industrial automa ...

to form the Datamatic corporation. However it sold its interest to Honeywell a year later, before introduction of the DATAmatic 1000 system. In 1958, Raytheon acquired the marine electronics company Applied Electronics Company to make commercial marine navigation and radio gear, as well as less-expensive Japanese suppliers of products such as marine/weather band radios and direction-finding gear. In the same year, it changed its name to Raytheon Company. In the 1950s, Raytheon began manufacturing

transistor A transistor is a semiconductor device used to Electronic amplifier, amplify or electronic switch, switch electrical signals and electric power, power. It is one of the basic building blocks of modern electronics. It is composed of semicondu ...

s, including the CK722, priced and marketed to hobbyists. In 1961, the British electronics company A.C. Cossor merged with Raytheon, following its sale by

Philips Koninklijke Philips N.V. (), simply branded Philips, is a Dutch multinational health technology company that was founded in Eindhoven in 1891. Since 1997, its world headquarters have been situated in Amsterdam, though the Benelux headquarter ...

. The new company's name was Raytheon Cossor. The Cossor side of the organisation was still in the Raytheon group in 2010. In 1965, it acquired Amana Refrigeration, Inc., a manufacturer of

refrigerator A refrigerator, commonly shortened to fridge, is a commercial and home appliance consisting of a thermal insulation, thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to ...

s and air conditioners. Using the Amana brand name and its distribution channels, Raytheon began selling the first countertop household

in 1967 and became a dominant manufacturer in the microwave oven business. In 1966, the company entered the educational publishing business with the acquisition of D.C. Heath and Company, marketing an influential physics textbook developed by the Physical Science Study Committee. Raytheon also manufactured the

Apollo Guidance Computer The Apollo Guidance Computer (AGC) was a digital computer produced for the Apollo program that was installed on board each Apollo command module (CM) and Apollo Lunar Module (LM). The AGC provided computation and electronic interfaces for guidanc ...

, which was introduced that year and flew aboard all

NASA The National Aeronautics and Space Administration (NASA ) is an independent agencies of the United States government, independent agency of the federal government of the United States, US federal government responsible for the United States ...

Project Apollo The Apollo program, also known as Project Apollo, was the United States human spaceflight program led by NASA, which Moon landing, landed the first humans on the Moon in 1969. Apollo followed Project Mercury that put the first Americans in sp ...

missions. In the late 1970s, Raytheon acquired McGraw-Edison's appliances division notable for the Speed Queen line of washers and dryers.

1980s

In 1980, Raytheon acquired Beech Aircraft Corporation, a leading manufacturer of general aviation aircraft founded in 1932 by Walter H. Beech. In 1993, the company expanded its aircraft activities by adding the Hawker line of business jets by acquiring Corporate Jets Inc., the business jet product line of

British Aerospace British Aerospace plc (BAe) was a British aircraft manufacturer, aircraft, munitions and defence-systems manufacturer that was formed in 1977. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. ...

(now

BAE Systems BAE Systems plc is a British Multinational corporation, multinational Aerospace industry, aerospace, military technology, military and information security company, based in London. It is the largest manufacturer in Britain as of 2017. It is ...

). These two entities were merged in 1994 to become the Raytheon Aircraft Company. In the first quarter of 2007 Raytheon sold its aircraft operations, which subsequently operated as Hawker Beechcraft, and since 2014 have been units of Textron Aviation. The product line of Raytheon's aircraft subsidiary included

business jet A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking coworker, associates. Business jets are generally designed for faster air travel and more ...

s such as the Hawker 800XP and Hawker 4000, the Beechjet 400A, and the Premier I; the popular King Air series of twin turboprops; and piston-engine aircraft such as the

Bonanza ''Bonanza'' is an American Western television series that ran on NBC from September 12, 1959, to January 16, 1973. Lasting 14 seasons and 431 episodes, ''Bonanza'' is NBC's longest-running Western, the second-longest-running Western series on ...

. Its special-mission aircraft included the single-turboprop

T-6A Texan II The Beechcraft T-6 Texan II is a single-engine turboprop aircraft built by Textron Aviation. It is a license-built Pilatus PC-9, a trainer aircraft. The T-6 replaced the United States Air Force's Cessna T-37 Tweet, Cessna T-37B Tweet and the U ...

, which the

United States Air Force The United States Air Force (USAF) is the Air force, air service branch of the United States Department of Defense. It is one of the six United States Armed Forces and one of the eight uniformed services of the United States. Tracing its ori ...

and

United States Navy The United States Navy (USN) is the naval warfare, maritime military branch, service branch of the United States Department of Defense. It is the world's most powerful navy with the largest Displacement (ship), displacement, at 4.5 millio ...

had chosen as their primary training aircraft.

1990s

In 1991, during the

Persian Gulf War , combatant2 = , commander1 = , commander2 = , strength1 = Over 950,000 soldiers3,113 tanks1,800 aircraft2,200 artillery systems , page = https://www.govinfo.gov/content/pkg/GAOREPORTS-PEMD-96- ...

, Raytheon's Patriot missile received great international exposure, resulting in a substantial increase in sales for the company outside the United States. In an effort to establish leadership in the defense electronics business, Raytheon purchased in quick succession Dallas-based

E-Systems Raytheon Intelligence, Information, and Services (RIIS or IIS) is a business unit of Raytheon Company headquartered in Dulles, Virginia. IIS specializes in intelligence, surveillance, and reconnaissance, advanced cybersecurity services; weather ...

(1995);

Chrysler Corporation FCA US, LLC, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the " Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of ...

's defense electronics and aircraft-modification businesses, which had previously acquired companies such as Electrospace systems (1996) (portions of these businesses were later sold to L-3 Communications), and the defense unit of

Texas Instruments Texas Instruments Incorporated (TI) is an American multinational semiconductor company headquartered in Dallas, Texas. It is one of the top 10 semiconductor companies worldwide based on sales volume. The company's focus is on developing analog ...

, Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of

Hughes Aircraft Company The Hughes Aircraft Company was a major American aerospace and defense contractor founded on February 14, 1934 by Howard Hughes in Glendale, California, as a division of the Hughes Tool Company. The company produced the Hughes H-4 Hercules air ...

from Hughes Electronics Corporation, a subsidiary of

General Motors General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. The company is most known for owning and manufacturing f ...

, which included a number of product lines previously purchased by Hughes Electronics, including the former

General Dynamics General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth largest defense contractor in the world by arms sales and fifth largest in the Unit ...

missile business (Pomona facility), the defense portion of

Delco Electronics Delco Electronics Corporation was the automotive electronics design and manufacturing subsidiary of General Motors based in Kokomo, Indiana, that manufactured ''Delco'' Automobile radios and other electric products found in GM cars. In 1972, Gen ...

(Delco Systems Operations), and Magnavox Electronic Systems. Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration, Raytheon Commercial Laundry (purchased by

Bain Capital Bain Capital, LP is an American Investment company, private investment firm based in Boston, Massachusetts, Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, p ...

's Alliance Laundry Systems), and Seismograph Service Ltd (sold to

Schlumberger Schlumberger (), doing business as SLB, is a global multinational oilfield services company. Founded in France in 1926, the company is now incorporated as Schlumberger NV in Willemstad, Curaçao, with principal executive offices in Houston ...

- Geco-Prakla). On October 12, 1999, Raytheon exited the personal rapid transit (PRT) business as it terminated its PRT 2000 system due to the high cost of development and the lack of interest.Raytheon PRT Prospects Dim but not Doomed. Peter Samuel.
October 1999.

2000s

During the

September 11 attacks The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into ...

of 2001, Raytheon had an office in the South Tower of the World Trade Center on the 91st floor. Their office, being 6 floors above where

United Airlines Flight 175 United Airlines Flight 175 was a domestic passenger flight from Logan International Airport in Boston to Los Angeles International Airport in California that was hijacked by five al-Qaeda terrorists on the morning of September 11, 2001, as ...

collided with the building, was spared from the immediate collision, but was utterly destroyed in the subsequent collapse of the South Tower. In November 2007, Raytheon purchased Sarcos for an undisclosed sum, seeking to expand into robotics research and production. In September 2009, Raytheon purchased Bolt Beranek and Newman Inc. as a wholly owned subsidiary.

2010s

In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $490 million. In October 2014, Raytheon beat rivals

Lockheed Martin The Lockheed Martin Corporation is an American Arms industry, defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995. It is headquartered in North ...

and

Northrop Grumman Northrop Grumman Corporation is an American multinational Aerospace manufacturer, aerospace and Arms industry, defense company. With 97,000 employees and an annual revenue in excess of $40 billion, it is one of the world's largest Arms industry ...

for a contract to build 3DELRR, a next-generation long-range radar system, for the USAF worth an estimated $1 billion. The contract award was immediately protested by Raytheon's competitors, Lockheed Martin and Northrop Grumman. After re-evaluating the bids following the protests, the USAF decided to delay awarding the 3DELRR EMD contract until 2017 and was to issue an amended solicitation at the end of July 2016. In 2017 the USAF again awarded the contract to Raytheon. In May 2015, Raytheon acquired cybersecurity firm Websense, Inc. from Vista Equity Partners for $1.9 billion and combined it with RCP, formerly part of its IIS segment to form Raytheon, Websense. In October 2015, Raytheon, Websense acquired Foreground Security for $62 million. In January 2016, Raytheon, Websense acquired the firewall provider Stonesoft from

Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer compo ...

Security for an undisclosed amount and renamed itself to Forcepoint. In July 2016, Poland's Defence Minister Antoni Macierewicz planned to sign a letter of intent with Raytheon for a $5.6 billion deal to upgrade its Patriot missile-defence shield. In 2017, Saudi Arabia signed business deals worth billions of dollars with multiple American companies, including Raytheon. In July 2019, Qatar's Ministry of Defense committed to acquire Raytheon's NASAM and Patriot missile defense systems. The company would later be fined for paying bribes to a Qatari officials to influence defense purchases.

2020s

In February 2020, Raytheon completed the first radar antenna array for the US Army's new missile defense radar, known as the Lower Tier Air and Missile Defense Sensor (LTAMDS), to replace the service's Patriot air and missile defense system sensor. In April 2020, the company merged with

to form Raytheon Technologies. The merged company is headquartered in Arlington, Virginia rather than UTC's base in

Farmington, Connecticut Farmington is a town in Hartford County, Connecticut, Hartford County in the Farmington Valley area of central Connecticut in the United States. The town is part of the Capitol Planning Region, Connecticut, Capitol Planning Region. The populati ...

. Raytheon was sanctioned by the Chinese government in October 2020, and February 2023 due to arm sales to Taiwan. In July 2023, Raytheon Technologies renamed themselves to

and merged the Raytheon Intelligence & Space and Raytheon Missiles & Defense business segments to form a new Raytheon business segment. In August 2024, RTX agreed to pay a $200 million fine for the unauthorized export of defense technology to China, Russia, Iran, and elsewhere, to settle more than 750 violations of the Arms Export Control Act and the International Traffic in Arms Regulations, or ITAR. The company was allowed to pay only half the fine to the government and to put half of the fine toward “remedial compliance measures to strengthen RTX’s compliance program.” In October 2024, RTX agreed to pay nearly $1 billion to settle allegations of defrauding the U.S. Defense Department and bribing a Qatari military official. Company officials said the misconduct mostly occurred before 2020 and pledged to improve its compliance programs.

Finances

For the fiscal year 2017, Raytheon reported earnings of US$2.024 billion, with an annual revenue of US$25.348 billion, an increase of 5.1% over the previous fiscal cycle. Raytheon's shares traded at over $164 per share, and its market capitalization was valued at over US$51.7 billion in November 2018.

Company structure

Businesses

Raytheon is composed of five major business divisions: * Integrated Defense Systems—based in

Tewksbury, Massachusetts Tewksbury is a town in Middlesex County, Massachusetts, United States. Its population was 31,342 as of the 2020 United States census. History Tewksbury was first settled in 1637 and was officially incorporated on December 17, 1734, from Bil ...

; Ralph Acaba, President * Intelligence, Information and Services—based in Dulles, Virginia; Dave Wajsgras, President * Missile Systems—based in

Tucson, Arizona Tucson (; ; ) is a city in Pima County, Arizona, United States, and its county seat. It is the second-most populous city in Arizona, behind Phoenix, Arizona, Phoenix, with a population of 542,630 in the 2020 United States census. The Tucson ...

; Wesley Kremer, President * Space and Airborne Systems—based in

McKinney, Texas McKinney is a city in and the county seat of Collin County, Texas, United States. It is Collin County's third-largest city, after Plano, Texas, Plano and Frisco, Texas, Frisco. A suburb of the Dallas–Fort Worth metroplex, McKinney is about ...

; Roy Azevedo, President * Forcepoint—based

Austin, Texas Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and W ...

; CEO, Matt Moynahan Raytheon's businesses are supported by several dedicated international operations including: Raytheon Australia; Raytheon Canada Limited; operations in Japan; Raytheon Microelectronics in Spain; Raytheon UK (formerly Raytheon Systems Limited); and ThalesRaytheonSystems, France.

Strategic Business Areas

In recent years, Raytheon has expanded into other fields while redefining some of its core business activities. Raytheon has identified five key 'Strategic Business Areas' where it is focusing its expertise and resources: *

Homeland Security Homeland security is an American national security term for "the national effort to ensure a homeland that is safe, secure, and resilient against terrorism and other hazards where American interests, aspirations, and ways of life can thrive" to ...

Missile Defense Missile defense is a system, weapon, or technology involved in the detection, tracking, interception, and also the destruction of attacking missiles. Conceived as a defense against nuclear weapon, nuclear-armed intercontinental ballistic mi ...

* Precision Engagement *

Intelligence Intelligence has been defined in many ways: the capacity for abstraction, logic, understanding, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, critical thinking, and problem-solving. It can be described as t ...

Surveillance Surveillance is the monitoring of behavior, many activities, or information for the purpose of information gathering, influencing, managing, or directing. This can include observation from a distance by means of electronic equipment, such as ...

Reconnaissance In military operations, military reconnaissance () or scouting is the exploration of an area by military forces to obtain information about enemy forces, the terrain, and civil activities in the area of operations. In military jargon, reconnai ...

(ISR) * Process Improvement (Raytheon Lean6)

Leadership

In March 2014, Thomas Kennedy was named CEO of Raytheon Company. Kennedy succeeded William H. Swanson, who was CEO since 2003. Swanson remained as

Chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

through September 2014 when Kennedy became chairman as well as CEO. Other current and former members of the

board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...

of Raytheon were: Vernon Clark, James E. Cartwright, John Deutch, Stephen J. Hadley, George R. Oliver, Frederic Poses, Michael Ruettgers, Ronald Skates, William Spivey, and Linda Stuntz.

Ownership

As of December 2014, according to filed reports, the top ten institutional shareholders of Raytheon are

Wellington Management Company Wellington Management Company is a private, independent investment management firm with client assets under management totaling over US$1 trillion based in Boston, Massachusetts, United States. The firm serves as an investment advisor A fi ...

, Vanguard Group, State Street Corporation, Barrow, Hanley, Mewhinney & Strauss, BlackRock Institutional Trust Company, BlackRock Advisors, Bank of America, Bank of New York Mellon, Deutsche Bank and Macquarie Group.

Products and services

Overview

Raytheon provides electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services. Raytheon's electronics and defense-systems units produce air-, sea-, and land-launched missiles, aircraft radar systems, weapons sights and targeting systems, communication and battle-management systems, and satellite components.

Air traffic control systems

*FIRSTplus Air Traffic Control Simulator *AutoTrac III ATM System *Standard Terminal Automation Replacement System, STARS

Radars and sensors

Raytheon is a developer and manufacturer of radars (including Active Electronically Scanned Array, AESAs), electro-optical sensors, and other advanced electronics systems for airborne, naval and ground based military applications. Examples include: * APG-63 and APG-70 radars, APG-63/APG-70 radars for the F-15 Eagle * APG-65, APG-73, and APG-79 radars, APG-65/APG-73/APG-79 radars for the F/A-18 Hornet * AN/APG-77, APG-77 radar for the F-22 Raptor (joint development with

) * AN/APG-84, APG-84 RACR radar * ALE-50 Towed Decoy System, ALE-50 towed decoy * ALR-67 Radar Warning Receiver, ALR-67(V)3 and ALR-69A radar warning receivers * AN/APQ-181 (AESA upgrade currently in development), for the B-2 Spirit bomber * Integrated Sensor Suite (ISS) for the RQ-4 Global Hawk UAV * ASQ-228 ATFLIR (Advanced Targeting FLIR, Forward-Looking Infrared) pod * AN/TPQ-36 Firefinder radar, TPQ-36/AN/TPQ-37 Firefinder radar, TPQ-37 Firefinder and MPQ-64 Sentinel mobile battlefield radars * F-16 RACR, designed for the F-16 using AESA technology * SLQ-32 shipboard EW system * Large fixed-site radars such as PAVE PAWS, BMEWS, and the Missile Defense Agency X-band Radar (XBR)

Satellite sensors

Raytheon, often in conjunction with Boeing, Lockheed Martin or Northrop Grumman, is also heavily involved in the satellite sensor business. Much of its Space and Airborne Systems division in El Segundo, California, El Segundo, California, CA is devoted to this, a business it inherited from Hughes Electronics, Hughes. Examples of programs include: * Space Tracking and Surveillance System (STSS), being developed for the Ballistic Missile Defense. Raytheon is building the sensor payload. Additionally, the El Segundo site is the company center of excellence for the development and production of laser products. * Raytheon company's Navy Multiband Terminal (NMT) is the first advanced, next-generation satellite communications (SATCOM) system to successfully log on to and communicate with the U.S. government's Milstar SATCOM system using low and medium data rate waveforms. The system provides naval commanders and sailors with greater data capacity, as well as improved protection against enemy intercept and jamming. * Visible Infrared Imaging Radiometer Suite (VIIRS), was developed by Raytheon Space and Airborne Sensors and is currently in operation on the Suomi NPP satellite. Future deliveries of VIIRS will fly onboard JPSS to continue the operational space based climate and weather sensing legacy of the MODIS sensors.

Communications

* The company also makes several software radio and digital communication systems for military applications such as Cooperative Engagement Capability (CEC), is participating in Navy-Marine Corps Intranet (NMCI), ECHELON and the Joint Tactical Terminal (JTT) programs. * Digital Multimedia Watchdog, a tool used by the FBI to record phone calls and Internet communications.

Radioactive materials detection system

As part of the company's growing homeland security business and strategic focus, Raytheon has teamed with other contractors to develop an Advance Spectroscopic Portal (ASP) to allow border officials to view and identify radioactive materials in vehicles and shipping containers more effectively.

Semiconductors

Raytheon also manufactures semiconductors for the electronics industry in sites in the US and UK. In the late 20th century it produced a wide range of integrated circuits and other components, but as of 2003 its US semiconductor business specializes in gallium arsenide (GaAs) components for radio communications as well as infrared detectors. It is also making efforts to develop gallium nitride (GaN) components for next-generation radars and radios. The UK arm specialized in CMOS on silicon carbide (SiC) development and foundry work but is no longer taking on new orders, having been on the premises for 57 years.

Missile defense systems

In the framework of Ground-Based Midcourse Defense, Raytheon is developing a Ground Based Interceptor (GBI) that includes a booster missile and a Projectile#Explosive charge or kinetic, kinetic Exoatmospheric Kill Vehicle (EKV), along with several key radar components, such as the Sea-Based X-Band Radar (SBX) and the Upgraded Early Warning Radar (UEWR).

Missiles

Raytheon is a developer of missiles and related missile defense systems. These include: * AGM-65 Maverick * AGM-88 HARM * AGM-129 ACM, AGM-129 Advanced Cruise Missile * AGM-154 Joint Standoff Weapon * AIM-7 Sparrow * AIM-9 Sidewinder * AIM-54 Phoenix * AIM-120 AMRAAM * BGM-71 TOW * Tomahawk (missile family), BGM-109 Tomahawk * FGM-148 Javelin * FIM-92 Stinger * Paveway, GBU-28 Paveway III * Peregrine air-to-air missile * MIM-23 Hawk * MIM-104 Patriot * RIM-7 Sea Sparrow * RIM-161 Standard Missile 3 * RIM-162 ESSM * Pyros (bomb), Pyros

Environmental record

Two lawsuits were filed against a Raytheon Company plant in St. Petersburg, Florida, due to concern with health risks, property values, and contamination in April 2008. Raytheon was given until the end of the month to independently test whether or not the groundwater that originated from its area was contaminated. According to the Florida Department of Environmental Protection (DEP), the groundwater contained carcinogenic contaminants, including trichloroethylene, 1,4-dioxane, and vinyl chloride. The DEP also reported that the clouds contained other toxins, such as lead and toluene. In 1995, Raytheon acquired Dallas-based E-Systems, including a site in St. Petersburg, Florida, In November 1991, prior to Raytheon's acquisition, contamination had been discovered at the E-Systems site. Soil and groundwater had been contaminated with the volatile organic compounds trichloroethylene and 1,4-Dioxane. In 2005, groundwater monitoring indicated polluted groundwater was moving into areas outside the site. According to DEP documentation, Raytheon has tested wells on its site since 1996 but had not delivered a final report; therefore, it was given a deadline on May 31, 2008, to investigate its groundwater. Contamination in the area has not affected anyone's drinking water supply or health, yet due to negative local media coverage lawsuits are being filed with claims against Raytheon citing decreases in property values. In another case, Raytheon was ordered by the United States Environmental Protection Agency, Environmental Protection Agency (EPA) to treat groundwater at the Tucson Plant (acquired during the merger with Hughes) in Arizona since Raytheon used and disposed metals, chlorinated solvents, and other substances at the plant since 1951. The EPA further required the installation and operation of an oxidation process system to treat the solvents and make the water safe to drink. On 9 August 2006, The Stream Contact Centre in Derry, Northern Ireland, which had a contract with Raytheon at the time, was Raytheon 9, attacked by protesters. They destroyed the computers, documents, and mainframe of the office, and proceeded to occupy it for eight hours prior to their arrest. The activists were charged with criminal damage and affray under terrorism laws. The trial of six of the accused began May 19, 2008, in the Laganside Courts in Belfast. Colm Bryce, Gary Donnelly, Kieran Gallagher, Michael Gallagher, Sean Heaton, Jimmy Kelly, Paddy McDaid and Eamonn O'Donnell were acquitted of all charges on 11 June, with Eamonn McCann found guilty of the theft of two computer discs. By 2013, the company was also awarded the Goal Achievement Award by the EPA for excellence in greenhouse gas management.

References

External links

Raytheon Company website (Archived)

Raytheon Company Semiconductor Division Files Kept to Monitor the Electronics Industry, 1965–1986
(call number M0661; 11.5 linear ft.) are housed in th

a
Stanford University Libraries

Direct political contributions
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