Raytheon

Raytheon Company is a technology and innovation leader specializing in defense, security and civil markets throughout the world.

The Raytheon Company is a major U.S. defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics and infosecurity.

Raytheon was established in 1922, the company reincorporated in 1928 and adopted its present name in 1959. In 2003, Raytheon's headquarters moved from Lexington, Massachusetts, to Waltham, Massachusetts. The company had previously been headquartered in Cambridge, Massachusetts, from 1922 to 1928, Newton, Massachusetts, from 1928 to 1941, Waltham from 1941 to 1961 and Lexington from 1961 to 2003.

Raytheon has around 63,000 employees worldwide and annual revenues of approximately US$25 billion. 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. As of 2015, it is the third largest defense contractor in the United States by defense revenue.

In addition to its US domestic facilities, Raytheon has offices in countries worldwide, including Australia, Belgium, Brazil, Canada, Chile, China, Czech Republic, Egypt, France, Germany, Greece, India, Israel, Italy, Japan, Kuwait, Malaysia, Marshall Islands, New Zealand, Norway, Republic of Korea, Singapore, Saudi Arabia, Spain, Sweden, Taiwan, Thailand, Turkey, United Arab Emirates, and the United Kingdom.

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.

Raytheon is #119 on the 2017 Fortune 500 list.

 

Raytheon in the News:

Raytheon To Flight Test DeepStrike Missile In 2019.
Raytheon awards scholarships to Student Veterans of America members.
DigitalGlobe selects Raytheon as satellite imaging payload provider for WorldView Legion constellation.

 

 

  • Year founded: 1922
  • Funding Info: Raytheon has made over 20 acquisitions as well as 3 investments to date!
  • Yearly Revenue: $25.35B (2017)
  • Employee Size: 10000+
  • Business Valuation: Mkt Cap: $53.01B as of Feb 25, 2019
  • City/Town: Waltham
  • State: Massachusetts
  • Country: United States
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