Corporate
Raytheon was incorporated in 1922. Raytheon is a global leader in technology and it provides state-of-the-art mission systems integration, electronics, and other potential services in the field of sensing, effects, command, control, intelligence systems and communications for both defense and non-defense requirements. It also has a wide variety of mission support services. Raytheon is a world leader in designing, developing, and producing missile systems. Raytheon has a wide variety of products and services in space, information technology, business, aviation, government electronics, special mission aircraft, and technical services.Raytheon ranks fifth among all the military contractors in the world. Raytheon earns 90% of its revenues from defense contracts. The reason for Raytheon's prosperity in the global market is its clear and firm commitment to its customers. Raytheon's customers are present in 70 countries of the world. Raytheon's offices are located in 18 countries. In the United Kingdom, it is known as Raytheon Systems Limited, in Australia, it is known as Raytheon Australia, and in Canada it is known as Raytheon Canada.
The overseas operation of Raytheon is carried out by Raytheon International, Inc.
The strategic business areas of Raytheon are:
- Homeland security
- Missile Defense
- Precision Engagement
- Intelligence Surveillance & Reconnaissance
Activities
The businesses of Raytheon can be categorized into the following parts:- Integrated Defense Systems: This provides integrated and affordable solutions to a global customer base which includes the U.S. Armed Forces, U.S. Missile Defense Agency, and the Homeland Security Department. IDS plays a leading role in Raytheon's Joint Battlespace Integration.
- Intelligence & Information Systems: In Raytheon's Intelligence & Information Systems (IIS), data is converted into knowledge. In order to make a decision which is accurate and timely, IIS provides intelligence and information solutions to the customer providing the right knowledge at the right time. With the help of these solutions, significant achievements at the national level can be met. Raytheon is the only source of trusted intelligence solution.
- Network Centric Systems: Network Centric Systems (NCS) conceptualizes and generates mission solutions in the fields of command and control, networking, battlespace awareness, and air traffic management. The programs are namely civilian applications, command and control systems, netted sensor systems, and integrated communication systems. NCS provides services to all branches of the U.S Military, the National Guard, The Federal Aviation Administration, Homeland Security Department, other U.S. National Security Agencies, and also international customers.
- Missile Systems: Missile systems operates in the field of designing, developing, and producing missile systems for specific requirements which include air-to-air, strike, Surface Navy Air Defense, land combat missiles, exoatmospheric kill vehicles, directed energy weapons, and guided projectiles.
- Space and Airborne Systems: Raytheon Space and Airborne Systems designs and develops integrated systems which can be used for vital missions and is a stalwart in this field. Military and civil customers got their continued support for decades.
- Raytheon Technical Services Company LLC: RTSC provides services which are technical, scientific, and professional in nature to a global base of commercial, defense, and federal customers. The activities are mission support, counter-proliferation and counter-terrorism, customized engineering services, and base and range operations.
Raytheon Professional Services: It is a world leader in outsourcing and learning services.
Performance
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The Net Sales for the year ended 31-12-2006 amounted to $ 20,291 Million compared to $ 19,038 Million for the year ended 31-12-2005.
The following table shows the trend of Net Profit of the company for the last five years:
The following table shows the trend of total assets held by the company over the last five years:
Address:870 Winter Street, Waltham, MA 02451-1499Tel: 781-522-3000 www.raytheon.com |
OrganizationRepresentative: William H. Swanson, Chief Executive OfficerNo of Employees: 73,000 |
