Raytheon
Sign in to saveRaytheon is a business unit of RTX Corporation and is a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies Corporation to form Raytheon Technologies, which changed its name to RTX Corporation in July 2023.
Key facts
- Company.name
- Raytheon Company
- Company.logo
- Raytheon.svgclass=skin-invert
- Company.image
- Raytheon headquarters.jpg
- Company.image_caption
- Raytheon's former headquarters complex in Waltham, Massachusetts
- Company.type
- Public company
- Company.fate
- Merged with United Technologies
- Company.successor
- RTX Corporation
- Company.founded
- , in Cambridge, Massachusetts, U.S.
- Company.founder
- Vannevar BushLaurence K. MarshallCharles G. Smith
- Company.area_served
- Worldwide
- Company.key_people
- Phil Jasper (chairman and CEO)
- Company.industry
- Aerospace and defense
- Company.revenue
- US$29.18 billion (2019)
- Company.net_income
- US$3.34 billion (2019)
- Company.num_employees
- ~67,000 (2018)
via Wikipedia infobox
Article
30 sectionsContents
- History
- Early years
- During World War II
- After World War II
- 1980s
- 1990s
- 2000s
- 2010s
- 2020s
- Finances
- Company structure
- Businesses
- Strategic Business Areas
- Leadership
- Ownership
- Products and services
- Overview
- Air traffic control systems
- Radars and sensors
- Satellite sensors
- Communications
- Radioactive materials detection system
- Semiconductors
- Missile defense systems
- Missiles
- Environmental record
- Criminal and civil settlements
- See also
- References
- External links
Raytheon is a business unit of RTX Corporation and is a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies Corporation to form Raytheon Technologies, which changed its name to RTX Corporation in July 2023.
Raytheon was established in 1922, reincorporated in 1928, and adopted the Raytheon Company name in 1959. More than 90% of Raytheon's revenues were obtained from military contracts and by 2012, it was the fifth-largest military contractor in the world. In 2015, it had become the third-largest defense contractor in the United States, by defense revenue. It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007. Bloomberg noted (in 2018) that the company held 67,000 employees, worldwide, and annual revenues of about US$ 25.35 billion, in 2018.
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1922 establishments in Massachusetts2020 disestablishments in Massachusetts2020 mergers and acquisitionsAerospace companies of the United StatesAmerican companies disestablished in 2020American companies established in 1922American entities subject to Chinese government sanctionsCollier Trophy recipientsCompanies based in Waltham, MassachusettsCompanies formerly listed on the New York Stock Exchange