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Raytheon

Coordinates: 42°24′20.1″N 71°16′57.8″W / 42.405583°N 71.282722°W / 42.405583; -71.282722
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This article is about the defunct company prior to its merger with United Technologies. For the post-merger company, see Raytheon Technologies.

42°24′20.1″N 71°16′57.8″W / 42.405583°N 71.282722°W / 42.405583; -71.282722

Raytheon Company
NYSE: RTN
IndustryAerospace and defense
FoundedCambridge, Massachusetts, United States (1922)
FounderVannevar Bush
Laurence K. Marshall
Charles G. Smith
DefunctApril 3, 2020 (2020-04-03)
FateMerged into Raytheon Technologies
HeadquartersWaltham, Massachusetts, U.S.[citation needed]
Area served
Worldwide
Key people
Thomas A. Kennedy[1]
(Chairman and CEO)
RevenueIncrease US$27.1 billion (2018)[2]
Increase US$3.4 billion (2018)[2]
Increase US$2.909 billion (2018)[2]
Total assetsIncrease US$31.86 billion (2018)[2]
Total equityIncrease US$11.472 billion (2018)[2]
Number of employees
~67,000 (2018)[2]
Websiteraytheon.com

The Raytheon Company was a major U.S. defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon was the world's largest producer of guided missiles.[3] In April 2020, the company merged with United Technologies Corporation to form Raytheon Technologies.[4]

Established in 1922, the company reincorporated in 1928 and adopted its present name in 1959. As of 2018, the company had around 67,000 employees worldwide and annual revenues of approximately US$25.35 billion.[5] 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.[6] As of 2015, it is the third largest defense contractor in the United States by defense revenue.[7]

In 2003, Raytheon's headquarters moved from Lexington, Massachusetts, to Waltham, Massachusetts.[8] 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.

History

An early Raytheon tube box
A Raytheon Tomahawk Block IV cruise missile during a U.S. Navy flight test at NAWS China Lake, California (November 10, 2002)

Early years

In 1922, two former Tufts University School of Engineering, roommates Laurence K. Marshall and Vannevar Bush, along with scientist Charles G. Smith, founded the American Appliance Company in Cambridge, Massachusetts.[9] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The company's first product was a gaseous (helium) rectifier that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis.[10] The electron tube was christened with the name Raytheon ("light of/from the gods"[11]) and was used in a battery eliminator, a type of radio-receiver power supply that plugged into the power grid in place of large batteries. This made it possible to convert household alternating current to direct current 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.[citation needed] By the 1930s, it had already grown to become one of the world's largest vacuum tube manufacturing companies.[citation needed] In 1933 it diversified by acquiring Acme-Delta Company, a producer of transformers, power equipment, and electronic auto parts.[citation needed]

During World War II

Early in World War II, physicists in the United Kingdom invented the magnetron, a specialized microwave-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 Massachusetts Institute of Technology's Radiation Laboratory (recently formed to investigate microwave radar), Raytheon received a contract to build the devices. Within a few months of being awarded the contract, Raytheon had already begun to mass manufacture magnetron tubes for use in radar sets and then complete radar systems. At war's end in 1945 the company was responsible for about 80 percent of all magnetrons manufactured. During the war Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection. Raytheon ranked 71st among United States corporations in the value of World War II military production contracts.[12]

Raytheon's research on the magnetron tube revealed the potential of microwaves to cook food. In 1945, Raytheon's Percy Spencer invented the microwave oven 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

In 1945, 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, Raytheon began to manufacture guided missiles. In 1950, its Lark missile became the first such weapon to destroy a target aircraft in flight. Raytheon then received military contracts to develop the air-to-air Sparrow and ground-to-air Hawk missiles, projects that received impetus from the Korean War. 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.[13] In 1954 it entered into a joint venture with Honeywell to form the Datamatic corporation. However it sold its interest to Honeywell a year later, before introduction of the DATAmatic 1000 system.

In 1959, Raytheon acquired the marine electronics company Apelco Applied Electronics, which significantly increased its strength in 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.

During the post-war years, Raytheon also made generally low- to medium-powered radio and television transmitters 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 and Radio Corporation of America.

In the 1950s, Raytheon began manufacturing transistors, 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. The new Company's name was Raytheon Cossor. The Cossor side of the organisation is still current in the Raytheon group as of 2010.

In 1965, it acquired Amana Refrigeration, Inc., a manufacturer of refrigerators and air conditioners. Using the Amana brand name and its distribution channels, Raytheon began selling the first countertop household microwave oven 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, which was introduced that year and flew aboard all NASA Project Apollo missions.

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 (now BAE Systems). 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 jets 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. Its special-mission aircraft included the single-turboprop T-6A Texan II, which the United States Air Force and United States Navy had chosen as their primary training aircraft.

1990s

In 1991, during the Persian Gulf War, 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 (1995); Chrysler Corporation'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, Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation, a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics, including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic Systems. [citation needed]

Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration and Seismograph Service Ltd (sold to Schlumberger-Geco-Prakla). On October 12, 1999, Raytheon exited the personal rapid transit (PRT) business as it terminated its PRT 2000[14] system due to the high cost of development and the lack of interest.[15]

2000s

In November 2007, Raytheon purchased Sarcos for an undisclosed sum, seeking to expand into robotics research and production.[16]

In September 2009, Raytheon entered into an agreement to acquire BBN Technologies.[17] The acquisition was completed on October 29, 2009.[18]

2010s

In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $490 million.[19]

In October 2014, Raytheon beat rivals Lockheed Martin and Northrop Grumman for a contract to build 3DELRR, a next-generation long-range radar system, for the US Air Force worth an estimated $1 billion.[20]

The contract award was immediately protested by Raytheon's competitors, Lockheed Martin and Northrop Grumman. After re-evaluating the bids following the protests,[21] the US Air Force decided to delay awarding the 3DELRR EMD contract until 2017 and was to issue an amended solicitation at the end of July 2016.[22] In 2017 the Air Force again awarded the contract to Raytheon.[23]

In May 2015, Raytheon acquired cybersecurity firm Websense, Inc. from Vista Equity Partners for $1.9 billion[24] and combined it with RCP, formerly part of its IIS segment to form Raytheon|Websense.[25] In October 2015, Raytheon|Websense acquired Foreground Security, a provider of security operations centers, managed security service solutions[buzzword] and cybersecurity professional services,[26] for $62 million.[27] In January 2016, Raytheon|Websense acquired the firewall provider Stonesoft from Intel Security for an undisclosed amount and renamed itself to Forcepoint.[28]

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.[29][30]

In 2017, Saudi Arabia signed business deals worth billions of dollars with multiple American companies, including Raytheon.[31][32]

In April 2020, the company merged into Raytheon Technologies.[33] The merged company is headquartered in Waltham rather than UTC's base in Farmington, Connecticut.[34]

In July 2019, Qatar’s Ministry of Defense committed to acquire Raytheon’s NASAM and Patriot missile defense systems.[35]

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.[36]

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.[37]

Year Revenue
in mil. USD$ 		Net income
in mil. USD$ 		Total assets
in mil. USD$ 		Price per share
in USD$ 		Employees
2005 18,491 871 24,381 27.58
2006 19,707 1,283 25,491 33.92
2007 21,301 2,578 23,281 42.79
2008 23,174 1,672 23,134 44.40
2009 24,881 1,935 23,607 35.95
2010 25,150 1,840 24,422 40.55
2011 24,791 1,866 25,854 38.75
2012 24,414 1,888 26,686 46.38
2013 23,706 1,996 25,967 61.96 63,000
2014 22,826 2,244 27,716 89.54 61,000
2015 23,321 2,110 29,281 102.58 61,000
2016 24,124 2,244 30,238 128.50 63,000
2017 25,348 2,024 30,860 164.75 64,000

Company structure

Businesses

Raytheon is composed of five major business divisions:[38]

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:

Leadership

In March 2014, Thomas Kennedy was named CEO of Raytheon Company.[40] Kennedy succeeded William H. Swanson, who was CEO since 2003. Swanson remained as Chairman through September 2014 when Kennedy became Chairman as well as CEO.[41] Other current and former members of the board of directors 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.[42]

Ownership

As of December 2014, according to filed reports, the top ten institutional shareholders of Raytheon are Wellington Management Company, 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.[43]

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. View an alphabetical listing of Raytheon's major products and services. See Raytheon products for products manufactured and sold by Raytheon Company.

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
  • STARS

Radars and sensors

A PAVE PAWS Early Warning Radar System built by Raytheon, based at Clear AFS, Alaska

Raytheon is a developer and manufacturer of radars (including AESAs), electro-optical sensors, and other advanced electronics systems for airborne, naval and ground based military applications. Examples include:

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, CA is devoted to this, a business it inherited from Hughes. Examples of programs include:

  • Space Tracking and Surveillance System (STSS), being developed for the Ballistic Missile Defense. Raytheon is building the sensor payload.[citation needed] 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.[44]

Communications

  • Raytheon's Universal Control System (UCS) is an unmanned aerial system (UAS) "cockpit" that improves operator awareness and efficiency, while providing the ability to control multiple unmanned aircraft, and reduce potential accidents.[45]
  • 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.[46]

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.[47]

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 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 missiles on display at the Paris Air Show, 2005

Raytheon is a developer of missiles and related missile defense systems. These include:

Hi-tech simulators

In a jointly managed project with Hughes Aircraft Co., Raytheon developed the Air Warfare Simulation (AWSIM2), currently used by the USAF for battle staff training at simulation centers worldwide.

Raytheon also produces and runs the ABACUS (Advanced BAttlespace CompUter Simulation) or Higher Formation Trainer (HFT) for training HQs from small specialist units up to corps level.

Training Services and Learning Outsourcing

Raytheon Professional Services (RPS) is a global leader[citation needed] in training services and learning outsourcing for over 75 years.[citation needed] Clients are offered training tailored to their needs. The scope of each contract can vary from short-term training initiatives and projects to multi-year outsourcing engagements for some or all of a client’s training function. Services include: (1) Performance Consulting & Learning Strategy Development, (2) Training Design, Development & Delivery, (3) Learning Technologies and (4)Training Administration

Raytheon Six Sigma

Raytheon Six Sigma is the company's disciplined, knowledge-based approach designed to increase productivity, grow the business, enhance customer satisfaction and build a customer culture that embraces all of these goals.[49] Daniel Burnham brought Six Sigma to Raytheon from AlliedSignal in 1998. This internal service provides six steps that guide projects to completion, the six steps being: visualize, commit, prioritize, characterize, improve, and achieve. Raytheon mentions in its annual reports the benefits it has enjoyed through Six Sigma. It has gained USD $3.8 billion in financial benefit and has set a common language and culture across the company.[50]

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.[51] 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.[52] The DEP also reported that the clouds contained other toxins, such as lead and toluene.[51]

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.[53] 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.[51] 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.[54]

In another case, Raytheon was ordered by the 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.[55] The EPA further required the installation and operation of an oxidation process system to treat the solvents and make the water safe to drink.[55]

On 9 August 2006, The Stream Contact Centre in Derry, Northern Ireland, which had a contract with Raytheon at the time, was 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. 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.[7]

Workplace diversity

Advocacy

  • Raytheon is a leading member of the U.S. Global Leadership Coalition, a Washington, D.C.–based coalition of over 400 major companies and NGOs that advocates for a larger International Affairs Budget, which funds American diplomatic, humanitarian, and development efforts abroad.[57]

See also

References

  1. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2015-01-04. Retrieved 2015-01-04.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ a b c d e f "Raytheon Company 2017 Annual Report (Form 10-K)". sec.gov. United States Securities and Exchange Commission. January 2018.
  3. ^ Missile maker hopes to diversify, create technology for peacetime Archived 2012-02-11 at the Wayback Machine. Sazhightechconnect.com. Retrieved on 2012-02-04.
  4. ^ Kilgore, Tomi (April 4, 2020). "Raytheon Technologies' stock, formerly United Technologies, starts trading in". MarketWatch.
  5. ^ "Raytheon". Fortune. Retrieved 2019-06-11.
  6. ^ "Defense News Top 100". Defense News Research. 2012. Retrieved 2013-01-01.
  7. ^ "Top 100 for 2015." Defense News. 2015. Retrieved on 2016-07-26.
  8. ^ "New Raytheon Headquarters to Open Oct. 27 in Waltham, Mass". 2003-10-22. Retrieved 2019-09-18.
  9. ^ Raytheon Australia. History. Archived 2007-08-30 at the Wayback Machine Raytheon Marketing Material.
  10. ^ Otto J. Scott, The Creative Ordeal, (New York, Atheneum, 1974),16–32
  11. ^ Raytheon Company: The Early Days. Raytheon.com. September 30, 2007. Retrieved on 2012-02-04. Archived April 15, 2009, at the Wayback Machine
  12. ^ Peck, Merton J. & Scherer, Frederic M. The Weapons Acquisition Process: An Economic Analysis (1962) Harvard Business School p.619
  13. ^ Flamm, Kenneth (2010). Creating the Computer: Government, Industry and High Technology. Brookings Institution Press. p. 113. ISBN 978-0-8157-2850-4. Retrieved Aug 21, 2019.
  14. ^ PRT 2000 System Concept, "Design and Commercialization of the PRT 2000 Personal Rapid Transit System" by S. J. Gluck, R. Tauber and B. Schupp. University of Washington Web Server.
  15. ^ Raytheon PRT Prospects Dim but not Doomed. Peter Samuel. October 1999.
  16. ^ Jump up ^ Staff (2007-11-14). "Business Briefs". The Lowell Sun (MediaNews Group).
  17. ^ Raytheon Announces Agreement to Purchase BBN Technologies Archived 2012-05-11 at the Wayback Machine WALTHAM, Mass., September 1, 2009. PRNewswire.
  18. ^ Raytheon Completes Acquisition of BBN Technologies MCKINNEY, Texas, October 26, 2009. PRNewswire.
  19. ^ Hubler, David (Dec 20, 2010). "Raytheon buys Applied Signal Technology". Washington Technology. Retrieved Aug 21, 2019.
  20. ^ Raytheon wins deal for next-generation U.S. Air Force radar. Reuters, 7 October 2014
  21. ^ Mehta, Aaron (22 January 2015). "US Air Force to Reevaluate 3DELRR Award". Retrieved 7 August 2017.
  22. ^ USAF delays awarding 3DELRR EMD contract until 2017. Janes, 15 July 2016
  23. ^ Mehta, Aaron (2017-08-08). "Raytheon awarded 3DELRR radar contract for second time". DefenseNews. Retrieved Aug 20, 2019.
  24. ^ Jaisinghani, Sagarika (2015-04-25). "Raytheon to buy cybersecurity firm Websense in $1.9 billion deal". Reuters. Retrieved 2018-10-30.
  25. ^ Bach, James (2016-01-14). "Raytheon-Websense joint cyber venture changes name to Forcepoint". Washington Business Journal. Retrieved 2018-10-31.
  26. ^ "Raytheon broadens cyber capabilities with acquisition of Foreground Security". PR Newswire. 2015-10-05. Retrieved 2018-10-31.
  27. ^ "Raytheon Paid $62M for Foreground Security". TransactionView. Retrieved 2018-10-31.
  28. ^ Riley, Duncan (2016-01-14). "Raytheon|Websense acquires Stonesoft from Intel Security, renames combined company Forcepoint". SiliconANGLE. Retrieved 2018-10-31.
  29. ^ "Rocketing around the world". The Economist. ISSN 0013-0613. Retrieved 2016-07-23.
  30. ^ "Poland moves towards multi-billion-euro Patriot missile deal". Retrieved 2016-07-23.
  31. ^ "Saudi Arabia agrees to buy $7 billion in precision munitions from U.S. firms: sources". Reuters. November 23, 2017.
  32. ^ "Raytheon Arm Wins $302M Deal to Boost Saudi Arabia's Defense". Nasdaq.com. December 13, 2017.
  33. ^ Kilgore, Tomi (April 4, 2020). "Raytheon Technologies' stock, formerly United Technologies, starts trading in". MarketWatch.
  34. ^ Singer, Stephen (2019-06-09). "United Technologies says its merging with defense contractor Raytheon and moving headquarters to Boston area from Connecticut". Hartford Courant. Retrieved 2019-06-10.
  35. ^ "Qatar Agrees to Buy U.S. Aircraft, Engines, Defense Equipment". Bloomberg. Retrieved 9 July 2019.
  36. ^ Judson, Jen (2020-02-21). "Raytheon completes first antenna for US Army's new missile defense radar". Defense News. Retrieved 2020-02-21.
  37. ^ "Raytheon: Investors: Annual Reports". investor.raytheon.com. Retrieved 2018-11-07.
  38. ^ Raytheon Company (20 June 2019). "Raytheon:Leadership".
  39. ^ Forcepoint. "Raytheon|Websense is now Forcepoint™". www.prnewswire.com. Retrieved 2016-02-19.
  40. ^ Communications, Raytheon Corporate. "Raytheon News Release Archive".
  41. ^ Raytheon Company (May 2019). "Tom Kennedy biography" (PDF).
  42. ^ Raytheon Company (May 2019). "Raytheon:Investors:Board of Governance".
  43. ^ "Raytheon Company (RTN)". Yahoo! Finance. May 1, 2015.
  44. ^ Raytheon Corporate Communications. "Raytheon".
  45. ^ Raytheon Announces Revolutionary New 'Cockpit' for Unmanned Aircraft – an Industry First Archived 2009-08-19 at the Wayback Machine Falls Church, Virginia, October 31, 2006. PR Newswire.
  46. ^ Singel, Ryan (December 19, 2007). "FBI E-Mail Shows Rift Over Warrantless Phone Record Grabs". Wired. Archived from the original on June 27, 2018.
  47. ^ "Raytheon targets nuclear smuggling: Firm sees profit in homeland security". BostonGlobe. 2006. Retrieved 2006-11-07.[dead link]
  48. ^ "Peregrine Air-to-Air Missile | Raytheon".
  49. ^ Communications, Raytheon Corporate. "Raytheon News Release Archive". Raytheon News Release Archive. Retrieved 2017-10-04.
  50. ^ "Raytheon Six Sigma". www.isixsigma.com. 2005-06-29. Retrieved 2017-10-04.
  51. ^ a b c "Is Raytheon site poisoning St. Petersburg neighborhood?". 2008-04-24. Archived from the original on 2008-04-23. Retrieved 2008-05-06.
  52. ^ "Raytheon's Florida Neighbors Sue Over Water Contamination". 2008-05-05. Archived from the original on 2008-05-10. Retrieved 2008-05-06.
  53. ^ "Raytheon Site Summary". Florida Department of Environmental Protection. Archived from the original on 2008-10-15.
  54. ^ "Florida DEP". Florida Department of Environmental Protection. Archived from the original on 2008-10-15.
  55. ^ a b "Environmental Protection Agency". July 13, 2007. Retrieved May 6, 2008.
  56. ^ Raytheon (2005). [1] Archived 2007-03-19 at the Wayback Machine. Human Rights Campaign.
  57. ^ U.S. Global Leadership Coalition, Global Trust members. Usglc.org. Retrieved on 2012-02-04.
  • Raytheon Company
  • Business data for Raytheon:
  • Raytheon Company Semiconductor Division Files Kept to Monitor the Electronics Industry, 1965–1986 (call number M0661; 11.5 linear ft.) are housed in the Department of Special Collections and University Archives at Stanford University Libraries
  • Direct political contributions
  • Raytheon Company Political Action Committee 2012 political contributions
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