The latest business news around the world. Written by Market Business News's very own editorial team to deliver reliable, up to date, and honest news.

Raytheon Company – Company Information

0

Raytheon Company – Company Overview

raytheon company logo
Company Raytheon Company
Headquarters 870 Winter Street, Waltham, Massachusetts 02451, US
CEO Thomas A. Kennedy
CFO Anthony F. O’Brien
Industry Defense Contractor
Type Public
Founder Vannevar Bush, Laurence K. Marshall, and Charles G. Smith
Founded 1922
NYSE stock symbol RTN
Net Sales $23,247 million USD (2015)
Operating income $3,013 million USD (2015)
Net income $2,067 million USD (2015)
Employees 61,000 (2015)
Website http://www.raytheon.com/
IR contact number (781) 522-5123
IR email address A contact form can be found here

Raytheon Company is an American defense and aerospace systems corporation based in Waltham, Massachusetts.

Raytheon’s core markets are: Sensing, Effects, C3I, Mission Support, and Cyber.

The company produces and markets electronics, mission systems, command systems, control systems, communications systems and intelligence systems, in addition to a very broad range of mission support services.

Its businesses include: “Integrated Defense Systems”, “Intelligence, Information and Services”, “Missile Systems”, and “Space and Airborne Systems”.

According to Raytheon, the company’s vision is “to be the most admired defense and aerospace systems company through our world-class people, innovation, and technology”. 

Raytheon was founded in 1922 as the American Appliance Company. It originally focused on refrigeration systems and gradually expanded its product line. As of 2014, Raytheon is the number one producer of guided missiles in the world.

Raytheon Company – Products and Services

Integrated Defense Systems: air and missile defense, large land- and sea-based radars, systems for managing command, control, communications, computers and intelligence. In addition to air traffic management systems, sonars, torpedoes and electronic systems for ships.

Intelligence, Information and Services: cybersecurity products and services.

Missile Systems: defensive and offensive weapons for air, land, sea and space, including interceptors for ballistic missile defense.

Space and Airborne Systems: radars and other sensors for aircraft, spacecraft and ships.


Raytheon Company – Financial Results

Key figures (in millions of USD) 2015* 2014*
Net sales $23,247 $22,826
Operating expenses $20,234 $19,647
Operating income $3,013 $3,179
Net income $2,067 $2,258
Total assets $29,281 $27,716
Cash and cash equivalents at beginning of year $3,222 $3,296
Cash and cash equivalents at end of year $2,328 $3,222

*For the years ended December 31, 2015 and 2014

Source: “Raytheon Company – 2015 Form 10-K”


Raytheon Company – Live Stock Market Data