Raytheon Company – Company Overview
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| 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”