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Raytheon
 | This article needs additional citations for verification. (December 2024) |
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 Raytheon's former headquarters complex in Waltham, Massachusetts | |
| Company type | Public |
|---|---|
| NYSE: RTX | |
| Industry | Aerospace and defense |
| Founded | July 7, 1922, in Cambridge, Massachusetts, U.S. |
| Founder | Vannevar Bush Laurence K. Marshall Charles G. Smith |
| Defunct | April 3, 2020 |
| Fate | Merged with United Technologies |
| Successor | RTX Corporation |
| Headquarters | Waltham, Massachusetts, U.S. |
Area served | Worldwide |
Key people | Phil Jasper (chairman and CEO) |
| Revenue | US$29.18 billion (2019) |
| US$3.34 billion (2019) | |
Number of employees | ~67,000 (2018) |
| Website | raytheon.com (Archived) |
| Footnotes / references [1][2] | |
The Raytheon Company was 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,[3] 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, as of 2012, it was the fifth-largest military contractor in the world.[4] As of 2015[update], it was the third-largest defense contractor in the United States by defense revenue.[5] It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007.[6] In 2018, the company had around 67,000 employees worldwide and annual revenues of about US$25.35 billion.[7]
Over the years, Raytheon shifted its headquarters among various Massachusetts locations: Cambridge from 1922 to 1928; Newton until 1941; Waltham until 1961; and finally, Lexington until 2003.[8]
- ^ "Raytheon Company 2017 Annual Report (Form 10-K)". sec.gov. United States Securities and Exchange Commission. January 2018. Archived from the original on 2018-04-05. Retrieved 2018-04-04.
- ^ "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) - ^ Kilgore, Tomi (April 4, 2020). "Raytheon Technologies' stock, formerly United Technologies, starts trading in". MarketWatch. Archived from the original on 2020-07-13. Retrieved 2020-04-03.
- ^ "Defense News Top 100". Defense News Research. 2012. Archived from the original on April 8, 2013. Retrieved 2013-01-01.
- ^ "Top 100 for 2015." Archived 2015-07-31 at archive.today Defense News. 2015. Retrieved on 2016-07-26.
- ^ Missile maker hopes to diversify, create technology for peacetime Archived 2012-02-11 at the Wayback Machine. Sazhightechconnect.com. Retrieved on 2012-02-04.
- ^ "Raytheon". Fortune. Archived from the original on 2019-12-27. Retrieved 2019-06-11.
- ^ "New Raytheon Headquarters to Open Oct. 27 in Waltham, Mass". 2003-10-22. Archived from the original on 2019-12-24. Retrieved 2019-09-18.
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