BNET Industries
Raytheon Co. (RTN) is in the Technology Industry
- Revenue
- Dec 31 2007
- $21.3B
- Profit
- Dec 31 2007
- $2.5B
- Market Cap
- May 09 2008
- $27.0B
Latest News and Analysis
Aero, Defense Profits Buck Economic Downturn
By Bill Rigby NEW YORK (Reuters) - Raytheon, L-3, Rockwell Collins and Goodrich all beat Wall Street profit estimates on Thursday, as the long boom in the defense and aerospace sectors showed no signs of being affected by the U.S. economic downturn. Northrop...
Raytheon Profit Rises on Military Sales
NEW YORK (Reuters) - Raytheon Co (RTN) said on Thursday first-quarter profit rose, helped by higher sales of its military and technology gear. The U.S. No. 5 defense contractor reported quarterly profit of $398 million, or 92 cents per share, compared with $346...
S&T Implications for Net Centric Operations
The evolving environment for Net Centric Operations (NCO) is changing the requirements and capabilities that are needed for successful military and civil operations. This in turn is demanding science and technology developments of new enabling technologies with associated NCO capabilities. The Office of Naval Research (ONR) has studied these needs...
Governance Principles - Raytheon Company
The principles have been approved by the Board of Directors along with the charters of the Board committees, providing the framework for the governance of Raytheon. The Board recognizes that ensuring that the Company maintains good corporate governance practices is an ongoing and continuous process, and periodically review these principles...
Targeting Barriers: Raytheon Missile Systems
The case study shows that how Raytheon Missile Systems destroys walls that hinder plant and personal growth. It talks about the battle plans that triggered its success on the manufacturing, employee relations, and career enrichment fronts. Raytheon Missile Systems embraced the agile plant improvement methodology. After supervisors and core team...
Raytheon Six Sigma: Building a Corporate Culture
After Raytheon Co. completed a series of mergers, they had to quickly implement a new corporate culture and eliminate duplicate processes while maintaining a focus on the customer. Raytheon produced a customized solution, Raytheon Six Sigma, which integrated knowledge management, cultural development, and successfully included customers and suppliers. Raytheon Six...
Raytheon: Seamless, End-to-End Contract Management
Raytheon is in the business of bidding for and completing huge government contracts. However, data and information on current and past contract bids were stored in various manual (paper-based) ways and on several electronic systems. The company lacked a centralized contract management system to store and manage information pertaining to...
Additional Resources
Raytheon Team Starts Work To Integrate the U.S. Army's Live, Virtual and Constructive Training Support
RESTON, Va., May 6, 2008 /PRNewswire/ -- The Warrior Training Alliance, led by Raytheon Technical Services Company LLC (RTSC), has begun integrating the U.S. Army's live, virtual and constructive training under the Warfighter FOCUS (Field Operations Customer Support) program. RTSC, a subsidiary of Raytheon Company , won...
Raytheon's SLAMRAAM a Success in First System Field Test
TEWKSBURY, Mass., May 6, 2008 /PRNewswire/ -- Raytheon Company's Surface Launched Advanced Medium Range Air-to-Air Missile successfully completed its first acquisition and tracking mission March 3, marking the first phase of system field testing at White Sands Missile Range, N.M. "The success of this mission is a...
Zacks Releases Four "Strong Buy" or "Buy" Stocks: Parker Hannifin Corporation, raytheon co., Genco Shipping and Trading Ltd. and Metalico
CHICAGO -- Four free stock picks are being made available today on Zacks.com. The industry's leading independent research firm highlights a Zacks #1 Rank Strong Buy stock or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and...
Raytheon Awarded $203.3 Million for Production of Precision Guidance Systems
MCKINNEY, Texas, May 5, 2008 /PRNewswire/ -- Raytheon Company will extend production and delivery of Improved Target Acquisition Systems under a $203.3 million contract from the U.S. Army Aviation and Missile Command, Huntsville, Ala. The order continues Army procurement of the systems. ITAS is the advanced...
Zacks Analyst Interview Highlights: Boeing, Lockheed Martin, Northrop Grumman, Raytheon and L-3 Communications
CHICAGO -- Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Jon Kolb, who discusses The Boeing Company (NYSE: BA), Lockheed Martin Corporation (NYSE: LMT), Northrop Grumman Corporation (NYSE: NOC), Raytheon Company (NYSE: RTC) and L-3 Communications (NYSE: LLL). A synopsis of today's Analyst Interview...
Raytheon Sarcos Exoskeleton Robotic Suit Linked to Iron Man Superhero
TEWKSBURY, Mass., May 2, 2008 /PRNewswire/ -- Raytheon Company's newest research facility in Salt Lake City, Utah, is developing a robotic suit for the soldier of tomorrow. (Photo: http://www.newscom.com/cgi-bin/prnh/20080502/NEF052 ) Known as an "Exoskeleton," it is essentially a wearable robot that amplifies its wearer's...
Raytheon Selected to Solve Thermal Challenges in Future High-Power Radars
TEWKSBURY, Mass., April 30, 2008 /PRNewswire/ -- Raytheon Company has been awarded a $3.3 million contract to overcome thermal challenges in semiconductors designed for next-generation high-power radars and other electronic systems. The award is for the first of a three-phase Defense Advanced Research Projects Agency (DARPA)...
Popular Science Reports in Its May Issue That Raytheon Company Has the 'Real' Iron Man
It is actually an 'Exoskeleton' - essentially a robotic suit that gives its wearer greater strength, endurance and agility WALTHAM, Mass., April 29 /PRNewswire/ -- What: The "Iron Man" movie opens nationally Friday, May 2, 2008. Popular ...
Zumwalt Readies For Production After Successful Navy Review
TEWKSBURY, Mass., April 29, 2008 /PRNewswire/ -- Raytheon Company has successfully completed the mission system design readiness review for the Zumwalt-class destroyer program. The review confirmed that the mission system design for America's new multi-mission destroyer is mature and meets U.S. Navy requirements. To date, Raytheon...
DRS Technologies Receives $101 Million Five-Year Contract for Long Range Advanced Scout Surveillance System Subassemblies
PARSIPPANY, N.J. -- DRS Technologies, Inc. (NYSE: DRS) announced today that it has received an initial order of $36.4 million on a five-year contract with a projected minimum value of approximately $101 million to produce critical subassemblies for the Long Range Advanced Scout Surveillance System (LRAS3) program. The contract was...
Protonex Awarded $3.65 Million Program to Continue Development of Pulse™ M250 Military Power System
SOUTHBOROUGH, Mass. -- Protonex Technology Corporation (LSE: AIM: PTX and PTXU), a leading provider of advanced fuel cell power systems for portable, remote and mobile applications, today announces that it has received a $3.65 million contract with the U.S. Army Research Office (ARO) to develop the next generation of its...
Accidents and Incidents
Date: April 01, 2008 El Cajon, CAAircraft Type: Cessna 152 N64938Narrative: Experienced a hard landing at Gillespie Field.Death/Injury: No injuriesRemarks: The student pilot was not injured. The a/c sustained substantial damageduring a post crash fire.Date: April 04, 2008 Tuscaloosa, ALAircraft Type: Raytheon Aircraft B300, N900WPNarrative: King Air encountered severe turbulence...
Raytheon Awarded $86.7 Million to Upgrade Satellite Communication Terminals
MARLBOROUGH, Mass., April 28, 2008 /PRNewswire/ -- Raytheon Company has won an $86.7 million contract to produce and install upgrade kits for the Army's Secure Mobile Anti-jam Reliable Tactical Terminal, or SMART-T. The award, part of an indefinite delivery-indefinite quantity contract originally awarded in 2007, increases...
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- Incorporated: 1928
- CEO: Mr. William H. Swanson
Raytheon is engaged in the business of defense and government electronics, space, information technology and technical services. In addition, Co. is engaged in the design, development, manufacture, integration, support and provision of various products and services for governmental and commercial customers in the U.S. and abroad. As of Dec 31 2007, Co. conducted its businesses through six operating segments: Integrated Defense Systems; Intelligence and Information Systems; Missile Systems; Network Centric Systems; Space and Airborne Systems; and Technical Services.
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Raytheon Co. Company Info
Board of Directors
Mr. William H. Swanson
Chairman
Mr. Vernon E. Clark
Dr. John M. Deutch Ph.D.
Mr. Frederic M. Poses
Mr. Michael C. Ruettgers
Mr. Ronald L. Skates
Dr. William R. Spivey Ph.D.
Ms. Linda G. Stuntz
Contact Information
870 Winter Street
Waltham, MA
781 522-3000