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Raytheon

Organization

A prominent US defense contractor frequently hiring retired military generals, indicative of the revolving door corruption problem.


First Mentioned

2/22/2026, 10:58:59 PM

Last Updated

2/22/2026, 11:04:05 PM

Research Retrieved

2/22/2026, 11:04:05 PM

Summary

Raytheon is a prominent American defense contractor and a core business unit of RTX Corporation, specializing in weapons, military electronics, and guided missiles. Founded in 1922 as the American Appliance Company, it evolved into a global leader in defense technology, becoming the world's largest producer of guided missiles. In 2020, Raytheon merged with United Technologies Corporation to form Raytheon Technologies, which was subsequently rebranded as RTX Corporation in July 2023. The company is currently headquartered in Arlington, Virginia, and manages a diverse portfolio including sensors, radars, and hypersonic systems. Despite its industrial success, Raytheon has been a subject of debate within the military-industrial complex, with critics highlighting concerns over budget inefficiencies and ammunition shortages.

Referenced in 1 Document
Research Data
Extracted Attributes
  • Founded

    1922

  • Revenue

    $26.8 billion (2024 net sales for Raytheon segment)

  • Founders

    Vannevar Bush, Laurence K. Marshall, Charles G. Smith

  • Industry

    Defense and Space Manufacturing

  • Headquarters

    Arlington, Virginia, US

  • Key Products

    Guided missiles, sensors, radars, hypersonics, and cyber solutions

  • Employee Count

    52,000+ (Raytheon business unit)

  • Parent Company

    RTX Corporation

Timeline
  • Founded as American Appliance Company in Cambridge, Massachusetts. (Source: Wikipedia)

    1922-01-01

  • The company was reincorporated. (Source: Wikipedia)

    1928-01-01

  • Adopted the name Raytheon Company. (Source: Wikipedia)

    1959-01-01

  • Exited the corporate and special-mission aircraft business. (Source: Wikipedia)

    2007-01-01

  • Ranked as the fifth-largest military contractor in the world by revenue. (Source: Wikipedia)

    2012-01-01

  • Became the third-largest defense contractor in the United States. (Source: Wikipedia)

    2015-01-01

  • Reported annual revenues of $25.35 billion and employed 67,000 people. (Source: Wikipedia)

    2018-01-01

  • Merged with United Technologies Corporation to form Raytheon Technologies. (Source: Wikipedia)

    2020-04-03

  • Raytheon Technologies changed its name to RTX Corporation. (Source: Wikipedia)

    2023-07-01

  • Reported $26.8 billion in net sales for the Raytheon business segment. (Source: Web search results (RTX.com))

    2024-01-01

  • Entered five landmark framework agreements with the Department of War to increase production of Tomahawk and AMRAAM missiles. (Source: Web search results (RTX.com Press Release))

    2026-02-04

Raytheon

Raytheon is a business unit of RTX Corporation and is 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, 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 by 2012, it was the fifth-largest military contractor in the world. In 2015, it had become the third-largest defense contractor in the United States, by defense revenue. It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007. Bloomberg noted (in 2018) that the company held 67,000 employees, worldwide, and annual revenues of about US$ 25.35 billion, in 2018. Raytheon has moved its headquarters among various Massachusetts locations: Cambridge from 1922 to 1928; Newton until 1941; Waltham until 1961; and Lexington until 2003.

Web Search Results
  • Raytheon - Wikipedia

    Raytheon is a business unit of RTX Corporation and is 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, which changed its name to RTX Corporation in July 2023. [...] In 1922, Vannevar Bush, scientist and professor in the Department of Electrical Engineering at the Massachusetts Institute of Technology (MIT), along with engineer and physicist Laurence K. Marshall, and scientist Charles G. Smith, founded the American Appliance Company in Cambridge, Massachusetts. Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The company's first product was a gaseous (helium) voltage-regulator tube that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis. The electron tube was named Raytheon (a compound of Old French and Greek meaning 'light from the gods') and was used in a battery eliminator, a type of radio-receiver "Receiver (radio)") power supply that plugged into the power grid in place [...] Raytheon was established in 1922, reincorporated "Incorporation (business)") in 1928, and adopted the Raytheon Company name in 1959. More than 90% of Raytheon's revenues were obtained from military contracts and by 2012, it was the fifth-largest military contractor in the world. In 2015, it had become the third-largest defense contractor in the United States, by defense revenue. It was the world's largest producer of guided missiles, and was involved in corporate and special-mission aircraft until early 2007. Bloomberg noted (in 2018) that the company held 67,000 employees, worldwide, and annual revenues of about US$ 25.35 billion, in 2018.

  • RTX's Raytheon partners with Department of War on five landmark ...

    About RaytheonRaytheon, an RTX business, is a leading provider of defense solutions to help the U.S. government, our allies and partners defend their national sovereignty and ensure their security. For more than 100 years, Raytheon has developed new technologies and enhanced existing capabilities in integrated air and missile defense, smart weapons, missiles, advanced sensors and radars, interceptors, space-based systems, hypersonics and missile defense across land, air, sea and space. [...] # RTX's Raytheon partners with Department of War on five landmark agreements to expand critical munition production Share this article on Facebook Share this article on Twitter Share this article on LinkedIn Share this article via email Up-to-seven-year deals to increase annual production of Tomahawk, AMRAAM, SM-3 Block IB, SM-3 Block IIA, SM-6 TUCSON, Ariz., Feb. 4, 2026 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, entered into five landmark framework agreements with the U.S. Department of War to significantly increase production capacity and speed deliveries of Land Attack and Maritime Strike variants of Tomahawk, AMRAAM® missiles, Standard Missile-3® Block IB interceptors (SM-3 IB), Standard Missile-3® Block IIA interceptors (SM-3 IIA), and Standard Missile-6® (SM-6). [...] About RTX With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia. Contact: corporatepr@rtx.com SOURCE RTX Tags : RTX Raytheon Press Release If you like this article, share it. Share this article on Facebook Share this article on Twitter Share this article on LinkedIn Share this article via email ## News & Stories

  • Raytheon: Jobs - LinkedIn

    to support both anti-air warfare and air traffic control missions for this ship class. Learn what sets SPY-6(V)3 apart for the U.S. and allied fleets: 📷: Ingalls Shipbuilding, a Division of HII [Likes: 1099, Comments: 33]; Raytheon (5d): America’s next-generation combat ship ⚓ Raytheon is the lead systems integrator for the Zumwalt-class guided missile destroyer USS Zumwalt (DDG 1000), which recently completed builder’s sea trials following an extensive modernization. The ship is now the US Navy ’s first Conventional Prompt Strike (CPS) platform—making the DDG 1000 the first warship equipped with hypersonic capabilities. Learn how Raytheon’s cutting-edge technologies and equipment aboard Zumwalt-class destroyers will support the Navy for years to come: 📸: Ingalls Shipbuilding, a [...] Land and Air Defense Systems at Raytheon. “We continue to prioritize rapid learning and testing to ensure the Army receives a cost-effective and technologically superior interceptor.” Details: [Likes: 1609, Comments: 39]; Raytheon (1w): 📰 #NEWS : Raytheon has been selected by Defense Advanced Research Projects Agency to develop an advanced sensing and targeting system to help protect commercial shipping and naval logistics vessels from emerging threats Under the contract, Raytheon’s Advanced Technology team will design, build, and demonstrate an integrated system combining Electro-Optical/Infrared (EO/IR) sensors, advanced detection software, and command-and-control capabilities to enhance situational awareness and response. "By integrating our proven expertise in command and control, [...] # Raytheon N/A Defense and Space Manufacturing • Arlington, VA • 1,324,231 followers • 10,001+ employees ## Overview Raytheon, an RTX business, creates next-generation defense solutions that are smarter, faster and better than previously thought possible. We specialize in integrated air and missile defense, advanced sensors, space-based systems, hypersonics, effectors and cyber solutions. ### Website ### Crunchbase ### LinkedIn ### Industry Defense and Space Manufacturing ### Company Size 10,001+ employees 52255 associated members (LinkedIn members who've listed Raytheon as their current workplace on their profile) ### Founded N/A ### Funding Last Round Date: 2024-03-22T00:00:00.000Z Last Round Type: Grant Total Rounds: 2 Last Round Raised: US$ 200.0K

  • RTX Corporation (RTX) Company Profile & Facts - Yahoo Finance

    aftermarket maintenance, repair, and overhaul services. The Raytheon segment provides defensive and offensive threat detection, tracking, and mitigation capabilities for government and commercial customers. This segment offers sensors, mission orchestration and satellite control products, and software. The company was formerly known as Raytheon Technologies Corporation and changed its name to RTX Corporation in July 2023. RTX Corporation was incorporated in 1934 and is headquartered in Arlington, Virginia. [...] RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide. It operates through three segments: Collins Aerospace (Collins), Pratt & Whitney, and Raytheon. The Collins segment offers aerospace and defense products, and aftermarket services for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segment designs, manufactures, and supplies electric power generation and management and distribution, environmental control, flight control, air data and aircraft sensing, engine control, and engine nacelle systems, as well as engine components; cabin interiors, including seating, oxygen, food and [...] | Name | Title | Pay | Exercised | Year Born | --- --- | Mr. Christopher T. Calio | Chairman & CEO | 4.31M | 516.55k | 1974 | | Mr. Neil G. Mitchill Jr. | Executive VP & CFO | 2.77M | 641.4k | 1976 | | Mr. Shane G. Eddy | President of Pratt & Whitney | 1.91M | 41.53k | 1965 | | Mr. Philip J. Jasper | President of Raytheon | 1.85M 1968 | | Mr. Troy D. Brunk | President of Collins Aerospace | 1.27M | 656.32k | 1970 | | Ms. Robin L. Diamonte | Chief Investment Officer & VP of Pension Investments -- | 1965 | | Ms. Amy L. Johnson | Senior VP & Controller -- | 1975 | | Mr. Juan M. de Bedout | Chief Technology Officer -- | Nathan Ware | Vice President of Investor Relations. -- | Mr. Ramsaran Maharajh Jr. | Executive VP & General Counsel -- | 1972 | ### RTX Corporation

  • Who We Are | Raytheon - RTX

    ### RTX Businesses RTX Collins Aerospace Pratt & Whitney Raytheon Internet Explorer is no longer supported by Microsoft. For best results, we recommend you select an alternate browser. Menu # Who We Are At Raytheon, the foundation of everything we do is rooted in our values and a higher calling – to help our nation and allies defend freedoms and deter aggression. We bring the strength of more than 100 years of experience and renowned engineering expertise to meet the needs of today’s mission and stay ahead of tomorrow’s threat. Our team solves tough, meaningful problems to create a safer, more secure world. ### $26.8B net sales (2024) ### 28K engineers ### 52K+ employees ### 58 countries ### Careers [...] ### 52K+ employees ### 58 countries ### Careers Looking for a rewarding career? We have openings in many interest areas and locations across the United States and around the world. Explore careers

Location Data

Raytheon, 6875, Cortona Drive, Goleta, Santa Barbara County, California, 93117, United States

company

Coordinates: 34.4317061, -119.8646290

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