AerospaceAug 10, 2026

Raytheon Company

Company Profile Analysis

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Year Founded & Workforce

1921-12-31

60,000 Employees

Industry

Aerospace

Services

Raytheon Company Overview

Company Headquarters: Waltham, Massachusetts, US

Founded: 1922

Workforce: ~60,000

Company Working: Raytheon Company develops combined products, services, and solutions for defense and other government sectors worldwide. It operates through five segments, namely integrated defense systems (IDS), intelligence, information, and services (IIS), missile systems (MS), space and airborne systems (SAS), and force point. The IDS segment provides integrated airborne and missile systems; land and sea-based radar solutions; control, computers, communications, cyber, and intelligence solutions; and ship electronic systems. The IIS segment provides a number of technical and professional services, such as intelligence, surveillance, and reconnaissance, navigation, cybersecurity, analytics, training, logistics, mission support, and air traffic management systems. The SAS segment offers secure sensor solutions, intelligence, surveillance, and reconnaissance systems (ISRS), electronic warfare systems, space systems, and integrated communication systems.

It assists the US Department of Defense (DOD), the US Intelligence Community, the US Armed Forces, National Oceanic and Atmospheric Administration, Federal Aviation Administration, Department of Homeland Security, National Aeronautics and Space Administration, and other international customers.

Strategy

Raytheon aims at developing emerging technological trends, identifying existing technology to address customer needs, developing competitive products as a part of its growth priorities. Raytheon continues to expand advanced cyber solutions for various international and commercial markets to strengthen its market presence. The company focuses on its research and development capabilities to expand its product innovation and testing capabilities. It also intends to widen its opportunities by considering countries as individual markets with multiple customers.

Company Snapshot

$23,321M

Revenue

60,000

Employees

1921-12-31

Founded

Waltham, Massachusetts, US

Headquarters

SWOT Analysis

Strengths

Focus on research and development
Wide Product Portfolio
Strong network and Innovation Capabilities
Vast product portfolio
Diversified business segments
Strong focus on R&D (Raytheon Company invested USD 841 million in R&D in 2018 as against USD 700 million in 2017)
Vast product portfolio and diversified business segments
Strong focus on research and development
Strong focus on R&D
Strong focus on R&D (Raytheon Company invested USD 841 million in R&D in 2018 as against USD 700 million in 2017
Increasing investments in R&D (USD 841 million in R&D in 2018 as against USD 700 million in 2017)

Weaknesses

Dependence on vendors and suppliers
Limited success outside core business
Dependence on a limited number of suppliers
Limited presence in developing economies such as Asia-Pacific
Limited presence in developing nations
Dependence on a few licensed suppliers
Limited presence in developing nation
Dependency on few licensed suppliers
Dependent on a limited number of suppliers
Dependence on a few limited suppliers

Opportunities

Strategic Partnership
Expanding Global Cybersecurity Market
Scope to expand in Asia-Pacific as regional security concerns are increasing the demand for advanced sonar systems
Focus on strategic collaborations & acquisitions
Existing product development
Significant growth through mergers and acquisition
Scope to expand in Asia-Pacific as regional security concerns are increasing the demand for C5ISR systems
Scope to expand in Asia-Pacific as regional security concerns are increasing the demand for unattended ground sensors
Scope to expand in Asia-Pacific as regional security concerns is increasing the demand for advanced counter UAS systems
Scope to expand in Asia-Pacific as increasing air passenger traffic is increasing the demand for airport surveillance radar systems

Threats

Government Contract Compliance and Regulations
Growing Geo-Political Conflict with Russia
Foreign Exchange Risks
Technology advancements by competitors
Rapid technological changes
Slow certification process
Intense competition
High competition from Lockheed Martin Corporation

Key Developments

Date	Approach	Development
July 2017	Product launch	Raytheon Company announced the launch of its CyberSponse security platform to automate threat detection and response for its managed services customers. This technology collaboration combines CyberSponse's automated incident response and security orchestration capabilities with Raytheon's innovative Virtual-Security Operations Center, or V-SOC services, to reduce attacker dwell time in enterprises defended by Raytheon (NYSE: RTN).
August 2019	Contract	Raytheon Company signed an indefinite-delivery/indefinite-quantity (ID/IQ) contract with the US Navy to provide AN/AQS-20 Minehunting Sonar systems.
May 2017	Contract	Raytheon Company signed a contract with the US Navy for USD 28 million to provide variable depth sonar systems for the Navy’s Littoral Combat Ship class.
December 2019	Contract	Raytheon Company signed a contract with the US Navy to provide MALD systems.
September 2019	Agreement	Raytheon Company signed an agreement with Hanwha Systems to manufacture Identification Friend or Foe systems for the Korean military.
June 2019	Merger	Raytheon Company and United Technologies Corporation signed an agreement to combine in an all-stock merger of equals to form a combined company named Raytheon Technologies. The deal is expected to close in the first half of 2020. The merger will enable both the companies to strengthen their products and enhance their position in the global defense market.
March 2019	Expansion	Raytheon UK announced its plans to open its new office in London and a manufacturing facility in Scotland to develop innovative solutions for the global defense market.
February 2019	Expansion	Raytheon Emirates, a subsidiary of Raytheon Company, inaugurated its headquarter in Abu Dhabi. The new headquarter will enable the company to offer enhanced products and services to its customers in the UAE and develop its position in the UAE defense market.
September 2018	Contract	Raytheon Company signed a contract with a government customer in the Middle East North Africa Region to provide cybersecurity solutions.
May 2018	Investment	Raytheon Company invested USD 100 million to expand its manufacturing facility in Mississippi, the US.
May 2018	Contract	Raytheon Company signed a contract with the US Air Force to provide 779 units of AN/ALR-69A(V) Radar Warning Receivers.
December 2017	Investment	Raytheon Company announced the formation of its new subsidiary named Raytheon Emirates.
March 2019	Contract	Raytheon Company signed a contract with a Middle Eastern company to offer mobile surveillance system.
December 2017	Expansion	Raytheon Company announced the formation of its new subsidiary named Raytheon Emirates, headquartered in Abu Dhabi, UAE. The establishment of the new subsidiary enabled the company to establish its position in the defense market of the Middle East.
January 2020	Contract	Raytheon Company signed a contract with the FAA to modernize the US’s STARS system. The contract will enable the US civil and military airports to experience enhanced surveillance capability.
June 2019	Agreement	Raytheon Company and United Technologies Corporation signed an agreement to combine in an all-stock merger of equals to form a combined company named Raytheon Technologies. The deal is expected to close in the first half of 2020. The merger will enable both the companies to strengthen their products and enhance their position in the global aerospace and defense market.
March 2019	Expansion	Raytheon UK announced its plans to open its new office in London and a manufacturing facility in Scotland to develop innovative solutions for the global defense and aerospace market.
August 2018	Expansion	Raytheon Company invested USD 72 million for developing a manufacturing facility in Andover, US. The facility will focus on developing advanced radar solutions.
March 2018	Contract	Raytheon Company signed a contract with FAA, amounting to USD 73 million to upgrade the latter’s STARS system.
March 2018	Collaboration	Raytheon Company collaborated with Hensoldt, a global security sensors provider, to develop new and advanced airport surveillance radar solutions. The partnership will enable the company to strengthen its presence in the global airport surveillance radar market.
December 2017	Investment	Raytheon Company announced the formation of its new subsidiary named Raytheon Emirates. The formation of the company enabled the company to strengthen its position in the Middle East and offer enhanced services to its customers.

Product Offering

Raytheon Company
- Sonar
- Maritime Security
- C5ISR
- RF GaN
- Security Operations Center
- Maritime VSAT
- UGS
- Counter UAS
- Airport Surveillance Radar

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Raytheon Company as part of our ongoing coverage of the Aerospace sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Raytheon Company

Company Headquarters: Waltham, Massachusetts, US Founded: 1922 Workforce: ~60,000 Company Working: Raytheon Company develops combined products, services, and solutions for defense and other government sectors worldwide. It operates through five segments, namely integrated defense systems (IDS), intelligence, information, and services (IIS), missile systems (MS), space and airborne systems (SAS), and force point. The IDS segment provides integrated airborne and missile systems; land and sea-based radar solutions; control, computers, communications, cyber, and intelligence solutions; and ship electronic systems. The IIS segment provides a number of technical and professional services, such as intelligence, surveillance, and reconnaissance, navigation, cybersecurity, analytics, training, logistics, mission support, and air traffic management systems. The SAS segment offers secure sensor solutions, intelligence, surveillance, and reconnaissance systems (ISRS), electronic warfare systems, space systems, and integrated communication systems. It assists the US Department of Defense (DOD), the US Intelligence Community, the US Armed Forces, National Oceanic and Atmospheric Administration, Federal Aviation Administration, Department of Homeland Security, National Aeronautics and Space Administration, and other international customers.

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