Raytheon Co. It provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing, effects, and command, control, communications and intelligence systems, as well as a wide range of mission support services.
The Integrated Defense Systems segment provides an integrated air and missile defense, radar solutions and naval combat and ship electronic systems to a broad international and domestic customer base. The Missile Systems segment develops and produces missile systems for the armed forces of the U. The Network Centric Systems segment provides net-centric mission solutions for federal, state and local government and civil customers.
The Technical Services segment provides a full spectrum of technical, scientific and professional services to defense, federal, international and commercial customers worldwide. Raytheon was founded by Laurence K. Marshall, Vannevar Bush and Charles G. Smith on July 7, and is headquartered in Waltham, MA. Ninety years ago, a great American success story began: A few passionate visionaries created a high-tech venture in the shadow of a great university and developed a breakthrough product that transformed a nation.
One of the earliest technology start-ups, Raytheon was established in Cambridge, Mass. Smith, a scientist who had done work on the electrical properties of gases. Their revolutionary innovation was the S gas rectifier tube, a device that eliminated one of the cumbersome expensive batteries that previously powered home radios.
Raytheon quickly moved to the forefront of innovation in the electronics industry. They supplied 80 percent of the magnetron tubes used in U. After the war Raytheon began offering civilian products, the microwave being among the most famous.
Raytheon engineer Percy Spencer discovered microwave cooking when, as he stood in front of an active magnetron, a candy bar in his pocket began to melt. Intrigued, he sent out for popcorn kernels — and they began to pop. With that, a new appliance was soon on its way. Today it stands as a global technology leader specializing in defense, homeland security and other government markets. Airbus Group NV history, profile and history video Airbus Group NV manufactures and sells commercial and military aircraft, civil and military helicopters, commercial space launch vehicles, missiles, satellites, and It delivers, through its subsidiaries and equity-accounted investments, a full range of produc In the first quarter of Raytheon sold its aircraft operations, which is now operating as Hawker Beechcraft.
The product line of Raytheon's aircraft subsidiary included business jets such as the Hawker XP and Hawker , the Beechjet A , and the Premier I ; the popular King Air series of twin turboprops; and piston-engine aircraft such as the Bonanza.
In , during the Persian Gulf War , Raytheon's Patriot missile received great international exposure, resulting in a substantial increase in sales for the company outside the United States. Also in , Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation—a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics including the former General Dynamics missile business Pomona facility , the defense portion of Delco Electronics Delco Systems Operations , and Magnavox Electronic Systems.
Raytheon also divested itself of several nondefense businesses in the s, including Amana Refrigeration. On October 12, Raytheon exited the personal rapid transit PRT business as it terminated its PRT [10] system due to high-cost of development and lack of interest. In recent years, Raytheon has expanded into other fields while redefining some of its core business activities.
Raytheon has identified four key 'Strategic Business Areas' where it is focusing its expertise and resources, including:. William H. Swanson is the Chairman and CEO. Raytheon's electronics and defense-systems units produce air-, sea-, and land-launched missiles , aircraft radar systems, weapons sights and targeting systems, communication and battle-management systems, and satellite components.
Raytheon is a developer and manufacturer of radars including AESAs , electro-optical sensors, and other advanced electronics systems for airborne, naval and ground based military applications. Examples include:. Raytheon, often in conjunction with Boeing, Lockheed Martin or Northrop Grumman, is also heavily involved in the satellite sensor business.
Examples of programs include:. As part of the company's growing homeland security business and strategic focus, Raytheon has teamed with other contractors to develop an Advance Spectroscopic Portal ASP to allow border officials to view and identify radioactive materials in vehicles and shipping containers more effectively.
Raytheon also manufactures semiconductors for the electronics industry. In the late 20th century it produced a wide range of integrated circuits and other components, but as of its semiconductor business specializes in gallium arsenide GaAs components for radio communications as well as infrared detectors. It is also making efforts to develop gallium nitride GaN components for next-generation radars and radios.
Raytheon missiles on display at the Paris Air Show, In a jointly managed project with Hughes Aircraft Co. Raytheon Professional Services RPS is a global leader [ citation needed ] in training services and learning outsourcing for over 75 years. As the vast majority of Raytheon's revenues have been obtained from defense contracts, there has been a tight relationship of cooperation between itself and the U.
Department of Defense and other U. This, along with heavy lobbying, has led to perennial charges of influence peddling. Raytheon, for instance, contributed nearly a million dollars to various defense-related political campaigns in the presidential election year of , spending much more than that on lobbying expenses.
John M. Deutch , a former U. Director of Central Intelligence , sits on the board of directors, along with Warren Rudman , a former Senator. On the other hand, Raytheon has also been involved in several contract disputes with the U. In March , Raytheon pleaded guilty to one felony count of illegally obtaining classified Air Force budget and planning documents. District Judge Albert V. Bryan, Jr. The documents allegedly gave Raytheon an unfair advantage against its competitors in bidding for weapons contracts.
Although the plea only involved Air Force documents, United States Attorney Henry Hudson said Raytheon also illegally obtained a wide range of secret Pentagon documents. The Patriot missile is an anti-aircraft missile that was upgraded to have some capability against ballistic missiles. The Patriot had allegedly intercepted Scud missiles launched by Iraq in its defense against the U.
When President George H. Bush traveled to Raytheon's Patriot manufacturing plant in Andover, Massachusetts during the Gulf War , he declared, the ""Patriot is 41 for 42 Scuds engaged, 41 intercepted! The government claimed in a federal lawsuit that Raytheon inflated a contract to upgrade two of four PAVE PAWS sites by proposing to hire higher-skilled employees than were necessary for the job.
Allegations of bribery were made against Raytheon in in connection with its efforts to win a 1. SIVAM, the acronym for "System for Vigilance over the Amazon," was a complex radar surveillance system for use in monitoring the Amazon rainforest, allegedly to curb the trafficking of narcotics and to curb illegal logging or burning of the forest. Gomes dos Santos and Brazil's aviation minister resigned because of allegations that this conversation suggested that bribes were paid. Nonetheless, Raytheon ultimately was awarded the contract after lobbying by the administration of U.
President Bill Clinton. AGES also alleged that stolen confidential pricing documents were turned over to Raytheon. The settlement was exceptional in that the parties agreed that judgment would be entered against Raytheon, legally establishing the validity of AGES' allegations. In October , Raytheon was the subject of a number of securities class action lawsuits alleging it had issued a series of materially false and misleading statements including overstating the company's and revenues, concealing cost overruns and inflating its financial results.
The suits were brought in response to a massive drop in value of Raytheon's common stock as traded on the New York Stock Exchange. The plunge in stock prices was triggered by a Wall Street Journal report that Raytheon was over cost or behind schedule on more than a dozen fixed-price defense contracts. Swanson's salary above its level, and will reduce the amount of restricted stock for which he is eligible in the coming year by 20 percent.
In August , Raytheon announced that it had partnered with a jail in Castaic , California in order to use prisoners as test subjects for a new non-lethal weapon system that "[ That's about where your pain receptacles are. So it's what it would feel like if you just opened up the doors of a blast furnace.
In Raytheon developed an "extreme-scale analytics" system named Rapid Information Overlay Technology RIOT , which allows the user to track people's movements and even predict their behaviour by mining data from social networking sites including Facebook, Twitter, Gowalla, and Foursquare. Raytheon claims that it has not sold this software to any clients, but has shared it with US government and industry. Two lawsuits were filed against a Raytheon Company plant in St.
Petersburg, Florida due to concern with health risks, property values, and contamination in April According to the Florida Department of Environmental Protection DEP , the groundwater contained carcinogenic contaminants, including trichloroethylene, 1,4-dioxane , and vinyl chloride.
Petersburg, Florida. In November , prior to Raytheon's acquisition, contamination had been discovered at the E-Systems site.
Soil and groundwater had been contaminated with the volatile organic compounds trichloroethylene and 1,4-Dioxane. In , groundwater monitoring indicated polluted groundwater was moving into areas outside the site. In another case, Raytheon was ordered by the Environmental Protection Agency EPA to treat groundwater at the Tucson Plant acquired during the merger with Hughes in Arizona since Raytheon used and disposed metals, chlorinated solvents , and other substances at the plant since They destroyed the computers, documents, and mainframe of the office, and proceeded to occupy it for eight hours prior to their arrest.
The activists were charged with criminal damage and affray. The trial of six of the accused began May 19, , in the Laganside Courts in Belfast. Military Wiki Explore. Popular pages. Project maintenance. Register Don't have an account? Edit source History Talk 0. Retrieved on
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