Raytheon

Raytheon is an American multinational defense contractor and aerospace company with a history dating back to the early 1920s. It began as the American Appliance Company in 1922 in Cambridge, Massachusetts, and was renamed Raytheon Manufacturing Company in 1925 as it expanded into radio, radar, and related technologies. Over the decades, Raytheon developed and supplied a range of defense systems, including radar, missile guidance, and electro-optical systems, contributing to U.S. military programs during the Cold War and beyond.

In 2020, Raytheon Company merged with United Technologies Corporation to form Raytheon Technologies Corporation (ticker RTX), a diversified aerospace and defense conglomerate. The merged company is headquartered in Waltham, Massachusetts. The Raytheon name remains associated with the defense business units of the group, while UTC’s aviation assets were reorganized under the new corporate structure.

Raytheon Technologies operates primarily through three business segments: Raytheon Missiles & Defense, Raytheon Intelligence & Space, and Pratt & Whitney (the aircraft engine maker that became part of RTX). The company derives a substantial portion of its revenue from government contracts, including domestic and international defense programs, as well as commercial and civil aviation activities through its integrated portfolio.

Notable products and systems associated with Raytheon include air and missile defense platforms, such as the Patriot system, Tomahawk cruise missiles, and a range of radar, sensor, and cyber solutions. The company participates in research and development across defense, space, and security domains and is subject to export controls and government procurement regulations.