Raytheon facts for kids
 |
|
| Public | |
| Traded as | NYSE: RTN S&P 500 Component |
| Industry | Aerospace and defense |
| Founded | Cambridge, Massachusetts, United States (1922) |
| Founder | Vannevar Bush Laurence K. Marshall Charles G. Smith |
| Headquarters | Waltham, Massachusetts, United States |
|
Area served
|
worldwide |
|
Key people
|
William H. Swanson (Chairman) & (CEO) |
| Revenue |  $24.857 billion (2012) |
|
Operating income
|
$2.857 billion (2012) |
| $1.896 billion (2012) |
|
| Total assets | $25.854 billion (2012) |
| Total equity | $8.340 billion (2012) |
|
Number of employees
|
71,000 (2011) |
Raytheon Company is a large American business that works in aerospace and defense. This means they build important equipment for national security. They are also involved in making commercial electronics. Raytheon is known for being the world's biggest maker of guided missiles. The company first started in 1922.
Contents
What Raytheon Builds
Raytheon creates many different types of products. Most of these are for defense, helping to keep countries safe. They also make technology for other uses.
Defense Systems
Raytheon is a major supplier of defense systems. They design and build advanced weapons and technologies. These are used by military forces around the world.
Guided Missiles
One of Raytheon's most famous products is guided missiles. These are special rockets that can be aimed very precisely at a target. They use advanced technology to make sure they hit their mark. Raytheon is a leader in making these types of missiles.
Radar Systems
The company also makes radar systems. Radar uses radio waves to detect objects like airplanes or ships. This technology is important for air traffic control and military defense. Raytheon's radar systems help to track things from far away.
Electronics and Technology
Besides defense, Raytheon also works on other electronics. They develop different kinds of technology. This includes things like sensors and communication systems. These technologies can be used in many areas, not just for military purposes.
How Raytheon Started
Raytheon Company has a long history. It was founded almost a century ago. The company has grown a lot since its beginning.
Early Days
Raytheon was founded in 1922. It started in Cambridge, Massachusetts, in the United States. The original founders were Vannevar Bush, Laurence K. Marshall, and Charles G. Smith. They first focused on new electronic technologies.
Growth and Innovation
Over the years, Raytheon became a very important company. They developed many new inventions. Their work helped to advance technology in different fields. This growth made them a major player in both defense and electronics.
Raytheon Around the World
Raytheon is a global company. This means they operate in many countries. They provide their products and services to customers worldwide. Their headquarters are in Waltham, Massachusetts, USA.
