Raytheon

Raytheon is a business unit of <a href="/facts/RTX_Corporation/wGGxdMoD">RTX Corporation</a> and is a major <a href="/facts/List_of_United_States_defense_contractors/J80JtJdp">U.S. defense contractor</a> and industrial corporation with <a href="/facts/Manufacturing/3qW7bcdy">manufacturing</a> concentrations in <a href="/facts/Weapon/fV9QfoBh">weapons</a> and military and commercial <a href="/facts/Electronics/E4JhgISq">electronics</a>. Founded in 1922, it merged in 2020 with <a href="/facts/United_Technologies/DNekaBKw">United Technologies Corporation</a> to form Raytheon Technologies, which changed its name to <a href="/facts/RTX_Corporation/wGGxdMoD">RTX Corporation</a> in July 2023. 
Raytheon was established in 1922, <a href="/facts/Incorporation_(business)/aB7mYbBQ">reincorporated</a> in 1928, and adopted the Raytheon Company name in 1959. More than 90% of Raytheon's revenues were obtained from military contracts and, as of 2012, it was the fifth-largest military contractor in the world. As of 2015<a href="https://en.wikipedia.org/w/index.php?title=Raytheon&action=edit">[update]</a>, it was the third-largest <a href="/facts/List_of_United_States_defense_contractors/J80JtJdp">defense contractor in the United States</a> by defense <a href="/facts/Revenue/UDcW3HGL">revenue</a>. It was the world's largest producer of <a href="/facts/Guided_missile/C5VwQClz">guided missiles</a>, and was involved in corporate and special-mission <a href="/facts/Aircraft/EhC4mBep">aircraft</a> until early 2007. In 2018, the company had around 67,000 employees worldwide and annual revenues of about <a href="/facts/United_States_dollar/naEEDUhC">US$</a>25.35 billion.
Over the years, Raytheon shifted its headquarters among various Massachusetts locations: <a href="/facts/Cambridge,_Massachusetts/k9UMIJ7U">Cambridge</a> from 1922 to 1928; <a href="/facts/Newton,_Massachusetts/tIcfpWwT">Newton</a> until 1941; <a href="/facts/Waltham,_Massachusetts/8URD13ks">Waltham</a> until 1961; and finally, <a href="/facts/Lexington,_Massachusetts/QEMK79lc">Lexington</a> until 2003.

Raytheon open-in-new

Raytheon