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The company is a large military contractor, getting much of its revenue from the U.S. government. [9] [10] The company was formed in 2020 by a merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company.
Raytheon company's Navy Multiband Terminal (NMT) is the first advanced, next-generation satellite communications (SATCOM) system to successfully log on to and communicate with the U.S. government's Milstar SATCOM system using low and medium data rate waveforms.
With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
The company also developed electronics programs and systems for business, industrial, and non-defense government programs and agencies. [7] E-Systems was renamed Raytheon Intelligence and Information Systems. In 2013, Raytheon Company announced the consolidation of its six internal business units to four. [8]
On Wednesday, Raytheon announced that it has acquired the Government Solutions business of privately held data security company SafeNet. In a statement, Raytheon noted that: The acquisition ...
The aerospace and defense company's Raytheon unit entered into two deferred prosecution agreements to resolve criminal charges filed by the U.S. Department of Justice in federal courts in Boston ...
Raytheon's "Cyber Products" business was also merged into the new brand. [26] [28] At the time, Forcepoint had 2,000 employees, with one-third of its customers being departments in the federal government of the United States. [28] Forcepoint was the smallest of five major businesses owned by Raytheon, but had the highest profit margin. [28]
Pratt & Whitney is an American aerospace manufacturer with global service operations. [2] It is a subsidiary of RTX Corporation (formerly Raytheon Technologies). Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airliners) and military aviation.