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The Raytheon Company was a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies Corporation to form Raytheon Technologies, [3] which changed its name to RTX Corporation in July 2023.
Prosecutors in Boston alleged that Raytheon from 2012 to 2018 defrauded the Defense Department into paying over $111 million more than it should have in two contracts to purchase Patriot missile ...
Raytheon made about $36.7 million in profit from the Gulf Cooperation Council contract additions, which involved air-defense system upgrades, and anticipated making more than $72 million on the ...
HRB Systems Inc., now part of Raytheon Intelligence and Information Systems, is a defense contractor located in State College, ... additional terms may apply.
Raytheon Missiles & Defense (RMD) was one of four business segments of RTX Corporation. Headquartered in Tucson, Arizona, its president was Wes Kremer. [ 1 ] The business produced a broad portfolio of advanced technologies, including air and missile defense systems, precision weapons, radars, and command and control systems. [ 2 ]
Raytheon Co., part of parent defense contractor RTX, will pay more than $950 million to resolve Justice Department allegations that it defrauded the Defense Department (DOD) and paid bribes to a ...
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In 1983, Kennedy joined Raytheon Corporation in the area of radar development. [2] Since April 2013, Kennedy has served as executive VP and COO of Raytheon. [3] In March 2014, at age 58, Kennedy became the CEO of Raytheon, succeeding William H. Swanson. Kennedy was elected to the board of directors in January 2014. [3] [2] [4] [5]