Search results
Results from the WOW.Com Content Network
Raytheon was established in 1922, reincorporated 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. [4]
RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia.It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
Originally founded as LTV Electro Systems in the mid-1960s, the company changed its name to E-Systems in the early 1970s. [4] [5] In 1995, Raytheon Company acquired E-Systems, Inc., [6] a Texas-based company that designed, developed, produced, and serviced high-technology systems including surveillance, verification, and aircraft ground-land navigation equipment.
Raytheon is restructuring. On Monday, the defense contractor announced plans to consolidate its businesses and streamline operations. Effective April 1, Raytheon intends to run four main divisions ...
The combined company, valued at more than $100 billion after planned spinoffs, would be the world's second-largest aerospace-and-defense company by sales behind Boeing. [21] Although UTC was the nominal survivor, the merged company was headquartered at legacy Raytheon's former base in Waltham, Massachusetts. [22] The merger was completed in ...
Raytheon acquired an 80% interest in Websense in April 2015 for $1.9 billion and acquired the remaining 20% interest in 2019. In 2015, Websense acquired network security vendor Stonesoft from Intel and in 2016, the company was renamed Forcepoint. Francisco Partners acquired the company from Raytheon successor RTX Corporation in January 2021.
Raytheon's (RTN) ESSM program is a global joint initiative undertaken by the United States, the NATO and other allied nations to examine and procure ESSM missiles.
On Wednesday, RTX Corporation (NYSE:RTX) said Raytheon has secured a three-year, two-phase contract from DARPA to develop foundational ultra-wide bandgap semiconductors. These will be based on ...