communications solutions. Space Systems (SS) SS designs and manufactures space and space-qualified sensor payloads for large national programs and develops solutions for emerging intelligence, defense, and civil space applications. SS provides EO/IR, radio frequency, radar, and laser space-based sensors to customers, including branches of the DoD, MDA, NASA, classified customers, and international governments. Its major non-classified program is the JPSS program providing the Visible IR Imaging Radiometer Suite, an advanced imaging and radiometric sensor for NASA and NOAA weather/environmental monitoring programs. Other SAS product lines include Advanced Concepts and Technologies (ACT) and Integrated Technology Programs (ITP). ACT conducts internal research and development for SAS and contract research and development for customers, including the U.S. Air Force Research Laboratory and the Defense Advanced Research Projects Agency, and produces advanced products, including the Boomerang sniper detection system and TransTalk, a smartphone application that automatically translates speech into another language. ITP develops anti-jam GPS solutions for various customers and provides a range of product families and engineering services in support of the DoD’s need to respond to a threat environment. International Subsidiaries The company conducts the operations and activities of its business segments in certain countries through international subsidiaries, including Raytheon Systems Limited (RSL), Raytheon Australia (RA), and Raytheon Canada Limited (RCL). RSL designs, develops, manufactures, and integrates a range of high technology electronic systems and software in the areas of sensing, effects, command and control, and intelligence systems, as well as cyber security for defense and other government customers in the United Kingdom (U.K.), the U.S., and internationally; and also designs and manufactures control actuation systems, guidance electronics, and silicon carbide semiconductors. Key programs include ASTOR, a strategic ground surveillance capability; Shadow, a tactical surveillance platform (both with SAS); and Paveway IV, the precision guided bomb (with MS). RA delivers integrated mission solutions and sustainment to the Australian Defence Force. With approximately 20 programs in country, RA is the mission systems integrator for the Air Warfare Destroyer project and delivers in-service support for the Collins Class Submarine, as well as the Australian Defence Air Traffic System (with IDS); and provides aerospace-related design, integration, operations, and maintenance services to its customers, as well as management of the Naval Communications Station Harold E. Holt (with IIS). RCL provides primary surveillance radar for ATM systems ranging from individual airport installations to country-wide, multiple-site solutions for approximately 40 countries, as well as coastal maritime surveillance high frequency surface wave radar systems that are operational for various international customers (primarily with IDS). Customers The company’s principal U.S. government customer is the DoD; and other U.S. government customers include Intelligence Community agencies, NASA, the FAA, and the Departments of Justice, State, and Energy. Research and Development During 2014, the company expended $500 million on research and development efforts. Seasonality The company’s revenues in the second half of the year (year ending December 2014) have exceeded revenues in the first half. Regulation The company is subject to rules promulgated by the Securities Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 that require the company to conduct due diligence on and disclose if the company is able to determine whether certain materials (including tantalum, tin, gold, and tungsten), known as conflict minerals, that originate from mines in the Democratic Republic of the Congo or certain adjoining countries, are used in its products. History Raytheon Company was founded in 1922.
(RTN:New York Consolidated)
870 Winter Street
Waltham, MA 02451
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