Raytheon Company Case Study
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Assignment #1 Getting to know your companyWhat business the company is inRaytheon Company, founded in 1922, is a leading company specializing in defense, civil government and cybersecurity solutions. (Raytheon.com-our company) Raytheon company focuses on core manufacturing concentrations in weapons, military and commercial electronics. It is the world’s largest producer of guided missiles. Moreover, Raytheon company is a major American defense contractor. More than 90% of revenue were obtained from military contracts. (Raytheon.com-our company) As of 2012, it was the fifth-largest military contractor in the world.For specific business, Raytheon is in four businesses—Integrated Defense Systems, Intelligence, Information and Services, Missile Systems and Space and Airborne Systems. For Integrated Defense Systems, it specializes in air and missile defense, radars, systems for managing command and control, sonars, torpedoes and electronic systems for ships. For Intelligence, Information and Services, it provides cybersecurity products and services. Missile Systems provides offensive and defensive weapons for air, land, sea and space. Missile Systems produces radars and sensors for aircraft, spacecraft and ships.Firm’s major competitors United Technologies Corp.Boeing Co.Lockheed Martin Co.General Dynamics Corp.MBDA Corp.Northrop Grumman Corp.Alliant Techsystems Co.Washington Technology Corp.From these competitors, a main competitor for Raytheon Company is Boeing Co. Boeing is the world’s largest aerospace company located in Chicago and leading manufacturer of defense, space and security systems. It is the second-largest defense contractor in the world by revenue. Boeing corporation provides products and services including commercial and military aircraft, satellites, weapons, defense systems and launch systems. Boeing stock is a component of Dow Jones Industrial Average. In 2015, Boeing recorded $96.11 billion in sales that is ranked 90th on the “Fortune Global 500” list. The current market cap for Boeing is $81.82 billion. Compared with Raytheon, Raytheon Company’s current market cap is $41.35 billion.
Firm’s fiscal year endRaytheon Company’s fiscal year ends on December 31st. The quarterly breakdown of fiscal year is: Q1. January 1 – April 3, Q2. April 4 – July 3, Q3. July 4 – October 2, Q4. October 3 – December 31. Location of the company’s headquartersThe current company’s headquarters is in Waltham, Massachusetts. In 2003, Raytheon company moved his headquarters from Lexington, Massachusetts to Waltham, Massachusetts. Raytheon company now has 61,000 employees worldwide.Discussion of the officers of your companyOfficers of CompanyChairman and Chief Executive OfficerThomas A. KennedyVice President,TreasuryKevin G. DaSilvaVice President, Internal AuditLawrence J. HarringtonVice President, Business DevelopmentJohn D. Harris IIVice President, General Counsel and Corporate SecretaryFrank R. JimenezVice President, President Integrated Defense SystemsWesley D. KremerVice President, President Missile SystemsTaylor W. LawrenceVice President, Evaluation TeamEdward MiyashiroVice President, Human Resources and Global SecurityRanda G. NewsomeVice President, Chief Financial Officer Raytheon CompanyAnthony F. OBrienVice President, President Global Business ServicesRebecca R. RhoadsVice President, Engineering, Technology and Mission AssuranceMark E. RussellVice President, President Intelligence, Information and ServicesDavid C. WajsgrasVice President, Corporate Affairs and CommunicationsPamela A. WickhamVice President, Contracts and Supply ChainDavid WilkinsVice President, Controller and Chief Accounting OfficerMike J. WoodVice President, President Space and Airborne SystemsRichard R. Yuse