Raytheon Company Case Study
Essay by Ben Chen • November 22, 2016 • Case Study • 656 Words (3 Pages) • 1,218 Views
Assignment #1 Getting to know your company
- What business the company is in
Raytheon 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 end
Raytheon 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 headquarters
The 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 company
Officers of Company | |
Chairman and Chief Executive Officer | Thomas A. Kennedy |
Vice President,Treasury | Kevin G. DaSilva |
Vice President, Internal Audit | Lawrence J. Harrington |
Vice President, Business Development | John D. Harris II |
Vice President, General Counsel and Corporate Secretary | Frank R. Jimenez |
Vice President, President Integrated Defense Systems | Wesley D. Kremer |
Vice President, President Missile Systems | Taylor W. Lawrence |
Vice President, Evaluation Team | Edward Miyashiro |
Vice President, Human Resources and Global Security | Randa G. Newsome |
Vice President, Chief Financial Officer Raytheon Company | Anthony F. O'Brien |
Vice President, President Global Business Services | Rebecca R. Rhoads |
Vice President, Engineering, Technology and Mission Assurance | Mark E. Russell |
Vice President, President Intelligence, Information and Services | David C. Wajsgras |
Vice President, Corporate Affairs and Communications | Pamela A. Wickham |
Vice President, Contracts and Supply Chain | David Wilkins |
Vice President, Controller and Chief Accounting Officer | Mike J. Wood |
Vice President, President Space and Airborne Systems | Richard R. Yuse |
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