Leading U.S. Missile Stock: Raytheon Company (RTN)—Code change

Raytheon Company (also translated: Raytheon Company or Raytheon) Raytheon Company (NYSE: RTN) was founded in 1922 and is headquartered in Waltham, Massachusetts. It has 67,000 full-time employees and is one of the top five arms dealers in the US military industry . First, the leading products are missiles, missile defense systems, and radars.

Update 2020:

On April 4, 2020, Raytheon and United Technologies completed the merger to form a new company- Raytheon Technology, and the original Raytheon stock was delisted.

Raytheon Logo

Raytheon Company (RTN):

Raytheon is a large-scale defense contractor in the United States and one of the five largest U.S. arms contractors. It was established in Cambridge, Massachusetts on July 7, 1922. It was called the “American Equipment Company” at the time and was headquartered in Lexington, Massachusetts.

Raytheon Company is currently divided into five departments to operate : Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); Space and Aircraft Load system (Space and Airborne Systems, SAS); and Forcepoint.

IDS Department : Provides: integrated air and missile defense; land-based and sea-based radar solutions; command, control, communications, computer, network and intelligent solutions; naval operations and ship electronic systems.

IIS department : Provide a series of technical and professional services, such as intelligence, surveillance and reconnaissance, navigation, space and weather of the Ministry of Defense, cyber security, analysis, training, logistics, mission support, engineering, automation and maintenance solutions; air traffic management system .

MS Department : Develop and support a series of weapon systems, including missiles, smart ammunition, near weapon systems, projectiles, kinetic energy killer vehicles, directional energy effectors and combat sensor solutions. Representative products : Patriot missiles , Tomahawk cruise missiles , Sidewinder air-to-air missiles, etc.

SAS Department : Provides electro-optical/infrared sensors for civil and military applications, airborne radars for surveillance and fire control applications, lasers, precision guidance systems, signal intelligence systems, processors, electronic warfare systems, communication systems and space confinement systems.

Forcepoint Division : Provides information technology security products and related services to prevent cyber threats, advanced malware attacks, information leakage, legal liability and loss of productivity.

Raytheon Company serves the US Department of Defense (DoD), US Intelligence Agency, US Armed Forces, Federal Aviation Administration, National Oceanic and Atmospheric Administration, Department of Homeland Security, National Aeronautics and Space Administration and other international customers.

Raytheon has seven subsidiaries, including:

  • Raytheon Defense Systems, headquartered in Tewksbury, Massachusetts
  • Raytheon Intelligence and Information Systems, headquartered in Garland, Texas
  • Raytheon Missile Systems, headquartered in Tucson, Arizona
  • Network Central Systems, headquartered in McKinney, Texas
  • Raytheon Aircraft Company, headquartered in Wichita, Kansas
  • Raytheon Technical Services, headquartered in Reston, Virginia
  • Raytheon Space and Air Systems, headquartered in El Segundo, California

Introduction of Raytheon’s full range of products:

1. Missile

  • AGM-65 Mavericks Missile
  • AGM-129 Advanced Cruise Missile
  • AGM-154 Joint Long Range Attack Weapon
  • AIM-7 Sparrow Missile
  • AIM-9 Sidewinder Missile
  • AIM-120 advanced medium-range air-to-air missile
  • BGM-109 Tomahawk Cruise Missile
  • MIM-104 Patriot Missile

2. Radar and sensors

Raytheon is the world’s leading R&D and manufacturer in radar (including AESA), photoelectric sensors and other advanced electronic systems for land, sea, and air military equipment, similar to Northrop Grumman . Such as:

  • Raytheon APG-63 and APG-70 radars used by F-15 Eagle fighter jets
  • APG-65, APG-73 and APG-79 radars used by F/A-18 Wasp combat aircraft
  • AN/APG77 radar used by F-22 Raptor fighter (developed in cooperation with Northrop Grumman)
  • APG-71 radar used by F-14D Tomcat fighter
  • APQ-181 radar used by B-2 stealth bomber
  • ALR-67 and ALR-69A radar warning receiver
  • ALE-50 towed bait
  • ALQ-184 electronic counter-clamping compartment
  • ALQ-228 advanced forward-looking infrared calibration device clamp compartment
  • RQ-4 Global Eagle’s integrated sensing kit
  • SeaVue series radars that search for sea targets
  • Mobile radars such as TPQ-36/TPQ-37 firefinder radar and MPQ-64 sentry radar
  • Large-scale fixed radars such as paw, BMEWS and the X-band radar (XBR) of the National Missile Defense System
  • SLQ-32 Shipboard Electronic Warfare System

Three, satellite sensor

Raytheon often participates in the satellite sensor business with Boeing , Lockheed Martin and Northrop Grumman . This is the main project of the Space and Air Systems Company in El Segundo, California. It is a career that Thor inherited from Hughes, such as:

1. For the space tracking and surveillance system (STSS) developed for ballistic missile defense, Raytheon is responsible for building its sensor payload.

2. El Segundo field is also an excellent R&D and production center for Raytheon laser products

3. Raytheon’s Naval Multi-Frequency Terminal (NMT) is the first advanced next-generation satellite communications terminal that can successfully log into and communicate with the US military’s strategic and tactical relay satellite (Milstar) with low and intermediate data rate waveforms. This system provides greater data capacity for naval commanders and sailors, and strengthens protection against enemy interception and interference.

Fourth, the missile defense system

Yes, this guy is not only a missile, but also a missile breeding system! Raytheon has developed a ground-based interceptor (GBI) within the framework of the ground-based midway defense system, including jet missiles and outer atmosphere interception vehicles (EKV).

5. Radioactivity detection system

As part and strategic focus of Raytheon’s growing local security business, it has developed the Advanced Spectroscope Portal (ASP) in cooperation with other contractors, allowing border officials to see through transportation vehicles and containers for radioactive materials.

6. Communication

Raytheon’s Universal Control System (UCS) provides the ability to operate multiple drones while revolutionizing the operator’s awareness and efficiency, and reducing the possibility of accidents.

Raytheon also produces software wireless communicators and digital communication systems for military use such as Joint Engagement Capability (CEC), and participates in the United States Land and Sea Area Network (NMCI), Echelon System (ECHELON) and Joint Tactical Terminal (JTT) projects.

Raytheon’s other products, such as semiconductors, business technology, three-dimensional photoelectric imaging sensors and high-tech simulators, will not be introduced here.

To put it aside, the computer used in human’s first moon landing in the late 1960s was produced by Raytheon, and there was no failure during the whole process, so it was considered the most reliable digital computer at that time.

Raytheon acquired the Beech Aircraft Manufacturing Company in 1980 and the British Aerospace (BAe) commercial airliner production line in 1993. The proceeds from these two purchases were merged to form Raytheon Aircraft Company in 1994. In the mid-1990s, Raytheon purchased military-related businesses from E-Systems and Texas Instruments . In 1997, Raytheon purchased the Hughes Aircraft Company from General Motors . This purchase includes the production lines of some of the products that Hughes purchased before, including the missile business purchased from General Dynamics , the military department of Delco Electronics, and Magnavox Electronic Systems Companies, these purchases and mergers have enabled Raytheon to increase many important production capabilities.

In 2014, Raytheon had 61,000 employees worldwide and a turnover of approximately US$22.8 billion, of which more than 90% came from defense contracts. It mainly provides military materials for missiles and missile defense systems , surveillance, reconnaissance, and precision operations.

In June 2019, it was reported that United Technologies (UTX) and Raytheon (RTN) were in merger talks.

Raytheon Company (RTN) investment:


Raytheon RTN, as one of the five major US military businesses, has a market value comparable to Northrop Grumman NOC and General Dynamics GD. It is not only a valuation depression for US stocks, but also one of the important investment targets for military industry stocks.


On April 4, 2020, Raytheon and United Technologies completed the merger to form a new company- Raytheon Technology, and the original Raytheon stock was delisted.

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