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Raytheon
Raytheon Company

The Raytheon Company is a major US defense contractor and a manufacturer of weapons and military and commercial electronics, headquartered in Waltham (Massachusetts, US). Until 2007, Raytheon was also involved in corporate and special-mission aircraft. In 2019 Raytheon was the world's largers producer of guided missiles. It will be merged in 2019 with United Technologies.

Raytheon corporate logo [1]

The company was established in 1922 as the American Appliance Company in Cambridge (Massachusetts, US), by Laurence K. Marshall and Vannevar Bush – two former roommates of the Tufts University School of Engineering – along with scientist Charles G. Smith. One of their first products was Raytheon, 1 a so-called battery eleminiator — in fact a valve-based rectifier — that could be installed an a radio's battery compartment to allow it to be powered from the AC mains.

In 1925, the company changed its name to Raytheon Manufacturing Company and successfully marketed its rectifier under the Raytheon brand name. In 1928, the company merged with QRS Company – a manufacturer of tubes and switches – but went on as the Raytheon Manufacturing Company, and would eventually become one of the world's largest producers of vacuum tubes. 1

During WWII, Raytheon made fame by mass-producing the magnetron tube – a British invention – that was needed for emerging radar systems. By the end of the war, Raytheon produced 80% of all magnetrons in the world. The household microwave oven would eventually be a spin-off of this.

Over the years, the company had a presence in the aviation and computer industries, but has meanwhile sold most of the related business units. One of its greatest achievements was the Apollo Guidance Computer that flew all Apollo (moon) missions in the 1960s and 70s. In 1991 – during the First Gulf War – they received great international exposure with their Patriot missiles.

Following the First Gulf War, Raytheon tried to increase its market share in the defense electronics business, by means of numerous acquisitions. On 9 June 2019 it was announced that a merger of equals would take place between Raytheon and the aerospace companies of United Technologies.

  1. Raytheon means Light of the Gods.
  2. In British English: thermionic valves.

Raytheon crypto products on this website
Key management unit (chip)
NSA-certified crypto processor for embedded applications
Enhanced Crypto Card
PROTEUS Crypto Module (PCM)
Timeline
  • 1922
    Founded as American Appliance Company
  • 1925
    Renamed Raytheon Manufacturing Company
  • 1928
    Merger with QRS Company (tubes and switches)
  • 1933
    Acquisition of Acme-Delta Company (transformers and auto parts)
  • 1942
    Mass production of magnetron - a WWII UK invention
  • 1945
    Produces 80% of the worlds magnetron tubes
  • 1945
    Invention of the microwave oven
  • 1945
    Acquisition of the Submarine Signal Company
  • 1948
    First manufacture of fuided missiles
  • 1950
    Introduction of Lark missile
  • 1953
    RAYDAC computer, followed by RAYCOM (not completed)
  • 1954
    Joint venture with Honeywell: Datamactic Corporation
  • 1959
    Acquisition of Apelco Applied Electronics (marine electronics)
  • 1959
    Name changed to Raytheon Company
  • 1961
    Merger with AC Cossor (UK) - sold by Philips - Raytheon Cossor
  • 1965
    Acquisition of Amana Refridgeration, Inc.
  • 1967
    First commercial (household) microwave oven
  • 1966
    Acquisition of DC Heath and Company (publisher)
  • 1966
    Apollo Guidance Computer (with MIT)
  • 1980
    Acquisition of Beech Aircraft Corporation
  • 1991
    Patriot ground-to-air missile
  • 1993
    Acquisition of Corporate Jets Inc.
  • 1994
    Founded the Raytheon Aircraft Company
  • 1995
    Acquisition of E-Systems (Dallas) 1
  • 1996
    Acquisition of Chrysler Corporation's defense business 1
  • 1997
    Acquisition of Texas Instruments defense unit
  • 1997
    Acquisition of Hughes Aircraft Company defense business 2
  • 2007
    Aircraft business sold off
  • 2007
    Acquisition of Sarcos (robotics)
  • 2009
    Acquisition of BBN Technologies
  • 2010
    Acquisition of Applied Signal Technology
  • 2014
    Contract for 3DELRR - next genration long-range radar 3
  • 2015
    Acquisition of Websense (cybersecurity) - Raytheon Websense
  • 2015
    Acquisition of Foreground Security - Raytheon Websense
  • 2016
    Acquisition of Stonesoft (firewalls) from Intel - Forcepoint
  • 2016
    Patriot missile upgrade for Poland
  • 2017
    Large business deals with Saudi Arabia
  • 2019
    Merger with United Technologies - Raytheon Technologies Corporation 4
  • 2019
    Sold NASAM and Patriot missile business to Quatar
  1. Later sold to L-3 Communications.
  2. Included General Dynamics missile business, Delco Electronics (defense) and Magnavox Electronic Systems.
  3. Protested by competitors Lockheed Martin and Northrop Grumman, and delayed until 2017.
  4. Although United Technologies (UTC) will be the mains survivor, RTC will be headquartered in Waltham (MS) rather than Farmington (CT).

References
  1. Wikipedia, Raytheon
    Retrieved October 2019.
Further information
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Crypto Museum. Created: Tuesday 08 October 2019. Last changed: Wednesday, 09 October 2019 - 21:29 CET.
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