Who owns Raytheon?

• SSgA Funds Management, Inc (8.86%)

• The Vanguard Group, inc (7.73%)

• BlackRock Fund Advisors (4.87%)

• Capital Research Management (4.56%)

• Wellington Management Co LLP (3.7%)

Raytheon was founded in 1922 by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith. Its focus was originally on new refrigeration technology but quickly shifted to electronics. The company's first product was a gaseous rectifier that was based on research of the star Zeta Puppis. The electron tube was christened "Raytheon."

In 2019, United Technologies announced the intention to merge with the Raytheon Company. The combined company was valued at more than $100 billion and was the second-largest aerospace and defense company by sales (behind Boeing). The merger was completed in April 2020.

Raytheon is an American multinational aerospace and defense conglomerate. It is one of the largest aerospace, intelligence service providers, and defense manufacturers in the world by revenue and market capitalization.

Raytheon Technologies researches, develops, and manufactures advanced technology products, including:

• Aircraft engines

• Avionics

• Aerostructures

• Cybersecurity

• Guided missiles

• Air defense systems

• Satellites

• Drones

Raytheon is also a large military contractor and gets a significant portion of its revenue from the United States government. The company is headquartered in Waltham, Massachusetts, and has four subsidiaries:

• Collins Aerospace

• Pratt Whitney

• Raytheon Intelligence and Space

• Raytheon Missiles and Defense

In 2021, Raytheon had annual revenue of $64.39 billion with over 174,000 employees working for the company.