The Culture At Raytheon Company

Information provided by the company
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Raytheon Company Overview

The Raytheon Company was a major U.S. defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007.
The staff at Raytheon Company come from unusually diverse demographic backgrounds. The company is 27.5% female and 40.3% ethnic minorities. Raytheon Company employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 52.0% of employees identifying as members of the Republican Party. Despite their political differences, employees at Raytheon Company seem to be happy. The company has great employee retention with staff members usually staying for 6.4 years. The average employee at Raytheon Company makes $85,760 per year. Pay at Raytheon Company is significantly lower than some of its highest paying competitors, like Booz Allen Hamilton, ConocoPhillips, and Western Digital, which pay $102,518, $100,284, and $99,958, respectively.
Based in Waltham, MA, Raytheon Company is an industry leader with 67,000 employees and an annual revenue of $27.1B.

The Organization’s Mission

To utilize its highly qualified personnel and technologies to revolutionize the defense and aerospace systems.

Industry

Aerospace and Defense

Revenue

$29.2B

Employees

67,000

Founded in

1922

Headquarters

Waltham, MA

Website

www.rtx.com

Organization Type

Public

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Raytheon Company Employee Reviews

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5.0

Zippia UserOctober 2021

5.0

Zippia Official LogoZippia UserOctober 2021

What Do You Like About Working There?

big company with lots of opportunities

What DON'T You Like About Working There?

long very long commute

What Are Your Favorite Benefits/Perks?

variety of opportunities
Zippia Official Logo

5.0

Zippia UserMay 2021

5.0

Zippia Official LogoZippia UserMay 2021

What Do You Like About Working There?

Everything

What DON'T You Like About Working There?

It Closed due to a global slowdown of business

What Are Your Favorite Benefits/Perks?

Family Oriented company with great benefits
Zippia Official Logo

5.0

Zippia UserApril 2021

5.0

Zippia Official LogoZippia UserApril 2021

What Do You Like About Working There?

The diversity of the scheduled remote activities in filming

What DON'T You Like About Working There?

The work day consisted of 10 to 12 hour days.

What Are Your Favorite Benefits/Perks?

The people
Zippia Official Logo

5.0

Zippia UserFebruary 2021

5.0

Zippia Official LogoZippia UserFebruary 2021

What Do You Like About Working There?

Good pay and work life balance

What DON'T You Like About Working There?

Stressful and somewhat disorganized

What Are Your Favorite Benefits/Perks?

Every other Friday off
Zippia Official Logo

4.0

Zippia UserNovember 2020

4.0

Zippia Official LogoZippia UserNovember 2020

What Do You Like About Working There?

Good People

What DON'T You Like About Working There?

No room for growth

What Are Your Favorite Benefits/Perks?

Work/life balance
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The Team At Raytheon Company

Key People

    Gregory J. Hayes (CEO)

    Laurence Marshall (Director)

    Charles Smith (Founder)

    Vannevar Bush (Founder)

Raytheon Company Company Rankings

Raytheon Company is ranked #85 on the Best Companies to Work For in Massachusetts list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Raytheon Company Salaries

How much does Raytheon Company pay?
The national average salary for a Raytheon Company employee in the United States is $85,760 per year. Employees in the top 10 percent can make over $127,000 per year, while employees at the bottom 10 percent earn less than $57,000 per year.
9.3
Salary Score
Average Employee Earnings

Raytheon Company Salaries By Job Title

While Raytheon Company employees earn an average yearly salary of $85,760, different roles can command different wages. Some of the positions that earn high wages at Raytheon Company include finance associate, program manager, buyer, and software engineer. A typical finance associate salary at Raytheon Company is $113,022 per year. Some of the other roles at Raytheon Company are material handler and security officer. A worker with the title material handler at Raytheon Company earns an average salary of $30,072 per year.
Job Title
Title
ascdesc
Average Salarydesc
Finance Associate
Salary Range102k - 124k$113k$113,022
Program Manager
Salary Range96k - 127k$111k$111,367
Buyer
Salary Range96k - 121k$108k$107,932
Software Engineer
Salary Range84k - 112k$98k$97,599
Software Developer
Salary Range84k - 111k$97k$97,481
Project Manager
Salary Range85k - 110k$97k$97,263
Finance Analyst
Salary Range83k - 108k$95k$95,265
Field Service Technician
Salary Range83k - 98k$91k$90,655
Senior Systems Engineer
Salary Range83k - 97k$90k$90,417
Leadership Development Program
Salary Range81k - 98k$90k$89,586
$67k
$127k

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Raytheon Company Careers

On average, employees at Raytheon Company stay with the company for 6.4 years. Employees most commonly join Raytheon Company after leaving United States Army. When they leave Raytheon Company, they most frequently get their next job at Lockheed Martin.

Average Length of Employment

Top Employers Before Raytheon Company

10.0 %

Top Employers After Raytheon Company

11.1 %

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Raytheon Company Employee Demographics

9.9
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

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Raytheon Company Employees Education

Of the 67,000 employees at Raytheon Company, 15.4% attended Northeastern University. Employees at Raytheon Company most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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Raytheon Company Employee Political Affiliation

Raytheon Company employees are most likely to be members of the Republican Party. The largest donation made to a political party by a Raytheon Company employee was by Pamela Wickham. Pamela Wickham donated $154,725 to the Democratic Party.

Employee Political Donations

NameascdescJob TitleascdescPartyascdescDonationascdesc
Pamela WickhamVice President Of Communication
Vice President Of Communication
Democratic Party
$154,725Democratic Party
Taylor LawrencePresident
President
Democratic Party
$30,400Democratic Party
Alan PalevskyPhysist
Physist
Democratic Party
$24,485Democratic Party
Jay StephensAttorney
Attorney
Republican Party
$22,250Republican Party
Thomas KennedyChief Executive Officer
Chief Executive Officer
Republican Party
$19,500Republican Party
Frank JimenezAttorney
Attorney
Republican Party
$18,850Republican Party
David WajsgrasPresident
President
Republican Party
$17,500Republican Party
Randall FortExecutive
Executive
Republican Party
$16,650Republican Party
William SwansonChief Executive Officer
Chief Executive Officer
Republican Party
$16,200Republican Party
Michael DyeEngineer
Engineer
Republican Party
$15,000Republican Party
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Raytheon Company Financial Performance

9.1
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1922

Organization type

Public

Raytheon Company Financing Rounds

DateascdescAmountascdescSecurity Typeascdesc
Jan 14, 2010Grant
$3,000,000
Grant

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Raytheon Company Subsidiaries

Subsidiaries to Raytheon Company include ThalesRaytheonSystems, Forcepoint, and Infotech Aerospace Services. Employees at the parent company, Raytheon Company, earn $85,760. In comparison, the salaries at ThalesRaytheonSystems, Forcepoint, and Infotech Aerospace Services are $95,162, $90,328, and $83,715.
Company
ascdesc
Average Salarydesc
ThalesRaytheonSystems
Salary Range74k - 121k$95k$95,162
Forcepoint
Salary Range72k - 112k$90k$90,328
Infotech Aerospace Services
Salary Range69k - 100k$84k$83,715
ARINC Engineering Services
Salary Range61k - 99k$78k$78,436
TSI Group
Salary Range52k - 96k$71k$71,422
Range Systems Engineering Support Company
Salary Range49k - 97k$69k$69,252
Williams International
Salary Range50k - 80k$64k$63,805
Rohr Industries
Salary Range46k - 79k$61k$60,784
Houston Associates
Salary Range30k - 64k$44k$44,367
$30k
$121k

Raytheon Company Competitors

Some of the competitors of Raytheon Company are Booz Allen Hamilton, ConocoPhillips, and Western Digital. Employees at Booz Allen Hamilton earn more than most of the competition, with an average yearly salary of $102,518. The employees at ConocoPhillips earn an average yearly salary of $100,284 per year, and the salaries at Western Digital average $99,958 per year.
Companydesc
Average Salarydesc
Booz Allen Hamilton
Salary Range82k - 126k$103k$102,518
ConocoPhillips
Salary Range79k - 125k$100k$100,284
Western Digital
Salary Range82k - 121k$100k$99,958
Dell
Salary Range74k - 119k$95k$94,717
Forcepoint
Salary Range72k - 112k$90k$90,328
Collins Aerospace
Salary Range72k - 107k$88k$88,205
Lockheed Martin
Salary Range71k - 105k$87k$86,931
Harris
Salary Range69k - 106k$86k$86,229
Hewlett-Packard
Salary Range69k - 106k$86k$86,062
Motorola Solutions
Salary Range66k - 106k$84k$84,176
$32k
$126k

Frequently Asked Questions about Raytheon Company

When was Raytheon Company founded?

Raytheon Company was founded in 1922.

How many Employees does Raytheon Company have?

Raytheon Company has 67,000 employees.

How much money does Raytheon Company make?

Raytheon Company generates $29.2B in revenue.

What industry is Raytheon Company in?

Raytheon Company is in the aerospace and defense industry.

What is Raytheon Company's mission?

Raytheon Company's mission statement is "To utilize its highly qualified personnel and technologies to revolutionize the defense and aerospace systems."

What type of company is Raytheon Company?

Raytheon Company is a public company.

Who are Raytheon Company's competitors?

Raytheon Company competitors include Northrop Grumman, Lockheed Martin, Motorola Solutions, Harris, Western Digital, Booz Allen Hamilton, Boeing, ARINC Engineering Services, Dell, ConocoPhillips, Rockwell Collins, Devon Energy, Honeywell International, Merck, Energy Transfer Equity LP, Forcepoint, General Dynamics, Hewlett-Packard, Stryker, Activision Blizzard.

Who works at Raytheon Company?

Gregory J. Hayes (CEO)

Laurence Marshall (Director)

Charles Smith (Founder)

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Updated October 27, 2021

Zippia gives an in-depth look into the details of Raytheon Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Raytheon Company. The employee data is based on information from people who have self-reported their past or current employments at Raytheon Company. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of Raytheon Company and its employees or that of Zippia.

Raytheon Company may also be known as or be related to RAYTHEON TECH CORP, Raytheon Company, Raytheon Technologies and Raytheon Technologies Corporation.