Raytheon overview

The Raytheon Company is 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 come from unusually diverse demographic backgrounds. The company is 26.7% female and 40.0% ethnic minorities. Raytheon employees are slightly more likely to be members of the Republican Party than the Democratic Party, with 57.5% of employees identifying as members of the Republican Party. Despite their political differences, employees at Raytheon seem to be happy. The company has great employee retention with staff members usually staying for 5.0 years. The average employee at Raytheon makes $78,151 per year. Pay at Raytheon is significantly lower than some of its highest paying competitors, like Microsoft, Qualcomm, and Dell, which pay $124,093, $105,803, and $94,992, respectively.
Based in Waltham, Massachusetts, Raytheon is an industry leader with 67,000 employees and an annual revenue of $27.1B.

The Organization’s Mission

Our people and products are currently providing solutions across the LVC and C2 domains, saving lives and saving money for the warfighter.

Industry

Aerospace and defense

Revenue

$27.1B

Employees

67,000

Founded in

1922

Headquarters

Waltham, MA

Website

raytheon.com

Organization Type

Public

Is This Your Company?

The team at Raytheon

Key People
  • Frank Jimenez (VP, General counsel, Corporate sec...)
  • Thomas Kennedy (CEO, Chairperson)
  • Jeanette Hughes (VP, Internal Audit)
  • Kevin Dasilva (VP, Treasury)
  • Roy Azevedo (VP, President, Space, Airborne Systems, Rayt...)

The Culture At Raytheon

Information provided by the company
Diversity is a part of our culture and a key to our success. When world-class talent works together in a place that is respectful and inclusive, we solve some of the world's hardest problems.
Integrated Defense Systems Advanced Technology (AT) organization offers an innovative and inclusive culture; welcoming diversity and collaboration and providing numerous opportunities for career growth. Are you interested in joining a dynamic, inclusive, and growing high tech team
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Are you a professional who is passionate about helping employees understand how their work helps support a broader mission Do you have the skills to help drive transformation and maximize employee engagement
We value curiosity and innovation. We strive to bring your ideas to life, and encourage our engineers to learn and explore in our Innovation Labs. Space imaging is a rapidly expanding field, and we seek your skills and imagination to grow in partnership with you.
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One global team creating trusted, innovative solutions to make the world a safer place….. Integrated Defense Systems (IDS) offers an innovative and inclusive culture; welcoming diversity and collaboration and providing numerous opportunities for career growth.
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Raytheon Reviews

Zippia Official Logo

3.0

Zippia UserFebruary 2020

3.0

Zippia Official LogoZippia UserFebruary 2020

What Do You Like About Working There?

Work environment, benefits and people Show More

What DON'T You Like About Working There?

Hard to get salary increases for administrative assistants Show More

What Are Your Favorite Benefits/Perks?

Dental/Vision benefit Show More
Zippia Official Logo

5.0

Zippia UserNovember 2019

5.0

Zippia Official LogoZippia UserNovember 2019

What Do You Like About Working There?

The culture is the best I've ever worked in, in this industry. Show More

What DON'T You Like About Working There?

The hours are very long, and I travel intensely. Show More

What Are Your Favorite Benefits/Perks?

My salary is the best I've ever had. Show More
Zippia Official Logo

5.0

Zippia UserNovember 2019

5.0

Zippia Official LogoZippia UserNovember 2019

What Do You Like About Working There?

The people Show More

What DON'T You Like About Working There?

Nothing. Great company. Flexible work schedule. Values it’s employees. Show More

What Are Your Favorite Benefits/Perks?

Flex work schedule. You feel like a valued member of the team. Great company. Show More
Zippia Official Logo

1.0

Zippia UserOctober 2019

1.0

Zippia Official LogoZippia UserOctober 2019

What Do You Like About Working There?

Nothing Show More

What DON'T You Like About Working There?

The company has very little culture. Many would compare working here to a prison. Show More

What Are Your Favorite Benefits/Perks?

401k Match Show More
Zippia Official Logo

3.0

Zippia UserApril 2019

3.0

Zippia Official LogoZippia UserApril 2019

What Do You Like About Working There?

It's pretty chill here. Everyone is really nice. Show More

What DON'T You Like About Working There?

They pay to little. Need more diversity. Show More

What Are Your Favorite Benefits/Perks?

Good work environment. Nice people. Show More
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Raytheon Rankings

Raytheon is ranked #18 on the Best Technology Companies to Work For in America 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 Salaries

How much does Raytheon pay?
The national average salary for a Raytheon employee in the United States is $78,151 per year. Employees in the top 10 percent can make over $108,000 per year, while employees at the bottom 10 percent earn less than $56,000 per year.
9.6
Salary Score
Average Employee Earnings

Raytheon Salaries By Job Title

While Raytheon employees earn an average yearly salary of $78,151, different roles can command different wages. Some of the positions that earn high wages at Raytheon include Program Manager, Project Manager, Senior Systems Engineer, and Software Engineer. A typical Program Manager salary at Raytheon is $109,475. Other roles at Raytheon include Electronic Assembler and Material Handler. A Electronic Assembler at Raytheon earns an average yearly salary of $27,927.

Raytheon careers

On average, employees at Raytheon stay with the company for 5.0 years. Employees most commonly join Raytheon after leaving US Army. When they leave Raytheon, they most frequently get their next job at Lockheed Martin.

Average Length of Employment
Boeing6.4 years

Raytheon

5.0 years
Top Employers Before Raytheon
US Army17.5 %
U.S. Navy11.7 %
Boeing9.7 %
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Top Employers After Raytheon
Boeing10.3 %
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Raytheon Employment Videos

Raytheon Financial Performance

9.8
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

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Raytheon Subsidiaries

Subsidiaries to Raytheon include Forcepoint, Websense, and VISUAL ANALYTICS. Employees at the parent company, Raytheon, earn $78,151. In comparison, the salaries at Forcepoint, Websense, and VISUAL ANALYTICS are $93,930, $88,163, and $67,283.
Company
Average Salary
$88,163
$88k
VISUAL ANALYTICS
VISUAL ANALYTICS
$67,283
$67k
$60,189
$60k

Raytheon Competitors

Competitors of Raytheon include Microsoft, Qualcomm, and Dell. The wages at Microsoft average higher than the other similar companies, where the median salary is $124,093 per year. Employees at Qualcomm earn an average of $105,803 per year, and the employees at Dell earn an average salary of $94,992 per year.
Company
Average Salary
$124,093
$124k
$105,803
$106k
$94,992
$95k
$92,479
$92k
$88,383
$88k
$84,673
$85k

Frequently Asked Questions about Raytheon

When was Raytheon founded?

Raytheon was founded in 1922.

How many Employees does Raytheon have?

Raytheon has 67,000 employees.

How much money does Raytheon make?

Raytheon generates $27.1B in revenue.

What industry is Raytheon in?

Raytheon is in the aerospace and defense industry.

What is Raytheon's mission?

Raytheon's mission statement is "Our people and products are currently providing solutions across the LVC and C2 domains, saving lives and saving money for the warfighter."

What type of company is Raytheon?

Raytheon is a public company.

Who are Raytheon's competitors?

Raytheon competitors include Northrop Grumman, Lockheed Martin, Boeing, General Dynamics, Science Applications International ..., Harris, L3 Technologies, Intel, Rockwell Collins, HP, Qualcomm, IBM, Texas Instruments, Booz Allen Hamilton, Dell, Microsoft, AECOM, Leidos, BAE Systems, United Technologies.

Who works at Raytheon?

Frank Jimenez (VP, General counsel, Corporate sec...)

Thomas Kennedy (CEO, Chairperson)

Jeanette Hughes (VP, Internal Audit)

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You can find out what it is like to work at Raytheon, also known as RAYTHEON CO, Raytheon and Raytheon Company.

Zippia gives an in-depth look into the details of Raytheon, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Raytheon. The employee data is based on information from people who have self-reported their past or current employments at Raytheon. 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 and its employees or that of Zippia.