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Raytheon Technologies overview

Industry
Aerospace and Defense
Revenue
Headquarters
Employees
67,000
Founded in
Website
Organization type
Public
Social media

Raytheon is a technology company focusing on defense, homeland security, and government markets worldwide. With a rich history of innovation, the company excels in delivering state-of-the-art electronics, mission systems integration, and capabilities in sensing, effects, and command, control, communications, and intelligence systems. Additionally, Raytheon provides a broad range of mission support services.

Headquartered in Waltham, Massachusetts, Raytheon Technologies is an industry leader with 67,000 employees and an annual revenue of $29.2 billion. The company is led by CEO Gregory J. Hayes and boasts a diverse workforce with 28.5% female and 40.5% ethnic minorities among its employees. Despite political differences among the team, Raytheon has strong employee retention with staff members staying for an average of 6.6 years. The median employee salary at Raytheon Technologies is $72,022 annually, making it lower than some competitors such as NVIDIA, Microsoft, and Cisco.

Raytheon Technologies's mission statement

To be the most admired defense and aerospace systems company through our world-class people, innovation and technology.” the statement has the following main parts: defending the world. Promoting innovation.

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3.9/5

Raytheon Technologies employee reviews

Based on 32 ratings

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Raytheon Technologies employee reviews

Raytheon Technologies employee reviews
3.9/5

Based on 32 ratings

Work at Raytheon Technologies? Share your experience.
Employee reviews
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5.0
A zippia user wrote a review on Oct 2024
Pros of working at Raytheon Technologies

My experience of working at Raytheon are opportunities to grow in my career path and utilized state of the art technologies.

Cons of working at Raytheon Technologies

The work-life balance could be challenging at times due to long hours and demanding deadlines.

Raytheon Technologies benefits

12% match of 401K fully vested immediately!

What do you like best about Raytheon Technologies's CEO and the leadership team?

they are super!

How would you improve Raytheon Technologies's culture?

No room for improvement

How did you prepare for the Raytheon Technologies interview?

I learned about the company culture, products, and relation before my interview.

How does your compensation at Raytheon Technologies compare to the industry average?

fair

What's the diversity at Raytheon Technologies like?

Personally, I believe diversity brings immense value to an organization, and I’m committed to contributing to an inclusive environment where everyone feels empowered to share their unique perspectives.

What brings you the most joy at Raytheon Technologies?

I really enjoy collaborating with my colleagues and learning from their diverse perspectives.

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1.0
A zippia user wrote a review on Oct 2024
Pros of working at Raytheon Technologies

Many smart people

Cons of working at Raytheon Technologies

Culture of lies. What they say in training videos and bullet talking points isn’t what they stand by. It’s a good-ol’-boys company.

Raytheon Technologies benefits

Off Fridays

What do you like best about Raytheon Technologies's CEO and the leadership team?

Nothing since merger… terrible

How would you improve Raytheon Technologies's culture?

Needs more checks and balances - the HR Org is so unethical and bad.

What's the diversity at Raytheon Technologies like?

They will openly discriminate, and pretend that’s not what’s happening. It is.

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5.0
A zippia user wrote a review on Sep 2023
Pros of working at Raytheon Technologies

The people and the support to advance my skillset

Cons of working at Raytheon Technologies

Limited growth opportunity

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3.0
A zippia user wrote a review on Sep 2023
Pros of working at Raytheon Technologies

Remote

Cons of working at Raytheon Technologies

Managers have no leadership experience

Raytheon Technologies benefits

Remote work, benefits begin immediately.

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5.0
A zippia user wrote a review on Sep 2023
Pros of working at Raytheon Technologies

Great organization to work for.

Raytheon Technologies benefits

Benefit package could be better. The 9/80 schedule is phenomenal.

Cons of working at Raytheon Technologies

No cons

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2.0
A zippia user wrote a review on Aug 2023
Pros of working at Raytheon Technologies

Exposure to a lot of Programs and as well RMF methodology

Cons of working at Raytheon Technologies

Unrealistic workloads and benchmarks, Management disconnection, No room for growth, lack of proper training.

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4.0
A zippia user wrote a review on Jul 2023
Pros of working at Raytheon Technologies

Flexible work hours. Interesting technology.

Cons of working at Raytheon Technologies

Sometimes it's difficult to resolve issues because so many employees work from home and they can be difficult to reach.

Raytheon Technologies benefits

Flexible work hours. On campus gym.

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5.0
A zippia user wrote a review on May 2023
Pros of working at Raytheon Technologies

Great opportunities to grow and learn. Importance of the customer mission

Cons of working at Raytheon Technologies

Organizational shifts.

Raytheon Technologies benefits

Great salary and benefits. Great pool of talent. Have been very happy for almost 2 decades.

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3.0
A zippia user wrote a review on Apr 2023
Pros of working at Raytheon Technologies

The staff that I supported.

Cons of working at Raytheon Technologies

No proper training to advance within company. Manager not available for support.

Raytheon Technologies benefits

Meeting new people and offering great customer service.

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5.0
A zippia user wrote a review on Apr 2023
Pros of working at Raytheon Technologies

Large company, lots of opportunity

Cons of working at Raytheon Technologies

Many changes (due to merger), management does not communicate well

Raytheon Technologies benefits

There used to be several, now financial constraints have ended them all.

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4.0
A zippia user wrote a review on Apr 2023
Pros of working at Raytheon Technologies

The duties and responsibilities are vast, allowing one to obtain a great deal of knowledge.

Cons of working at Raytheon Technologies

Not initially getting placed in an area of my expertise was rather disappointing.

Raytheon Technologies benefits

There are many relocation opportunities due to the size of the company.

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5.0
A zippia user wrote a review on Jan 2023
Pros of working at Raytheon Technologies

Employees ,atmosphere

Cons of working at Raytheon Technologies

Distance from home, traffic during peak hours

Raytheon Technologies benefits

Traveling to numerous state conducting audits with my staff

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5.0
A zippia user wrote a review on Oct 2021
Pros of working at Raytheon Technologies

big company with lots of opportunities

Cons of working at Raytheon Technologies

long very long commute

Raytheon Technologies benefits

variety of opportunities

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5.0
A zippia user wrote a review on May 2021
Pros of working at Raytheon Technologies

Everything

Cons of working at Raytheon Technologies

It Closed due to a global slowdown of business

Raytheon Technologies benefits

Family Oriented company with great benefits

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5.0
A zippia user wrote a review on Apr 2021
Pros of working at Raytheon Technologies

The diversity of the scheduled remote activities in filming

Cons of working at Raytheon Technologies

The work day consisted of 10 to 12 hour days.

Raytheon Technologies benefits

The people

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5.0
A zippia user wrote a review on Feb 2021
Pros of working at Raytheon Technologies

Good pay and work life balance

Cons of working at Raytheon Technologies

Stressful and somewhat disorganized

Raytheon Technologies benefits

Every other Friday off

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4.0
A zippia user wrote a review on Nov 2020
Pros of working at Raytheon Technologies

Good People

Cons of working at Raytheon Technologies

No room for growth

Raytheon Technologies benefits

Work/life balance

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3.0
A zippia user wrote a review on Feb 2020
Pros of working at Raytheon Technologies

Work environment, benefits and people

Cons of working at Raytheon Technologies

Hard to get salary increases for administrative assistants

Raytheon Technologies benefits

Dental/Vision benefit

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5.0
A zippia user wrote a review on Nov 2019
Pros of working at Raytheon Technologies

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

Cons of working at Raytheon Technologies

The hours are very long, and I travel intensely.

Raytheon Technologies benefits

My salary is the best I've ever had.

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5.0
A zippia user wrote a review on Nov 2019
Pros of working at Raytheon Technologies

The people

Cons of working at Raytheon Technologies

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

Raytheon Technologies benefits

Flex work schedule. You feel like a valued member of the team. Great company.

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1.0
A zippia user wrote a review on Oct 2019
Pros of working at Raytheon Technologies

Nothing

Cons of working at Raytheon Technologies

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

Raytheon Technologies benefits

401k Match

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3.0
A zippia user wrote a review on Apr 2019
Pros of working at Raytheon Technologies

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

Cons of working at Raytheon Technologies

They pay to little. Need more diversity.

Raytheon Technologies benefits

Good work environment. Nice people.

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1.0
A zippia user wrote a review on Feb 2019
Pros of working at Raytheon Technologies

I get to make bombs that get dropped on children in Yemen and other middle east countries. Stupid kids.

Cons of working at Raytheon Technologies

They only pay me 6 figures. I'm greedy and need more money.

Raytheon Technologies benefits

Murdering people with weapons across the globe and getting paid for it.

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The team at Raytheon Technologies

  • The founders of Raytheon Technologies are Charles Smith, Laurence Marshall and Vannevar Bush.
  • The key people at Raytheon Technologies are Gregory J. Hayes, Charles Smith and Laurence Marshall.
Key people
Gregory J. Hayes
Charles Smith
Laurence Marshall
Vannevar Bush

Raytheon Technologies rankings

Raytheon Technologies is ranked #33 on the Best Technology 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 Technologies salaries

Average Raytheon Technologies salary
$72,022
yearly
$34.63 hourly
Updated March 14, 2024

Rate Raytheon Technologies' commitment to diversity and inclusion.

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Raytheon Technologies diversity

9.9
Diversity score
We calculated Raytheon Technologies’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Raytheon Technologies’s workforce.
Raytheon Technologies diversity summary. Zippia estimates Raytheon Technologies's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Raytheon Technologies's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Raytheon Technologies's workforce.
  • Raytheon Technologies has 67,000 employees.
  • 29% of Raytheon Technologies employees are women, while 71% are men.
  • The most common ethnicity at Raytheon Technologies is White (59%).
  • 16% of Raytheon Technologies employees are Hispanic or Latino.
  • 11% of Raytheon Technologies employees are Black or African American.
  • The average employee at Raytheon Technologies makes $72,022 per year.
  • Raytheon Technologies employees are most likely to be members of the republican party.
  • Employees at Raytheon Technologies stay with the company for 6.6 years on average.

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Raytheon Technologies office locations

Raytheon Technologies is headquartered in Waltham, MA

Biggest Raytheon Technologies locations

RankCityJob countAvg. salary
1Phoenix, AZ39$67,840
2Dallas, TX30$67,686
3Austin, TX21$69,636
4Houston, TX10$69,472
5San Jose, CA10$87,622
6Columbus, OH5$69,382
7Los Angeles, CA4$82,323
8San Antonio, TX4$70,139
9San Diego, CA4$80,872
10Jacksonville, FL4$64,210

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Raytheon Technologies financial performance

9.5
Performance score

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

Raytheon Technologies currently has 67.1B in revenue. Raytheon Technologies's most recent quarter produced 13.5b (q3'2023).

Raytheon Technologies annual revenue

$29B
$23B
$18B
$12B
$6B
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Highest paying Raytheon Technologies competitors

Compare Raytheon Technologies salaries to competitors, including NVIDIA, Microsoft, and Cisco. Employees at NVIDIA earn the highest average yearly salary of $138,575. The salaries at Microsoft average $131,100 per year, and the salaries at Cisco come in at $123,536 per year.
RankCompanyAverage salaryJobs
1$138,5750
2$131,1000
3$123,5360
4$109,4970
5$109,2050
6$102,5660
7$102,0980
8$100,3260
9$94,2080
10$94,0010

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Zippia gives an in-depth look into the details of Raytheon Technologies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Raytheon Technologies. The employee data is based on information from people who have self-reported their past or current employments at Raytheon Technologies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. 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. None of the information on this page has been provided or approved by Raytheon Technologies. The data presented on this page does not represent the view of Raytheon Technologies and its employees or that of Zippia.

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