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The Raytheon Company was founded in 1922 in Cambridge, Massachusetts, by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company. [13] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The company's first product was a gaseous (helium) rectifier that was based on ...
raytheon.com (Archived) The Raytheon Company was a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon was the world's largest producer of guided missiles. [3]
The business was a combination of two Raytheon Company legacy businesses, Raytheon Integrated Defense Systems (IDS) and Raytheon Missile Systems (RMS), which operated a plant formerly owned by the Hughes Aircraft Company. [citation needed] Raytheon had been criticized for selling arms to Saudi Arabia that were used in the Yemen Civil War. These ...
Sources: S&P Capital IQ and Motley Fool CAPS. On CAPS, 95% of the 1,360 members who have rated Raytheon believe the stock will outperform the S&P 500 going forward.
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The new company reported $26 billion of combined sales in 2019 and is composed of 68,000 employees. [1] [6] In 2020 United Technologies merged with Raytheon Company to form Raytheon Technologies. In July 2023, Collins agreed to sell its actuation and flight controls business unit to French multinational Safran in an all-cash deal worth $1.8 ...
Forcepoint LLC. Forcepoint is an American multinational corporation software company headquartered in Austin, Texas, that develops computer security software and data protection, cloud access security broker, firewall and cross-domain solutions. Forcepoint was founded in 1994 as an information technology reseller called NetPartners.
This was the beginning of the Pratt & Whitney Aircraft Company. [5] Pratt & Whitney Aircraft's first engine, the 425 horsepower (317 kW) R-1340 Wasp , was completed on Christmas Eve 1925. On its third test run it easily passed the U.S. Navy qualification test in March 1926; by October 1926, the U.S. Navy had ordered 200.