PRIVATE CORPORATE JET AIRPLANE OPERATOR. MEMBER OF THE RAYTHEON GROUP. OPERATES NON-COMMERCIAL EXPERIMENTAL FLIGHTS FOR ITSELF ONLY.
1151 EAST HERMANS ROAD, BLDG 845
TUCSON, ARIZONA AZ 85706-9367, USA
USA (United States of America) was established in 1776, it covers an area of 9,363,123 sq km, its population is 280 million, its capital city is Washington DC, and its official language is English.
SEPTEMBER 1999: HANSEL TOOKES PRESIDENT & (COO) RAYTHEON AIRCRAFT COMPANY (RAY)/(HAC).
AUGUST 2000: THOMAS SARAMA, VP ENGINEERING, RAYTHEON AIRCRAFT (RAY)/(HAC).
SELLS AEROSPACE, MS, (TECHNICAL SERVICES; LOGISTICS; INVENTORY MANAGEMENT; MAINTENANCE; FOR 1,600 AIRPLANES; 5,300 EMPLOYEES) FOR $270 MILLION.
REBECCA RHOADS VP & CHIEF INFORMATION OFFICER (CIO).
November 2002: Sue Baumgarten President Raytheon International (RAY)/(HAC), succeeds Hansel Tookes, who retired.
Raytheon Company (RAY)/(HAC) 3rd Quarter = +$228 million (-$280 million).
December 2002: Tom Sarama VP Strategic Programs. He was VP Engineering, and has been succeeded by David Riemer, now VP Product Development & Engineering.
August 2006: Jack Harrington VP Command & Control Systems, Raytheon Network Center Systems (RAY)/(HAC).
October 2006: Michael Morgan, a 26-year veteran of the Central Intelligence Agency (CIA) has been hired to lead Raytheon (RAY)/(HAC)’s $2.5 billion Intelligence and Information Systems (IIS) business. Morgan’s most recent assignment was with the (CIA)’s Office of the Director of National Intelligence.
April 2007: 1st quarter profit rose +21% on strong sales of missiles and battle operations communication systems, and improving results at an airplane unit that Raytheon (RAY)/(HAC) sold last month. Net income was +$346 million, or 76 cents per share, compared with +$287 million, or 64 cents per share, in last year's 1st quarter. Sales rose +6% to 4.93 billion from $4.66 billion. Not counting a one-time gain, (RAY)/(HAC)'s profit was +$314 million, or 69 cents per share. Shares of (RAY)/(HAC) rose +35 cents to end at $55.
January 2009: Raytheon (RAY)/(HAC) has won a $12.2 million US Air Force (USF) contract to study the feasibility of adding a radio frequency data link and increased power output for a possible Block II version of its developmental miniature air launched decoy jammer, with roughly 925 km/500 nm range for service entry in fiscal year 2013.
February 2013: Raytheon (RAY) has opened a new silicon carbide manufacturing foundry facility in Scotland. The company is investing in silicon carbide as a “next-generation semiconductor technology,” applicable in several industries including aerospace. “What was previously unachievable is now possible with silicon carbide,” Raytheon (RAY) UK, (CEO) Bob Delorge said, “as it allows for smaller and lighter electronics to operate in harsh environments, and addresses a real customer need for significant energy efficiency savings in the manufacture of power switching and rectifying components (AC/DC converters).”
Investment in the foundry has so far exceeded >£3.5 million/$5.5 million. “This places the company at the start of a journey to exploit new global markets for this cost-efficient material,” Delorge said.
Silicon carbide components are able to operate at higher voltages and hotter temperatures than pure silicon. It can achieve these results while being one-third the weight and volume of pure silicon parts, (RAY) said, adding it is the 1st company to have tested silicon carbide circuit devices at temperatures of up to 400 degrees Celsius.
October 2015: Cyber security experts at Raytheon Company (RAY) are upgrading encryption modules in a satellite communications system (SATCOM) for the B-2 bomber to enhance the strategic aircraft's information security.