Raytheon Company

Raytheon Company Advanced Products & Solutions Division, operating as Raytheon Co, is a large business prime contractor delivering advanced semiconductor devices, radar signal processing systems, electro-optic and RF photonic components, and engineering design services to Department of Defense, Navy, Air Force, DARPA, and civilian agencies. A subsidiary of RTX Corporation competing without SBA certifications across full-and-open federal procurements, Raytheon maintains its primary place of performance at Tewksbury, Massachusetts, with subordinate operations in Merrimack, New Hampshire, Huntsville, Alabama, and Portsmouth, Rhode Island.

Raytheon's federal work splits sharply between high-dollar NASAMS (National Advanced Surface-to-Air Missile System) platform procurements for foreign military sales channels and deeper R&D investment from defense research agencies. Prime contract examples include a $1.02 billion definitive contract from PEO Missiles and Space awarded May 26, 2026, for Kuwait NASAMS 7 lot procurement through September 30, 2031; a $789.3 million firm fixed-price definitive contract from PEO Missiles and Space awarded November 17, 2025, for Taiwan NASAMS 3 lot procurement through February 28, 2034; a $1.676 billion cost-plus-incentive contract from Naval Sea Systems Command awarded April 24, 2022, for DDG 1000 Zumwalt-class mission systems and Total Ship Computing Environment Infrastructure support through April 23, 2027; and a $440.6 million cost-plus-fixed-fee contract from Naval Sea Systems Command awarded September 21, 2022, for design agent and technical engineering support to the Dual Band Radar system (AN/SPY-3 and AN/SPY-4) through November 1, 2029. Raytheon also maintains active DARPA and Office of Naval Research research portfolios spanning ultra-wide bandgap semiconductors ($5.35 million DARPA contract awarded August 21, 2024, through July 31, 2027), heterogeneous integrated photonics (HAPPI program, $7.32 million DARPA contract awarded March 7, 2025, through September 14, 2026), enhanced radar signal processing for SPY-6 family shipboard radars ($42.998 million ONR cost-plus-fixed-fee contract awarded July 11, 2024, through January 31, 2028), and advanced thermal management for high-power electronics (THREADS program, $14.9 million DARPA cost-plus-fixed-fee contract awarded September 29, 2023, through October 9, 2025).

Naval customers dominate the portfolio. The Department of the Navy—split across the Office of Naval Research (58 awards, $2.28 billion combined potential value) and Naval Sea Systems Command (50 awards, $11.28 billion combined potential value)—accounts for the bulk of Raytheon's dollar exposure. Naval Sea Systems Command alone represents $11.28 billion (54% of all combined potential value across 393 awards), anchored by the Zumwalt mission systems and Dual Band Radar engineering contracts. Department of the Army Space and Missile Defense Command contributed $2.88 billion across four awards (primarily NASAMS sustainment and maintenance delivery orders). PEO Missiles and Space (9 awards, $2 billion combined potential value) supplies the foreign military sales NASAMS lots. DARPA (40 awards, $307.8 million) and the Air Force (42 awards, $216.6 million) round out the active customer set. The top five customers account for 64% of award count and 90% of combined potential value—a concentration skewed heavily toward sustained naval engineering and NASAMS platform work.

Raytheon holds position on multiple indefinite delivery and basic ordering agreement vehicles anchoring recurring task order activity. The Basic Ordering Agreement N0002418G5501 generated 13 task orders worth $159.3 million in combined potential value. Indefinite Delivery Contract N6133114D0029 carried 10 task orders valued at $5.8 million. Basic Ordering Agreement N0002414G5333 supported 9 task orders worth $45.1 million. Indefinite Delivery Contract DAAD0592D7050 carried 7 task orders. These vehicles, all with Naval Sea Systems Command or Army Space and Missile Defense Command, establish recurring conduits for engineering support, component procurement, and R&D task orders that characterize the customer relationship. A single-award Indefinite Delivery Contract from Naval Sea Systems Command valued at $7.1 million was awarded September 17, 2024, through September 16, 2029, for technical support of the Maritime Data Collection Program sensors, with a $1.21 million delivery order issued September 20, 2024.

Recent activity has declined on an awards-per-year basis—21 awards in 2022, dropping to 7 in 2026 (year-to-date through mid-September)—but this reflects the transition from multiple smaller research contracts to fewer, larger platform and sustainment efforts dominating the current portfolio. Twenty-one awards with ultimate completion dates in the next twenty-four months carry $2.12 billion in combined potential value, signaling a significant recompete cliff across Zumwalt mission systems, Dual Band Radar, NASAMS sustainment, and multiple DARPA research efforts.

Raytheon operates as a prime on 96% of recent awards (378 of 393), with subcontractor relationships routed through specialized electronics, semiconductor, and component suppliers. On the DARPA Ultra-Wide BandGap Semiconductors contract, Raytheon engaged Hexatech Inc. (aluminum nitride substrates), Crystal IS Inc. (wide bandgap materials), Element Six Technologies (diamond supermaterials), and the University of Florida and Michigan State University (specialized research). On the Office of Naval Research SPY-6 enhanced radar signal processing contract valued at $42.998 million, Raytheon assembled a multi-vendor electronics supply and manufacturing team including Sanmina Corporation (printed wiring boards), Trenton Systems (circuit card assemblies), Dell Federal Systems (server hardware), Samtec and Glenair (fiber optic and RF cable assemblies), K&L Microwave (filters and multiplexers), Knowles Cazenovia (custom filters), Ophir RF (power amplifiers), and Mouser and Digi-Key (semiconductor and component distribution). On the $67.018 million Air Force Qatar Air Operation Center upgrade contractor logistics support contract, Raytheon's subcontractor team included Advanced Simulation Technology Inc., Frequentist Defense Inc., Ultra Electronics Advanced Tactical Systems Inc., MAK Technologies Inc., Carahsoft Technology Corp, Parsons Government Services Inc., Sterling Computers Corporation (women-owned small business), Dell Federal Systems, Hewlett Packard Enterprise, TD Synnex Corporation, Govsmart Inc. (HUBZone-certified small business), Curtiss-Wright DS Inc., Redondo Systems Incorporated, Atlantic Data Security LLC, and Tvar Solutions LLC. Service Contract Inventory data shows minimal SCI-reportable invoiced activity (zero across FY2022–FY2025) and near-zero FTE trajectory (0.5 FTEs across FY2024, reflecting classified or unclassified service-contract work above the SCI reporting threshold), indicating the majority of Raytheon's federal revenue flows through goods procurements, R&D development contracts, and classified service work not captured in the public SCI database.

Raytheon's work concentration sits in research and development. The top NAICS categories are Research and Development in the Physical, Engineering, and Life Sciences (65 awards) and related subcategories, Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (32 awards), and Engineering Services (25 awards). Top PSC categories reflect defense system R&D emphasis: R&D Defense System Electronics/Communication Equipment Advanced Development (41 awards), R&D Defense Other Applied Research/Exploratory Development (41 awards), Radar Equipment Except Airborne (29 awards), and R&D Defense Other Advanced Development (29 awards). This portfolio composition—heavy R&D, radar, photonics, and semiconductor device work—positions Raytheon as a core supplier of advanced defense electronics and naval systems modernization to the government.