Raytheon Company

Raytheon Company Hris Corp Division, doing business as Raytheon, is a large prime contractor delivering progressive microelectronic capability solutions, advanced radar systems, electronic warfare technologies, and defense system integration services to the Department of Defense across air, land, sea, space, and cyber domains. The division operates as a for-profit manufacturer and engineering services provider competing full-and-open with no set-aside designations, and is a child entity of Raytheon Company, which is itself a subsidiary of RTX Corporation (formerly Raytheon Technologies Corporation), headquartered in Arlington, Virginia.

Raytheon's recent federal footprint comprises 780 prime awards with a combined potential value of $50.64 billion, of which $7.37 billion has been obligated. The division's capability portfolio centers on progressive microelectronic design, development, fabrication, integration, and sustainment; radar modernization and enhancement; counter-unmanned aircraft system (C-UAS) development; advanced technology software and algorithm development; and mission-critical system obsolescence resolution. Representative recent work includes a $133.8 million delivery order from Naval Information Warfare Systems Command (April 2026) under Advanced Technology Support Program IV (ATSP4) to develop and install an Air Base Air Defense system in the AFRICOM theater; a $262.996 billion delivery order from Program Executive Office Missiles and Space (September 2025) for sense and intercept equipment refinement and delivery; a $253.261 billion delivery order from PEO Missiles and Space (April 2023) for counter-unmanned aircraft system analysis and integration under the CLEAVAR program; and a $216.902 billion delivery order from PEO Missiles and Space (August 2024) for advanced technology maintainability of counter-UAS systems. The division also holds a seat on the newly awarded Advanced Technology Support Program V (ATSP5), a multiple-award indefinite delivery contract issued April 1, 2026, with a ceiling of $25.357 billion and performance through December 29, 2035.

Customer concentration is extreme: the Defense Microelectronics Activity dominates with 119 awards and $43.25 billion in combined potential value, representing 85% of the division's total potential value. The second-ranked customer, Department of the Army Acquisition Support Center PEO Missiles and Space, carries 69 awards valued at $3.31 billion—approximately 7% of the portfolio. Department of Navy Information Warfare Systems Command (11 awards, $568.6 million), Naval Air Systems Command (52 awards, $412.2 million), and Air Force Sustainment Center (61 awards, $367.5 million) comprise the remaining top customers. The extreme DMEA concentration reflects Raytheon's dominant position on both ATSP III and ATSP IV vehicles: ATSP III accounts for 383 task orders at $2.02 billion combined value, and ATSP IV carries 288 task orders at $5.39 billion. Across both vehicles, delivery orders are cost-plus-fixed-fee structures for development, engineering, integration, and test work spanning microelectronic capability advancement, radar system enhancements, and counter-UAS evolution.

Activity has remained steady at 20–24 awards annually over the past five years (2022–2025), with 6 awards recorded in the first quarter of 2026. Thirty-one awards with ultimate completion dates in the next twenty-four months carry combined potential value of $1.44 billion and represent recompete exposure. Raytheon's work portfolio is predominantly engineering services (677 awards) and search, detection, navigation, guidance, aeronautical, and nautical system manufacturing (102 awards), with dominant PSC classification R&D Defense System Electronics/Communication Equipment (Advanced Development) covering 294 awards. The division engages a broad subcontractor network including Honeywell International, Qorvo, Times Microwave Systems, L3Harris Fuzing and Ordnance Systems, Persistent Systems, Dell Federal Systems, Leidos, and numerous specialized RF semiconductor, cable assembly, circuit card, and precision machining suppliers. Named single-source relationships on individual delivery orders have included Aevex Aerospace, Velo3D, Riverside Machine and Engineering, Nevada Heat Treating, Nikon AM Synergy, Sanmina, Systima Technologies, and various small disadvantaged and woman-owned businesses across electronics manufacturing and component supply.