Raytheon Company

Raytheon Company Air & Space Defense Systems Division, doing business as Raytheon Co, is a large for-profit aerospace and defense manufacturer that operates as a prime contractor to the Department of Defense, delivering advanced radar systems, sensor technologies, electronic warfare capabilities, and specialized aircraft components and sustainment services. The division competes full-and-open and does not pursue set-aside categories; it is a subsidiary of RTX Corporation, headquartered in Arlington, Virginia, and is classified as a manufacturer of goods under NAICS 334511 (Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing) and related airframe and component codes.

Raytheon's federal work concentrates in three capability areas: airborne radar and sensor systems (including Active Electronically Scanned Array radars for the F/A-18 and EA-18G platforms, the Advanced Synthetic Aperture Radar System for Army reconnaissance, and combat identification technologies); electronic warfare and jamming systems (particularly the Next Generation Jammer Mid-Band system for the EA-18G Growler); and aircraft component repair, sustainment, and spares supply for Navy and Air Force platforms. Representative prime work includes a $582.3 million fixed-price-incentive definitive contract from Naval Air Systems Command (May 2025) for NGJ-MB Production Lot 5 system shipsets for the EA-18G Growler; a $591.5 million fixed-price-incentive definitive contract from Naval Air Systems Command (November 2024) for NGJ-MB Production Lot 4 system shipsets and spares; a $109.9 million cost-plus-fixed-fee delivery order from the Department of the Army (January 2026) for ASARS engineering, production, and sustainment to maintain SAR/MTI capability on Army platforms; a $19.98 million cost-plus-fixed-fee definitive contract from the Air Force Research Laboratory (April 2026) for the Combat Identification Automated Target Recognition Technology (CATCH) Call 03 research and development program spanning TRL 3–7 across sensor fusion, modeling, simulation, and algorithm development; and a $126.5 million firm fixed-price delivery order from the Air Force Sustainment Center (July 2025) for F-15EX Eagle Vision Lot 6 radars. The division also executes significant sustainment and repair contracts, including a $52.2 million firm fixed-price delivery order from Naval Air Systems Command (February 2025) for Forward Looking Infrared spares for foreign military sales to Spain, India, Norway, South Korea, and Saudi Arabia.

Customer concentration is extreme. The top five funding offices account for 55% of award count and 69% of combined potential value, with Naval Air Systems Command anchoring the portfolio at 524 awards valued at $7.89 billion combined potential value and Naval Supply Systems Command adding 377 awards worth $1.99 billion. The Air Force Materiel Command (primarily through Aeronautical Systems Center, Warner Robins Air Logistics Complex, and Air Force Sustainment Center) represents the second-largest customer segment at approximately $6.7 billion across 347 awards. Raytheon serves 55 distinct federal customer agencies, but Navy activity (Naval Air Systems Command, Naval Supply Systems Command, and Naval Air Warfare Center combined) represents roughly 65% of the portfolio by value. The Air Force Sustainment Center and the Army together constitute most remaining dollars.

Raytheon holds four significant parent vehicles. A $602.9 million single-award Indefinite Delivery Contract from Naval Supply Systems Command (September 2025 through September 2030) covers F/A-18 AESA radar repairs and spares, with three delivery orders already issued totaling $121.5 million as of mid-September 2025. A $512.2 million single-award IDIQ from the Department of the Army (December 2025 through December 2035) funds ASARS engineering, production, and life-cycle support, with a $104.8 million delivery order already placed (January 2026). A $77.2 million single-award IDIQ from the Air Force (July 2025 through July 2030) covers MAGR-2K GPS receiver repairs, production, and engineering services, supporting the NAVSTAR Major Defense Acquisition Program. Basic Ordering Agreements with Naval Air Systems Command provide additional task order vehicles, including a $2 million BOA (August 2025 through August 2030) under which a $13.73 million delivery order for Service Life Extension Program seekers repair was issued in September 2025. Across the SCI-reportable service-contract footprint, Raytheon invoiced $71.6 million from FY2022 through FY2024 — $23.8 million in FY2022, $22.7 million in FY2023, and $25.1 million in FY2024 — with SCI-reported FTE levels of 49.6 (FY2022), 46.1 (FY2023), and 48.8 (FY2024) across 55 prime service-contract records; on those reportable contracts, government-paid hourly rates ranged from $213.26/hr (10th percentile) to $326.43/hr (90th percentile), with median around $227.35/hr.

Activity trajectory shows consistent growth year over year — from 107 awards in 2022 to 224 in 2024 — with 109 awards (combined potential value $5.68 billion) reaching ultimate completion within the next twenty-four months and facing recompete risk. The division operates as a prime on 87% of its awards and subcontracts as a secondary supplier on 13%, reflecting its established position as a major systems integrator and component manufacturer. Raytheon subcontracts to Boeing, Northrop Grumman, and General Dynamics on large platform programs including the F-15 family, B-52 radar modernization, Global Hawk sustainment, and E-2D Hawkeye aircraft, delivering radar systems, sensor integration, and electronic warfare components. Conversely, Raytheon engages a broad subcontractor base for component supply: named subs include Abelconn LLC (custom circuit card assemblies), Amphenol Aerospace Operations (RF connectors), Teledyne Brown Engineering (circuit card assemblies), WL Gore & Associates (RF cable assemblies), Basic Electronics (flex assemblies), Riverside Machine and Engineering (precision machining and heat exchangers), Digi-Key Electronics (oscillator and crystal components), DEC Electronic Assembly (HUBZone small business, circuit card assembly), Georgia TECH Applied Research (RF research and NRE), Mercury Systems (RF and microwave devices), North Atlantic Industries (motor controllers), Excelitas Technologies (optical assemblies), and specialized suppliers for magnetics, connectors, transformers, inductors, and electronic components. Place of performance spans El Segundo and San Diego, California; Tucson and Forest, Mississippi; McKinney, Texas; Indianapolis, Indiana; and subordinate sites supporting naval aviation sustainment worldwide, including Kuwait.