Raytheon 2004 Annual Report Download - page 21

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PART I
Item 1. Business
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Raytheon Company (“Raytheon” or the “Company”), with worldwide 2004 sales of $20.2 billion, is an industry
leader in defense and government electronics, space, technical services, and business and special mission aircraft.
Raytheon was founded in 1922 and is currently incorporated in the state of Delaware. The Company is the
surviving company of the 1997 merger of HE Holdings, Inc. and Raytheon Company.
Raytheon’s government and defense business is currently aligned in six business segments: Integrated Defense
Systems; Intelligence and Information Systems; Missile Systems; Network Centric Systems; Space and Airborne
Systems; and Technical Services. Raytheon Aircraft is one of the leading providers of business and special mission
aircraft and delivers a broad line of jet, turboprop, and piston-powered airplanes to individual, corporate and
government customers world-wide.
The Company’s principal executive offices are located at 870 Winter Street, Waltham, Massachusetts 02451. The
Company’s Internet address is www.raytheon.com. The content on the Company’s website is available for
information purposes only. It should not be relied upon for investment purposes, nor is it incorporated by
reference into this Form 10-K.
The Company makes available free of charge on or through its Internet website under the heading “Investor
Relations,” its report on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and
amendments to those reports as soon as reasonably practicable after it electronically files such material with, or
furnishes it to, the Securities and Exchange Commission.
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Integrated Defense Systems. The Integrated Defense Systems (IDS) business, headquartered in Tewksbury,
Massachusetts, is a leader in mission systems integration. With a strong international and domestic customer base,
including the U.S. Missile Defense Agency and the U.S. Armed Forces, IDS provides integrated air and missile
defense and naval and maritime war-fighting solutions. The business primarily consists of the following business
areas: DD(X), Integrated Air Defense Systems, International Integrated Air Defense, Japan Integrated Programs,
Missile Defense, Naval Integrated Systems, Saudi Arabian Programs, and Surveillance and Sensor Systems.
IDS had 2004 net sales of $3.5 billion.
DD(X) – The DD(X) business area is responsible to the U.S. Navy, under contract to Northrop Grumman Ship
Systems (NGSS), to deliver a fully integrated Ship System. This includes design of the Combat Systems Suite as well
as design and oversight of the Total Ship’s Computing Environment Infrastructure in which all on board systems
will operate. Within the program there are numerous areas of expertise, including Total Ship’s Systems Engineering
(TSSE) and Integration, Total Ship’s Computing Environment Infrastructure Design, Software Programming,
Human Systems Integration, Training and Logistics, and Modeling and Simulation, and Design, Test and
Integration of Command and Control Systems, Radar, Sonar, Planar Array Antenna, and Vertical Missile Launcher.
Additional work in the program includes Sensor and Vehicle Control, Electro-Optic/InfraRed, Electronic
Surveillance, Acoustic Sensor Suite, and Identification Friend or Foe elements. Further work in the Command and
Control, Communications, Computers and Intelligence (C4I) area includes External Communications and Imagery
areas. The following key programs exist within the DD(X) Program: Dual Band Radar (SPY-3 Multifunction Radar
and Volume Search Radar), Integrated Undersea Warfare System, MK 57 Vertical Launching System, and Total
Ship Computing Environment Infrastructure.