Raytheon 2007 Annual Report Download - page 24

Download and view the complete annual report

Please find page 24 of the 2007 Raytheon annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 134

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134

23
Network Centric Systems (NCS), with 2007 sales of
$4.2 billion, is a leading provider of networked systems
and net-centric integration to military, federal and
civil customers worldwide. In 2007, NCS achieved
signifi cant increases in sales, operating profi ts and
return on invested capital while fi nishing the year
with a backlog of $5.1 billion.
These business results refl ect strength across all NCS
product lines. In particular, continued high demand
for netted reconnaissance and fi re control systems in
response to the war in Iraq and Afghanistan was a major
factor in NCS’s performance. During the year, NCS was
selected as the mission systems integrator for the
Navy Multiband Terminal program, which has
a combined potential value over its lifetime in excess
of $1.0 billion for development and production, which
helped solidify Raytheon’s market position in satellite
communications. Additionally, program wins in
command and control systems continue to highlight
the business’s integration capability.
NCS also made signifi cant progress in developing
its security and transportation solutions product line.
Opportunities in these adjacent markets are expected
to drive future growth, both domestically
and internationally.
Network Centric Systems
Colin Schottlaender, President
Photo: Open Road Tolling (ORT)