Raytheon 2010 Annual Report Download - page 119

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
Missile Systems (MS) is a premier developer and producer of missile systems for the armed forces of the U.S. and other
allied nations. Leveraging its key capabilities in advanced airframes, guidance and navigation systems, high-resolution
sensors, targeting, and netted systems, MS develops and supports a broad range of cutting-edge weapon systems,
including missiles, smart munitions, close-in weapon systems, projectiles, kinetic kill vehicles and directed energy
effectors.
Network Centric Systems (NCS) is a leading provider of net-centric mission solutions for federal, state and local
government and civil customers. NCS leverages its capabilities in networking, sensors, command and control, and
communications to develop and produce solutions for customers in key markets such as U.S. Army modernization,
international and domestic homeland security, civil communications, and transportation solutions.
Space and Airborne Systems (SAS) is a leader in the design and development of integrated systems and solutions for
advanced missions, including traditional and non-traditional intelligence, surveillance and reconnaissance (ISR),
precision engagement, unmanned aerial operations and space. Leveraging advanced concepts, state-of-the-art
technologies and mission systems knowledge, SAS provides electro-optical/infrared sensors, airborne radars for
surveillance and fire control applications, lasers, precision guidance systems, processors, electronic warfare systems and
space-qualified systems for civil and military applications.
Technical Services (TS) provides a full spectrum of technical, scientific and professional services to defense, federal,
international and commercial customers worldwide. It specializes in training, logistics, engineering services and solutions,
product support and operational support services. TS provides solutions for mission support, homeland security, space,
civil aviation, counterproliferation and counterterrorism markets.
Segment total net sales and operating income generally include intersegment sales and profit recorded at cost plus a
specified fee, which may differ from what the selling entity would be able to obtain on sales to external customers.
Corporate and Eliminations includes corporate expenses and intersegment sales and profit eliminations. Corporate
expenses represent unallocated costs and certain other corporate costs not considered part of management’s evaluation of
reportable segment operating performance, including the net costs associated with our residual turbo-prop commuter
aircraft portfolio.
Segment financial results were as follows:
Total Net Sales (In millions) 2010 2009 2008
Integrated Defense Systems $ 5,470 $ 5,525 $ 5,148
Intelligence and Information Systems 2,757 3,204 3,132
Missile Systems 5,732 5,561 5,408
Network Centric Systems 4,918 4,822 4,510
Space and Airborne Systems 4,830 4,582 4,280
Technical Services 3,472 3,161 2,601
Corporate and Eliminations (1,996) (1,974) (1,905)
Total $25,183 $24,881 $23,174
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