Raytheon 2012 Annual Report Download - page 5

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Raytheon’s electronic warfare products have earned a worldwide reputation for perfor-
mance and reliability, and in 2012 we delivered the 700th ALR-67(V)3 radar warning
receiver system to the U.S. Navy, and achieved the seventh year of on-time deliveries.
Looking to the future, we have completed the development and test program for
the ALR-69A all-digital radar warning receiver system for the U.S. Air Force, clearing
the systems for fielding on a variety of platforms, including C-17, AC/MC/C-130 and
F-16 aircraft.
Building on more than 30 years of providing customers with secure information assur-
ance, Raytheon’s advanced cyber capabilities and professionals have driven the growth
of our cyber business. We are committed to delivering cyber resiliency through a
layered defense and are continually enhancing our cyber capabilities to protect against
evolving threats.
In our core C3I market, we are growing our position as a leading provider of strategic
communication terminals to provide secure, protected communications for our custom-
ers’ most sensitive missions. We are producing the Navy Multiband Terminal for the U.S.
Navy, the Secure Mobile Anti-jam Reliable Tactical Terminal for the U.S. Army, and the
Minuteman Minimum Essential Emergency Communications Network program upgrade
for the U.S. Air Force. Additionally, in 2012, we were awarded a $70 million competitive
alternate development contract from the Air Force for the Family of Advanced Beyond
Line of Sight Terminal program that will allow for secure communications between
military aircraft, ground sites and the new higher-data-rate satellites.
Raytheon continues to transform training, and during the year, we grew our world-
class training capabilities in oil and gas safety, healthcare and cybersecurity and, inter-
nationally, in the automotive and telecommunications sectors. Our leadership in the
training market was recognized again in 2012 with our designation as the No. 1 training
outsource provider in HRO Today magazine’s “Baker’s Dozen” in Learning for the fourth
year in a row, and in being named to the 2012 “Top Learning Portal Companies” and
“Top Workforce Development Companies” lists by Training Industry, Inc.
Focused on Continuous Improvement
In today’s challenging and dynamic environment, we are focused on the things we
can control – on continually finding new ways to deliver world-class technology while
reducing costs and improving efficiencies. Our emphasis on continuous improvement is
part of our DNA, and is how we have long managed and run the company.
This strategy builds on the lessons we learned during the 1990s. One of these lessons
was the importance of common systems. Back then, we had work where we did not
need it, and we did not have work where we really needed it. The work load was next to
impossible to balance efficiently. That is why we have focused so much over the last few
years on common business systems, engineering systems and people systems
Scan this QR code
to watch Raytheon
celebrate 60 years on
the NYSE by ringing
the closing bell.
FROM LEFT TO RIGHT:
E. Miyashiro, D. Wilkins, T. Culligan,
P. Wickham, L. Harrington, J. Stephens,
D. Ethridge (NYSE SVP), K. Peden,
W. Swanson, R. Goglia, D. Wajsgras,
T. Kennedy, T. Lawrence, R. Rhoads,
D. Crowley, T. Ernst
NOT P ICTURED :
L. Dugle, J. Harris,
M. Russell, R. Yuse