Raytheon
Raytheon Company () is a major
United States military contractor based in
Waltham, Massachusetts. The company has 80,000 employees worldwide, and annual revenues of approximately
US$ 22 billion. More than 90 percent of Raytheon's revenues are obtained from defense contracts, and as of 2005 it is the fifth largest military contractor in the world.
On May 2, 2006, Raytheon withdrew distribution of the book.
The following day, the company's board of directors announced that "In response to this matter, the Board has decided not to raise Mr. Swanson's salary above its 2005 level, and will reduce the amount ofrestricted stock for which he is eligible in the coming year by 20 percent."
Raytheon contributes to the community in various ways.
