Business Overview
Operating with over 50 years of industry experience, Raytheon has emerged as one of the United States’ foremost defense contractors. The firm is the fifth largest defense contractor in the world and the third largest in the U.S. While most of its revenue comes from U.S. based defense contracts, Raytheon also generates revenue by selling to foreign allies.
In recent years, Raytheon has begun to different its business segments by investing in new and emerging defense technologies beyond its guided missile specialty. Forcepoint, created in 2015, is one such business segment. Its aim is to meet the growing market demand for cyber security products, and has already seen much success in its short lifespan.
Raytheon also enjoys well-protected revenue streams. Porter’s Five Forces, analyzed below, show that perhaps the only real threat comes from the bargaining power of buyers.
