Raytheon Technologies Corporation
Overview
Founded in 1922 and headquartered in Waltham, Massachusetts, Raytheon Technologies serves customers in the commercial aerospace and defense industries. Currently located in 330 US states and 28 countries, they make approximately $16B in annual revenue. Raytheon aims to push the limits of known science and redefine how they are connected to the world by bringing together innovative minds across aviation, space and defense. Their behavior, actions, and performance are driven by their key values of trust, collaboration, respect, innovation, and accountability.
Raytheon is a key player in Qatar’s military player and exports a variety of military and security equipment to the country. In 2019, Raytheon was awarded two contracts worth approximately $2.2 billion by Qatar for integrated air and missile defense capability. In 2020, they were awarded a $77.6M contract from the US Air Force for a Qatar Air Ops Center modernization project.
Raytheon is committed to supporting community development and inspiring innovative culture among students and young people. They are a founding member and have continued investing in the Alabama School of Cyber Technology and Engineering, a training ground for students considering STEM careers. Raytheon was also a gold sponsor for the 2021 US Paralympics Cycling Open and often invest in programs that help veterans and their families.
Raytheon Technologies, Inc. is part of the US-Qatar Business Council’s Board of Directors.