Raytheon consolidates businesses and announces key executive roles
Raytheon Company announced that it is consolidating its businesses to streamline operations, increase productivity and achieve stronger alignment with its customers’ priorities. The Raytheon Company structure will consist of four businesses: Intelligence, Information and Services, resulting from the combination of the Intelligence and Information Systems and Raytheon Technical Services businesses; and the Integrated Defense Systems, Missile Systems, and Space and Airborne Systems businesses, each of which will be expanded by the realignment of the former Network Centric Systems business operations. This new structure is effective April 1, 2013.
Additionally, Raytheon’s Board of Directors has elected Dr. Thomas A. Kennedy to the new position of Executive Vice President, Chief Operating Officer. Kennedy previously served as Vice President, Raytheon Company, and President of Integrated Defense Systems.
Daniel J. Crowley has been named President, Raytheon Integrated Defense Systems (IDS), succeeding Kennedy. Headquartered in Tewksbury, Massacheusetts, IDS will now include two new product lines: C4I Systems and air traffic management. The expanded business had annual external sales1 of approximately $6 billion in 2012.
Lynn A. Dugle has been named President of the newly-formed Raytheon Intelligence, Information and Services (IIS) business. John D. Harris II, formerly President of Raytheon Technical Services Company LLC (RTSC), has been named Vice President and General Manager of the new business, reporting to Dugle. IIS combines the operations of the former Intelligence and Information Systems business, based in Garland, Texas, and RTSC, based in Dulles, Virginia. The combined business had annual external sales of approximately $5.5 billion in 2012.
Dr Taylor W. Lawrence continues to lead Raytheon’s Missile Systems (RMS) business based in Tucson, Arizona. The expanded business will now include Combat & Sensing Systems, along with Raytheon UK. The combined business had annual external sales1 of approximately $6.5 billion in 2012.
Richard R. Yuse continues to lead Raytheon’s Space and Airborne Systems (SAS) business based in El Segundo, California. The expanded business, with 2012 annual external sales1 of approximately $6 billion, will now include Integrated Communication Systems and Advanced Programmes.