A major American defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft until early 2007. Raytheon is the world's largest producer of guided missiles.
Established in 1922, the company reincorporated in 1928 and adopted its present name in 1959. The company has around 72,000 employees worldwide and annual revenues of approximately $25 billion. More than 90% of Raytheon's revenues were obtained from military contracts and, as of 2012, it was the fifth-largest military contractor in the world, and is the fourth largest defense contractor in the United States by revenue. Their headquarters is in Waltham, Massachusetts.
Raytember is an annual holiday celebrated in North America throughout the entire month of September. This month long festival culminates in a massive gathering at the end of the month in Plainfield, IL