Raytheon Technologies is an American company that operated as an aerospace manufacturer before merging with other companies.
Previously known as Raytheon Aircraft Company (RAC), today this company specializes in aerospace, space, and defense systems. It’s a true Swiss army knife of aviation.
AEROAFFAIRES presents the history of this company that manufactured, for business aviation, the Raytheon Premier private jet.
Raytheon today:
Some figures:
Raytheon technology includes some key figures:
– 67,500 employees
– 46 countries host a Raytheon subsidiary
– 7,000 military aircraft in circulation
– 11,000 commercial aircraft
A committed company:
The aircraft manufacturer Raytheon Technologies focuses its strategy around strong pillars:
– diversity within the workforce
– employee commitment
– diversity in supplier selection
At the climatic level, the company is committed to the planet. With its size, it considers its weight to be a strength in the fight against climate change.
The company claims to support group action related to air transport. Thus, Raytheon Technologies commits to reducing its greenhouse gas emissions by 50% by 2050.
To achieve this, the aircraft manufacturer is implementing:
– hybrid electric propulsion devices
– the use of SAF, sustainable fuels that are better for the planet.
– optimization of routes and operations
– hydrogen-powered aircraft.
The values of the company Raytheon Technologies:
The aerospace manufacturer Raytheon Technologies is particularly proud of the 5 core values that the company upholds:
– Trust
– Respect
– Collaboration
– Innovation
– Responsibility
The history of Raytheon in the 1990s:
1993: The Raytheon Company is founded in Massachusetts, USA. It was created after the acquisition of British Aerospace. Furthermore, the following year in 1994, two companies, Beech Aircraft and Raytheon Corporate Jets, merged. From this merger was born: Raytheon Aircraft Company (RAC). The RAC then manages the maintenance, upkeep, and marketing of business jets for the business and private aviation market, as well as for commercial and military aviation.
1995: The U.S. Air Force uses a military aircraft manufactured by Raytheon, named T-6A Texan II. It performs its first flight in 1998.
1995: In parallel to the aircraft created for the military, Raytheon manufactures its light business jet: the Raytheon Premier. It is the only business aircraft exclusive to Raytheon. The company will notably partner with Beechcraft in the design of aircraft. Together they manufacture business jets such as the Hawker 800XP and the King Air B200.
1998: The Raytheon Premier makes its first flight lasting exactly 62 minutes. Its goal, afterwards, is to obtain certification to operate in business aviation.
The history of the aerospace manufacturer Raytheon Technologies in the 2000s.
2001: The Raytheon Premier obtains certification. It becomes the main private jet with a fuselage made of composite materials. This jet is closely followed by another business aircraft manufactured by the company, the Hawker Horizon. Similarly, this mid-size aircraft has a fuselage made of composite materials.
2003: Raytheon offers avionics systems, particularly for models of the King Air range.
2004: It’s the anniversary of 40 years of the Beechcraft King Air. This model is indeed very private in business aviation. Today the range of King Air private aircraft remains robust and reliable. That same year Raytheon delivers its 100th Raytheon Premier private jet. Furthermore, Raytheon creates new systems in the field of avionics. That year, it installs a Garmin G1000 system in several of the company’s jets.
2005: After announcing the arrival of several aircraft on the market, Raytheon Aviation equips its new King Air C90GT jet with new Pratt and Whitney engines. These enhance the private jet’s speed and allow aircraft to reduce their takeoff distances.
2006: The Hawker 4000 announced the previous year by the aerospace company obtains its certification. To this day, it remains a very competitive aircraft as it is fuel-efficient and capable of making transatlantic flights without intermediate stops.
That year, the RAC has hundreds of authorized service points around the globe and brings together no less than 8,500 employees.
2007: Raytheon Aircraft Company loses its name and becomes, through the merger of other structures, Hawker Beechcraft Corporation. This company will become one of the most reliable businesses in business aviation.
To learn more, visit the aerospace manufacturer Beechcraft’s page.
From Raytheon to Raytheon Technologies:
An industrial merger.
In 2020, the company Raytheon merges with the industrial group United Technologies. The name Raytheon Technologies then appears.
The company’s CEO, since 2020, is Gregory J. Hayes. Today, the company is part of the large industries in the aerospace sector, just like Dassault, for example.
While the company no longer operates directly in the manufacturing of aircraft, it notably produces many spare parts, Pratt & Whitney engines, and materials and technologies particularly for air combat and defense, among others for fighter jets.
Finally, the company today has several subsidiaries from which the plurality of its actions derives. This American company connects Raytheon technologies, Pratt & Whitney, Collins Aerospace, as well as Raytheon Intelligence & Space and Raytheon Missiles & Defense.
A context.
The numerous acquisitions and mergers related to Raytheon show several things.
The strengths of capital have allowed the company to grow, expand, and have a sustainable vision for the future.
This strength, Raytheon has drawn from its constant innovation. Its powerful embedded systems, combined with strong leadership, have allowed aerospace manufacturer Raytheon Technologies to take advantage of the best in aviation.
Thus, the aerospace equipment manufacturer has multiple strings to its bow. These allow it to reinvent itself more easily and seize market opportunities that arise.
The Raytheon Premier private jet.
It was in 2001 that Raytheon announced the arrival of its business jet, the Raytheon Premier.
This is a light, fast, and spacious private jet. Made with composite materials, this private jet is lighter and therefore more fuel-efficient. This makes it a device with a very good quality-price ratio, which is a significant advantage in the business aviation market.
The interior is all comfort, with notably wide and reclining leather seats. This model of business jet can accommodate up to 6 passengers on a journey of 2,100 km.
For example, for European flights from Paris to Ibiza: from €13,000. From Nice to London: from €13,000.
For equivalent private jets: Learjet 60, Citation CJ2.
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