Are you interested in discovering the secret behind the success of Raytheon and how the company operates?
This renowned American industrial corporation has been operating for a century and focuses on manufacturing aerospace and defense systems. The company is perhaps best known for its missile defense systems, although it also designs and creates other types of defense systems.
Even though the company has been involved in many controversial projects over the years, they have an excellent reputation. Raytheon’s commitment to doing the right thing can be seen through its mission and vision statements, and core values.
So, let’s conduct an in-depth Raytheon mission and vision statement analysis to find out more about this fascinating company.
- Company Overview
- Raytheon Mission Statement
- Raytheon Vision Statement
- Core Values
- More About Raytheon and Aeronautics!
- Final Thoughts
Raytheon Technologies Corporation was founded in 1922 by Vannevar Bush, Laurence K. Marshall, and Charles G. Smith. One of the engineers used static parts and compressed gases to develop an innovative noise-free refrigeration method. The engineers went on to innovate other types of technology, such as vacuum tubes and missiles.
During World War II, Raytheon turned its attention to defense. The company was put in charge of developing a special microwave radar power tube, which was called British magnetron. In 1941, the company began manufacturing radars for naval ships and has been affiliated with the defense industry ever since.
Read more: 3M Mission and Vision Statement Analysis
Moving into missiles and outer space!
The company has been involved in a large number of important defense projects over the years. These include creating missile systems for the United States’ Gemini, Mercury, and Apollo space programs. The company also played a key role in developing the Patriot anti-missile system.
In 1980, Raytheon acquired Beech Aircraft, which was followed by the acquisition of the British Aerospace corporate jet unit. Since then, Raytheon has played a prominent role in aerospace. Raytheon has become one of the most well-known defense contractors in the world. Today, Raytheon remains a public company and employs more than 70,000 people worldwide.
Raytheon Mission Statement
Raytheon’s mission statement is ‘to be the most admired defense and aerospace systems supplier through world-class people and technology.’ This simple mission statement presents what the company does and its values.
It reveals the company’s drive to utilize its technologies and highly qualified personnel to revolutionize aerospace systems and defense systems.
What Raytheon does?
The beginning of the mission statement introduces the company’s sector of operation. Defense and Aerospace systems supplies are highlighted in this mission statement. This shows that the company has a clear identity that it presents to the world.
What Raytheon wants to achieve?
The mission statement makes it very clear what the company is striving to achieve. The company seeks to become the most admired corporation within its sectors. It is important to note that the company uses the word admired rather than successful. This gives an important insight into the values of the company and how it operates.
Raytheon makes it clear in the mission statement how it goes about achieving its goals. This is through the company’s world-class employees and technology. This reveals the company’s commitment to employing the best people in their field to create innovative technology.
Through the mission statement, clients and potential clients can gain a clear understanding of the company’s goals. This clear mission statement has helped the company gain military customers in numerous countries. Raytheon also serves commercial clients in more than a hundred countries around the world.
Raytheon Vision Statement
The company’s vision statement is ‘one global team creating trusted, innovative solutions to make the world a safer place.’ Like the mission statement, the company’s vision statement highlights the commitment to excellence. Rather than creating technologies for combat, the focus is on making the world a safer place.
Raytheon has managed to pack a lot of information into a short and clear vision statement. This allows people to create a clear image of what Raytheon stands for. The main driving forces are maintaining high standards to be admired. The vision statement can be broken down into a number of elements that reveal how the company operates.
One global team
The creation of global teams that share skills and knowledge makes it possible to utilize the best technology and applications. Raytheon collaborates with specialists all over the world who add different insights and expertise. This has helped the company to stay at the top of its game and offer the most innovative products and solutions.
This part of the vision statement recognizes the value of being trusted by clients all around the world. This commitment to trust is one of the key driving forces of the company. Not only are employees expected to do their best, but they must also act with integrity at all times.
Clients all around the world turn to Raytheon for innovative technology to solve modern problems. Simply providing excellent products is not enough to remain on top. The company is also committed to constantly developing new technologies that provide improved and safer solutions.
The core values of Raytheon are trust, collaboration, respect, innovation, and accountability. These values drive and influence every action that the company takes across all areas of the enterprise. All employees are expected to embrace these to help create a safer and more connected world.
Raytheon is committed to acting with integrity at all times. Clients can trust the company to do the right thing when creating missiles and other technologies. This commitment to behaving ethically has helped the company to thrive over the last century.
Raytheon encourages all employees to work as a team, share their insights, and learn together. The company runs special team building and training programs throughout the year to highlight this. This helps to make sure that Raytheon boasts a nurturing and productive working environment.
Employees of all levels are actively encouraged to share their opinions and ideas. Raytheon is committed to making sure that all employees are treated with respect at all times. This helps to instill a harmonious working environment where diverse perspectives are shared and embraced.
Raytheon offers cutting-edge, innovative, and leading technologies that focus on safety. The company is constantly experimenting with new methods of designing and improving existing technology. They also design new technologies that help improve certain aspects of the sectors they work in.
Raytheon is known for being very reliable. Clients can be sure that the company will honor its commitments and deliver what it promises. Employees are expected to take pride in their work and deliver excellence at all times.
More About Raytheon and Aeronautics!
We found a few insightful books on the making of Raytheon, such as the Raytheon Company: The First Sixty Years, or try The Creative Ordeal: The Story of Raytheon, the Turboprop Commuters: ATR, BAe Jetstream, Bombardier DHC, Fairchild Dornier, Fokker, EMBRAER, Raytheon Aircraft, SAAB (Osprey Civil Aircraft) for you to choose from.
If you love aeronautical history, then take a look at One Giant Leap: The Impossible Mission That Flew Us to the Moon, or the intriguing Failure Is Not an Option: Mission Control from Mercury to Apollo 13 and Beyond, the Stennis Space Center, and Project Gemini: A Bold Leap Forward all available online in 2023.
Lastly, why not check out my engineering job descriptions, such as my Biomedical Engineer Job Description, Civil Engineer Job Description, and my Environmental Engineer Job Description, along with my Network Engineer Job Description and my Mechatronics Engineer Job Description to see what they entail.
In just over a hundred years, Raytheon has risen to become one of the world’s most popular defense contractors. The company is trusted by the governments of many countries to develop innovative defense systems. This includes the United States, the United Kingdom, New Zealand, Canada, and Australia.
The secret behind the company’s success can be seen in its vision and mission statements. Rather than focusing on being successful and making a profit, Raytheon focuses on developing the most innovative technologies and systems.
Raytheon operates with honesty and integrity, which helps governments and corporations around the world have faith in their products.
Good luck and all the best with your new career at Raytheon!
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