COVID Stimulus Watch Individual Entry
Recipient Company:
RAYTHEON COMPANY
Contract Amount:
$8,253,756
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: RTX)
Facility Street Address: 2000 E EL SEGUNDO BLVD
Facility City: EL SEGUNDO
Facility State: CA
Facility Zip Code: 902454501
Facility Congressional District: CA-33
Facility NAICS Code: 541330 : Engineering Services
Award Details
Award Date: Apr 8, 2016
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: R&D- DEFENSE SYSTEM: ELECTRONICS/COMMUNICATION EQUIPMENT (ADVANCED DEVELOPMENT)
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Defense Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: Raytheon Technologies
Headquartered in: Massachusetts
Parent Sector: aerospace and military contracting
Parent Industry: aerospace & military contracting
Employees (prior to pandemic): 243,200
Accountability Issues Since 2010
Employment-related Penalties: $8,908,190
Government-contracting-related Penalties: $12,991,415
Environmental / Healthcare / Safety Penalties: $374,946
Consumer Protection / Financial / Competition-related Penalties: $151,900,000
Ratio of CEO Pay to that of Median Worker: 282 to 1
CEO Compensation: $19,478,590
Worker Median Pay: $76,417
Total Federal, State, and Local Subsidies: $1,812,657,480
Federal Corporate Income Tax Rate: 8.3%
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues