Raytheon Co. (NYSE:RTN) | Research (R&D) Spending

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Research & Development

Raytheon conducts extensive research and development activities to continually enhance its existing products and services and develop new products and services to meet their customers' changing needs and requirements and address new market opportunities.

In the years from 2008 to 2014, Raytheon spent the following on R&D activities (company-funded):
2014: $500 million, or 2.2% of total revenues.
2013: $465 million, or 2.0% of total revenues.
2012: $704 million, or 2.9% of total revenues.
2011: $625 million, or 2.5% of total revenues.
2010: $625 million, or 2.5% of total revenues.
2009: $565 million, or 2.3% of total revenues.
2008: $517 million, or 2.2% of total revenues.

These expenditures principally have been for product development for the U.S. Government, including bid and proposal efforts related to U.S. Government programs. Raytheon also conducts funded research and development activities under U.S. Government contracts which are included in net sales.

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