Raytheon: Difference between revisions

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 During the post-war years, Raytheon also made generally low- to medium-powered radio and television [[transmitter]]s and related equipment for the commercial market, but the high-powered market was solidly in the hands of larger, better-financed competitors such as [[Continental Electronics]], [[General Electric]] and [[RCA|Radio Corporation of America]].
-In 1946, the company expanded its electronics capability through acquisitions that included the Submarine Signal Company (founded in 1901), a leading manufacturer of maritime safety equipment. With its broadened capabilities, Raytheon developed the first [[guidance system]] for a missile that could intercept a flying target. In 1948, [[Charles Francis Adams IV]] was appointed president of the company and served until 1960. In 1948, Raytheon began to manufacture [[guided missile]]s. In 1950, its [[SAM-N-2 Lark|Lark]] became the first such missile to destroy a target aircraft in flight. Raytheon then received military contracts to develop the air-to-air [[AIM-7 Sparrow|Sparrow]] and ground-to-air [[MIM-23 Hawk|Hawk]] missiles, projects that received impetus from the [[Korean War]]. In later decades, it remained a major producer of missiles, such as the [[Patriot antimissile missile]] and the air-to-air [[Phoenix missile]].
+In 1946, the company expanded its electronics capability through acquisitions that included the Submarine Signal Company (founded in 1901), a leading manufacturer of maritime safety equipment. With its broadened capabilities, Raytheon developed the first [[guidance system]] for a missile that could intercept a flying target. In 1948, [[Charles Francis Adams IV]] was appointed president of the company and served until 1960. In 1948, Raytheon began to manufacture [[guided missile]]s. In 1950, its [[SAM-N-2 Lark|Lark]] became the first such missile to destroy a target aircraft in flight. Raytheon then received military contracts to develop the air-to-air [[AIM-7 Sparrow|Sparrow]] and ground-to-air [[MIM-23 Hawk|Hawk]] missiles, projects that received impetus from the Korean War. In later decades, it remained a major producer of missiles, such as the [[Patriot antimissile missile]] and the air-to-air [[Phoenix missile]].
 Raytheon made a foray into computers, producing the [[RAYDAC]] computer for the U.S. Navy which became operational in 1953. "Unfortunately, the machine was technically obsolete by the time it was operational."{{citation needed|date=September 2022}} Also in 1953, the company began work on a follow-on, the RAYCOM, which was never completed.<ref name="Flamm">{{cite book |last1=Flamm |first1=Kenneth |title=Creating the Computer: Government, Industry and High Technology |date=2010 |publisher=Brookings Institution Press |isbn=978-0-8157-2850-4 |url=https://archive.org/details/creatingcomputer0000flam |url-access=registration |page=[https://archive.org/details/creatingcomputer0000flam/page/113 113] |access-date=Aug 21, 2019}}</ref> In 1954, it entered into a joint venture with [[Honeywell]] to form the Datamatic corporation. However it sold its interest to Honeywell a year later, before introduction of the [[DATAmatic 1000]] system.