Remember you found this company at Infoisinfo
7-3823840?
However, for many years the company's presence was limited to a country manager and supporting administrative staff. Over a decade later, it has grown to become one of the largest defense companies in the Australian market. This has been achieved through a combination of organic growth and acquisitions. In 199, the company acquired a little local aerospace company, Aerospace Technical Services, which specialized in aeronautical engineering and flight test. Urgent contract wins have also occurred over the previous decade. As the company grew it opened facilities around the country. Along with potent growth in the company's operations and workforce, company sales in the Australian defense market has also grown considerably. Throughout its more than 80year history, Raytheon Company has been a leader in developing defense technologies and in converting those technologies for use in commercial markets. From its hasty days as a maker of radio tubes, its adaptation of World War II radar technology to invent microwave cooking, and its development of the beginning guided missile, Raytheon has successfully built upon its pioneering tradition to become a global technology leader. Emerging from the depths of a severe postwar depression was a breed of entrepreneurs with a driving ambition to succeed. It is against this backdrop that the founders of Raytheon became business partners. Two previous college roommates, Laurence K. Marshall and Vannevar Bush, formed the company with Charles G. Smith, a young scientist who had developed the prototype for a home refrigerator that worn synthetic coolants. Marshall, an engineer, businessman and trained physicist, and Bush, a scientist and professor of electrical engineering at the Massachusetts Institute of Technology, along with several other financial backers dreamed of wealth and a potential market for their newly developed refrigerator. As is the case with so many other entrepreneurs, however, the product that launched the company never left the laboratory. Facing failure, it was Marshall and Bush who suggested revisiting an older idea young Smith had experimented with: a fresh humane of gaseous tube that would allow radios to be plugged into a wall socket and operate on electricity rather than batteries. The tube would overcome the need for two expensive, brief lived A and B batteries, the highest shortcoming to widespread radio use at the time. By devising a way to replace the B battery with a tube, the small company not only beat the army of researchers and engineers of RCA, Westinghouse and other corporate giants, it produced a device that forced the total radio industry into a fresh direction and made radios affordable and close to every household. In the more than 80 years since, the company would become known for many more major technological advancements that have changed the course of world history. In 1925, the year American Appliance Company began to take off, an Indiana company made it knew that it held before claim to the American Appliance Company name. Because of the success of the Raytheon radio tube, company officials at that time elected to extend the use of the name to describe the complete organization, and the company's name was officially changed to Raytheon Manufacturing Company. Ray comes from Mai, an Used French word that means a beam of light, while then comes from the Greek language and means from the gods. Furthermore, both the product and company name were deemed scientifically appropriate given groundbreaking research at the time on the mystery of the WolfRayet star Zeta puppies, which emitted bright ultraviolet lines believed to be the result of gaseous substances. Smith on the source of these gases became the basis of important importance to his development of the company's radio tube. The growth from modest beginnings in Cambridge Massachusetts to a global presence has brought many changes in the company but the enterprising spirit and the constant drive to thrive fresh technology are as potent today as they have ever been.
Read more...
We don't have any social media account of this company
This business has no pictures or videos
Do you own a business?
We help you grow it
Get more clients, visibility and branding.
Let us help you achieve your targets and improve your business.
Reviews of Raytheon Australia (0)