Raytheon CEO debuts on list of influential contractors

CEO Kennedy, Raytheon IIS President Wajsgras named to 2017 Wash100

Raytheon Chairman and CEO Thomas A. Kennedy (right) and Raytheon IIS President Dave Wajsgras

Executive Mosaic has named Raytheon Chairman and CEO Thomas A. Kennedy (right) and Raytheon IIS President Dave Wajsgras to the 2017 Wash100 list of influential government contracting voices.

Virginia-based media company Executive Mosaic has named Thomas A. Kennedy, chairman and CEO of Raytheon Company, and Dave Wajsgras, president of Raytheon’s Intelligence, Information and Services business, to its annual Wash100 list of most influential voices in government contracting.

It's Kennedy's first appearance on the list. Wajsgras is making his third consecutive appearance.

“Raytheon generated nearly $24 billion in revenue for 2016 to represent a 3-percent increase from the prior year period partly on higher sales to international customers of the company’s Patriot missile defense system and Paveway bombs,” Executive Mosaic reported. “The company’s guidance for 2017 has revenue in the range of $24.8 billion-$25.3 billion on expectations of growth in the company’s integrated defense systems, missile systems, space and Forcepoint businesses in 2017.”

Kennedy has led Raytheon since 2014. The company employs a global workforce of 63,000, and reported 2016 revenues of nearly $24 billion.

Wajsgras has led Raytheon's Dulles, Va.-based IIS business since March 2015 after nine years as Raytheon's chief financial officer.

"In February of this year, Raytheon moved to combine its cyber threat hunting, managed security and automation services with Utilidata’s cyber attack detection and response knowledge under a strategic alliance that seeks to help power utilities defend and respond to cyber threats," Executive Mosaic reported.

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Published On: 02/09/2017
Last Updated: 01/11/2018