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Raytheon Corporate Office

The Raytheon Company was founded in 1922 by engineers Laurence K. Marshall and Vannevar Bush, and the scientist Charles G. Smith as the American Appliance Company in Massachusetts. The company originally focused on refrigeration technology but soon changed to electronics.

The company’s first product was a radio-receiver power supply that made it possible to convert household alternating current to direct current and thus eliminate the need for batteries. This invention was called Raytheon, meaning light of/from the gods.

In 1925 the company changed its name to Raytheon and marketed the product with the same name, to great commercial success.

During World War II Raytheon received a contract from the U.S. Government to manufacture a device that improved the capability of radar to detect enemy aircraft.

In the research for this device, the potential of microwaves to cook food was discovered and the company manufactured the first microwave oven in 1947.

In 1961 Raytheon merged with A.C. Cosser, a British electronics company.

In 1980 the company acquired Beech Aircraft Corporation, a leading manufacturer of general aviation aircraft.

In the 1990’s Raytheon expanded further in the defense electronics field through numerous acquisitions.

Today Raytheon is a major defense contractor that has a manufacturing concentration in weapons, and military and commercial electronics. Raytheon is the world’s largest producer of guided missiles.

Raytheon has 68,000 employees worldwide and had $24.857 in revenue in 2012.

The Raytheon Company

The Raytheon Company was founded in 1922 by engineers Laurence K. Marshall and Vannevar Bush, and the scientist Charles G. Smith as the American Appliance Company in Massachusetts. The company originally focused on refrigeration technology but soon changed to electronics.

The company’s first product was a radio-receiver power supply that made it possible to convert household alternating current to direct current and thus eliminate the need for batteries. This invention was called Raytheon, meaning light of/from the gods.

In 1925 the company changed its name to Raytheon and marketed the product with the same name, to great commercial success.

History

During World War II Raytheon received a contract from the U.S. Government to manufacture a device that improved the capability of radar to detect enemy aircraft.

In the research for this device, the potential of microwaves to cook food was discovered and the company manufactured the first microwave oven in 1947.

In 1961 Raytheon merged with A.C. Cosser, a British electronics company.

In 1980 the company acquired Beech Aircraft Corporation, a leading manufacturer of general aviation aircraft.

In the 1990’s Raytheon expanded further in the defense electronics field through numerous acquisitions.

Today Raytheon is a major defense contractor that has a manufacturing concentration in weapons, and military and commercial electronics. Raytheon is the world’s largest producer of guided missiles.

Raytheon has 68,000 employees worldwide and had $24.857 in revenue in 2012.

Northrop Grumman Corporate Office

Northrop Grumman was formed by the 1994 purchase of Grumman by Northrop. 

Northrop was founded in 1939 by Jack Northrop as Northrop Corporation in the airplane manufacturing industry.

Grumman Aircraft Engineering Corporation was founded in 1929. The company later became famous for building the Apollo Lunar Module.

Northrop Grumman acquired Westinghouse Electronic Systems, a major manufacturer of radar systems, in 1996. The company acquired Logicon, a defense computer contractor, in 1997.

Northrop Grumman and Lockheed Martin were set to merge in 1998 but the merger was blocked by the U.S. Government on anti-trust grounds.

The company continued to grow through acquisitions, notably Teledyne Ryan, which developed surveillance systems in 1999, Litton Industries, a shipbuilder and a provider of defense electronic systems to the U.S. Navy, and and Newport News Shipbuilding Company, both in 2001.

In 2013 Northrop Grumman won a contract to support the U.S. Air Force’s next generation air combat virtual training network.

Today Northrop Grumman is a global aerospace and defense technology company. The company has 68,000 employees and had revenue of $25.218 billion in 2012.

 

Northrop Grumman Corporation

Northrop Grumman was formed by the 1994 purchase of Grumman by Northrop. 

Northrop was founded in 1939 by Jack Northrop as Northrop Corporation in the airplane manufacturing industry.

Grumman Aircraft Engineering Corporation was founded in 1929. The company later became famous for building the Apollo Lunar Module.

History

Northrop Grumman acquired Westinghouse Electronic Systems, a major manufacturer of radar systems, in 1996. The company acquired Logicon, a defense computer contractor, in 1997.

Northrop Grumman and Lockheed Martin were set to merge in 1998 but the merger was blocked by the U.S. Government on anti-trust grounds.

The company continued to grow through acquisitions, notably Teledyne Ryan, which developed surveillance systems in 1999, Litton Industries, a shipbuilder and a provider of defense electronic systems to the U.S. Navy, and and Newport News Shipbuilding Company, both in 2001.

In 2013 Northrop Grumman won a contract to support the U.S. Air Force’s next generation air combat virtual training network.

Today Northrop Grumman is a global aerospace and defense technology company. The company has 68,000 employees and had revenue of $25.218 billion in 2012.

 

Tech Data Corporate Office

Tech Data Corporation was founded by Edward Raymund in 1974 to market computer supplies to large institutions in central Florida. The company’s customers were end-users.

In the 1980’s Tech Data decided to expand into the personal computer market. Edward Raymund’s son Steven began to work as the Operations Manager and radically changed the company strategy. He concentrated on building up a force of telemarketers and began to aggressively court computer dealers in addition to end-users.

By 1984 the company was focusing exclusively on wholesale distribution. In 1986 Tech Data went public.

By 1991 Tech Data was one of the five largest computer distributors in the United States.

In 1993 Tech Data began to expand internationally through a Miami office designed to market to Latin America.

Today Tech Data is one of the world’s largest distributors of IT products and services. The company serves more than 100 countries, is ranked 119 on the Fortune 500, has 9,000 employees worldwide, and had $26 billion in revenue in 2012.

Tech Data Corporation

Tech Data Corporation was founded by Edward Raymund in 1974 to market computer supplies to large institutions in central Florida. The company’s customers were end-users.

In the 1980’s Tech Data decided to expand into the personal computer market. Edward Raymund’s son Steven began to work as the Operations Manager and radically changed the company strategy. He concentrated on building up a force of telemarketers and began to aggressively court computer dealers in addition to end-users.

By 1984 the company was focusing exclusively on wholesale distribution. In 1986 Tech Data went public.

History

By 1991 Tech Data was one of the five largest computer distributors in the United States.

In 1993 Tech Data began to expand internationally through a Miami office designed to market to Latin America.

Today Tech Data is one of the world’s largest distributors of IT products and services. The company serves more than 100 countries, is ranked 119 on the Fortune 500, has 9,000 employees worldwide, and had $26 billion in revenue in 2012.

Aflac Corporate Office

Aflac Incorporated was founded by brothers John, Paul, and William Amos in Columbus, Georgia in 1955 as American Family Life Insurance Company of Columbus. The company signed 6,000 policyholders within the first year.

The company pioneered cancer insurance in 1958. This supplemental insurance was designed to cover expenses not covered by traditional insurance, including travel and loss of income.

In 1964 the company decided to focus on sales through the workplace, eventually through policies sponsored by employers and funded through payroll deductions. The same year the company changed its name to American Family Life Assurance Company of Columbus (AFLAC).

By 1971 Aflac was operating in 42 states.

In the 1970’s Aflac expanded to Japan.

In the 1980’s the company diversified into television and radio stations.

By the end of the 1990’s Aflac controlled more than $37 billion in assets and total yearly sales topped $8 billion.

Today Aflac is the largest provider of supplemental insurance in the United States. It is the largest life insurer in Japan and insures one in four Japanese households. Aflac has 8,000 employees worldwide and had $22.171 billion in revenue in 2011.

 

Aflac Incorporated

Aflac Incorporated was founded by brothers John, Paul, and William Amos in Columbus, Georgia in 1955 as American Family Life Insurance Company of Columbus. The company signed 6,000 policyholders within the first year.

The company pioneered cancer insurance in 1958. This supplemental insurance was designed to cover expenses not covered by traditional insurance, including travel and loss of income.

In 1964 the company decided to focus on sales through the workplace, eventually through policies sponsored by employers and funded through payroll deductions. The same year the company changed its name to American Family Life Assurance Company of Columbus (AFLAC).

History

By 1971 Aflac was operating in 42 states.

In the 1970’s Aflac expanded to Japan.

In the 1980’s the company diversified into television and radio stations.

By the end of the 1990’s Aflac controlled more than $37 billion in assets and total yearly sales topped $8 billion.

Today Aflac is the largest provider of supplemental insurance in the United States. It is the largest life insurer in Japan and insures one in four Japanese households. Aflac has 8,000 employees worldwide and had $22.171 billion in revenue in 2011.

 

Avnet Corporate Office

Avnet was founded in 1921 by Charles Avnet, a Russian immigrant, when he began buying surplus radio parts and reselling them. During the Great Depression, he shifted from retail to wholesale.

In the early 1930’s Avnet began to manufacture car antennas and car radio kits. During World War II Charles Avnet and his son, Lester Avnet, established Avnet Electronic Supply.

In 1960 Avnet acquired British Industries Corporation and went public on the New York Stock Exchange. That year Avnet reached $1 million in net income.

By 1975 the company had earnings of $35 million, and in 1979 reached $1 billion in earnings.

In 1993 Avnet acquired a rival distributor, Hall-Mark Electronics Corporation, for $344.6 million.

During the 1990’s Avnet expanded to Europe through several acquisitions of European companies.

Today Avnet is the world’s largest franchised distributor of electronic components and subsystems. The company has a presence in more than 50 countries,  has almost 20,000 employees worldwide, and had $25.7 billion in revenue in 2012.

Avnet, Inc.

Avnet was founded in 1921 by Charles Avnet, a Russian immigrant, when he began buying surplus radio parts and reselling them. During the Great Depression, he shifted from retail to wholesale.

In the early 1930’s Avnet began to manufacture car antennas and car radio kits. During World War II Charles Avnet and his son, Lester Avnet, established Avnet Electronic Supply.

In 1960 Avnet acquired British Industries Corporation and went public on the New York Stock Exchange. That year Avnet reached $1 million in net income.

History

By 1975 the company had earnings of $35 million, and in 1979 reached $1 billion in earnings.

In 1993 Avnet acquired a rival distributor, Hall-Mark Electronics Corporation, for $344.6 million.

During the 1990’s Avnet expanded to Europe through several acquisitions of European companies.

Today Avnet is the world’s largest franchised distributor of electronic components and subsystems. The company has a presence in more than 50 countries,  has almost 20,000 employees worldwide, and had $25.7 billion in revenue in 2012.