Raytheon names leaders for consolidated businesses

By Marjorie Censer / October 23, 2019 at 5:19 PM

Raytheon today said Roy Azevedo and Wesley Kremer will lead the Raytheon businesses that will be consolidated as part of the merger with United Technologies.

Azevedo will serve as president of the intelligence, space and airborne systems business, which combines Raytheon's space and airborne systems; intelligence, information and services; and Forcepoint units. The new unit will have 2019 sales of about $15 billion.

Kremer will be president of the integrated defense and missile systems unit, which combines missile systems with integrated defense systems. This business will have 2019 sales of about $16 billion.

"The Raytheon business unit consolidation will be effective upon merger close, which is expected in the first half of 2020," Raytheon said.

Azvedo, who joined Raytheon in 1989, is president of the space and airborne systems unit. Kremer, who joined the company in 2003, is president of the missile systems unit.