As filed with the Securities and Exchange Commission on June 6, 2016
Registration No. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-3
REGISTRATION STATEMENT
UNDER
THE
SECURITIES ACT OF 1933
RAYTHEON COMPANY
(Exact
name of registrant as specified in its charter)
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Delaware
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95-1778500
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(State of incorporation)
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(IRS Employer
Identification Number)
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870 Winter Street, Waltham, Massachusetts 02451
(781) 522-3000
(Address,
including zip code, and telephone number, including area code, of registrant’s principal executive offices)
Frank R.
Jimenez, Esq.
Vice President, General Counsel and Secretary
Raytheon Company
870
Winter Street
Waltham, Massachusetts 02451
(781) 522-3000
(Name,
address, including zip code, and telephone number, including area code, of agent for service)
Approximate
date of commencement of proposed sale to the public:
From time to time after this Registration Statement becomes effective.
If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the
following box.
¨
If any of the securities being registered on this Form are to
be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box.
x
If this Form is filed to register additional securities for an offering pursuant to Rule
462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same
offering.
¨
If this Form is a post-effective amendment filed pursuant to Rule
462(c) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same
offering.
¨
If this Form is a registration statement pursuant to General
Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following
box.
x
If this Form is a post-effective amendment to a registration statement
filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following
box.
¨
Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Securities
Exchange Act of 1934.
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Large accelerated filer
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x
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Accelerated filer
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Non-accelerated filer
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(Do not check if a smaller reporting company)
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Smaller reporting company
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CALCULATION OF REGISTRATION FEE
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Title of Each Class Of
Securities to be Registered
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Amount
to be
registered(1)
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Proposed
maximum
offering
price
per unit(1)
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Proposed
maximum
offering
price(1)
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Amount of
Registration Fee(2)
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Senior Debt Securities
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Subordinated Debt Securities
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Common Stock
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Preferred Stock
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Warrants
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(1)
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An unspecified aggregate initial offering price or number of securities of each identified class is being registered and may be, from time to time, offered at unspecified prices pursuant to the prospectus contained in
this registration statement. The securities registered hereunder may be sold separately, together or as units with other securities registered hereunder. There are also being registered hereunder an indeterminate principal amount of the securities
as may be issuable upon conversion or exchange of debt securities, preferred stock or warrants or pursuant to antidilution provisions thereof. Separate consideration may or may not be received for securities that are issuable upon conversion of, or
in exchange for, or upon exercise of, convertible or exchangeable securities.
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(2)
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In accordance with Rules 456(b) and 457(r) under the Securities Act of 1933, the Registrant is deferring payment of all of the registration fee.
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PROSPECTUS
Raytheon Company
Debt
Securities
Common Stock
Preferred Stock
Warrants
We may offer,
issue and sell, from time to time:
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Shares of our Common Stock;
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Shares of our Preferred Stock; and
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Warrants to purchase any of the other securities that may be sold under this prospectus.
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We
will provide specific terms of any offering in supplements to this prospectus. The securities may be offered separately or together in any combination and as separate series. You should read this prospectus and any prospectus supplement carefully
before you invest in any of our securities.
Our common stock is listed on the New York Stock Exchange under the symbol “RTN.”
The mailing address of our principal executive offices is 870 Winter Street, Waltham, Massachusetts 02451. Our telephone number is
781-522-3000.
Investing in our securities involves certain risks. Before investing, you should refer to the risk factors included in our periodic
reports, in prospectus supplements and in other information filed by us with the Securities and Exchange Commission.
These
securities have not been approved by the Securities and Exchange Commission or any State securities commission, nor have these organizations determined that this prospectus is accurate or complete. Any representation to the contrary is a criminal
offense.
We may sell these securities on a continuous or delayed basis directly, through agents, dealers or underwriters as designated from time to
time, or through a combination of these methods. We reserve the sole right to accept, and together with any agents, dealers and underwriters, reserve the right to reject, in whole or in part, any proposed purchase of securities. If
any agents, dealers or underwriters are involved in the sale of any securities, the applicable prospectus supplement will set forth any applicable commissions or discounts. Our net proceeds from the sale of securities also will be set forth in
the applicable prospectus supplement.
The date of this prospectus is June 6, 2016.
TABLE OF CONTENTS
Prospectus
ABOUT THIS PROSPECTUS
This prospectus is part of an “automatic shelf” registration statement that we have filed with the Securities and Exchange
Commission (the “SEC”) as a “well-known seasoned issuer” as defined in Rule 405 under the Securities Act of 1933, as amended, using a “shelf” registration process. Under this process, we may sell, at any time and from
time to time, in one or more offerings, any combination of the securities described in this prospectus.
This prospectus only provides you
with a general description of the securities we may offer. Each time we sell securities, we will provide a prospectus supplement that contains specific information about the terms of those securities and the terms of that offering. The prospectus
supplement may also add, update or change information contained in this prospectus. You should read both this prospectus and any prospectus supplement together with the additional information described below under the heading “Where You Can
Find More Information.”
We are not making an offer of these securities in any jurisdiction where the offer is not permitted. You
should not assume that the information in this prospectus or a prospectus supplement is accurate as of any date other than the date on the front of the document.
References in this prospectus to the terms “the Company,” “Raytheon,” “we,” “our” and
“us” or other similar terms mean Raytheon Company, unless we state otherwise or the context indicates otherwise.
WHERE YOU CAN FIND MORE INFORMATION
We file annual, quarterly and current reports, proxy statements and other information with
the SEC. You may read and copy any document that we file at the Public Reference Room of the SEC at 100 F Street, N.E., Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by calling 1-800-SEC-0330. In
addition, the SEC also maintains an internet site at www.sec.gov that contains reports, proxy statements and other information regarding registrants that file electronically, including Raytheon Company. Except as expressly set forth in the paragraph
below, we are not incorporating the contents of the SEC website into this prospectus supplement.
The SEC allows us to “incorporate
by reference” into this prospectus the information we file with it, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is an important part of this
prospectus, and information that we file later with the SEC will automatically update and supersede this information. We incorporate by reference in this prospectus the documents listed below with the SEC (File No. 001-13699) and any future
filings that we may make with the SEC under Sections 13(a), 13(c), 14, or 15(d) of the Securities Exchange Act of 1934, as amended, until we sell all of the securities (other than filings or portions of filings that are furnished under applicable
SEC rules rather than filed):
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Annual Report on Form 10-K for the year ended December 31, 2015;
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Quarterly Report on Form 10-Q for the quarter ended April 3, 2016 filed on April 28, 2016;
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Current Report on Form 8-K filed on March 29, 2016.
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You may obtain a copy of any or all of
the documents referred to above which may have been or may be incorporated by reference into this prospectus, except for exhibits to those documents (unless the exhibits are specifically incorporated by reference into those documents) at no cost to
you by writing or telephoning us at the following address: Office of the Secretary, Raytheon Company, 870 Winter Street, Waltham, Massachusetts 02451, telephone (781) 522-3000.
You may also find additional information about us, including the documents mentioned above, on our website at www.raytheon.com. The
information included on or linked to this website or any website referred to in any document incorporated by reference into this prospectus supplement is not a part of this prospectus supplement.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This prospectus and the information we are incorporating by reference contain forward-looking statements within the meaning of federal
securities laws, including information regarding our financial outlook, future plans, objectives, business prospects, products and services, trends and anticipated financial performance. You can identify these statements by the fact that they
include words such as “will,” “believe,” “anticipate,” “expect,”
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“estimate,” “intend,” “plan,” or variations of these words, or similar expressions. These forward-looking statements are not statements of historical facts and
represent only our current expectations regarding such matters. These statements inherently involve a wide range of known and unknown uncertainties. Our actual actions and results could differ materially from what is expressed or implied by these
statements. Specific factors that could cause such a difference include, but are not limited to, those referred to below and other important factors disclosed previously and from time to time in our other filings with the SEC. Given these factors,
as well as other variables that may affect our operating results, you should not rely on forward-looking statements, assume that past financial performance will be a reliable indicator of future performance, or use historical trends to anticipate
results or trends in future periods. We expressly disclaim any obligation or intention to provide updates to the forward-looking statements and the estimates and assumptions associated with them.
RISK FACTORS
An investment in our securities involves risks. We urge you to consider carefully the risks described in the documents incorporated by
reference in this prospectus and, if applicable, in any prospectus supplement used in connection with an offering of our securities, before making an investment decision, including those risks identified under “Item 1A. Risk Factors” in
our Annual Report on Form 10-K for the year ended December 31, 2015, which is incorporated by reference in this prospectus and which may be amended, supplemented or superseded from time to time by other reports that we subsequently
file with the SEC. Additional risks, including those that relate to any particular securities we offer, may be included in a prospectus supplement or free writing prospectus that we authorize from time to time, or that are incorporated by reference
into this prospectus or a prospectus supplement.
RAYTHEON COMPANY
Raytheon Company, together with its subsidiaries, is a technology and innovation leader specializing in defense and other government markets
throughout the world. We develop technologically advanced and integrated products, services and solutions in our core markets: sensing; effects; command, control, communications, computers, cyber and intelligence; mission support; and cybersecurity.
We serve both domestic and international customers, primarily as a prime contractor or subcontractor on a broad portfolio of defense and related programs for government customers.
We currently operate in five business segments:
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Integrated Defense Systems;
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Intelligence, Information and Services;
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Space and Airborne Systems; and
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We were founded in 1922
and have grown internally and through a number of acquisitions. We are incorporated in the state of Delaware. Our principal executive offices are located at 870 Winter Street, Waltham, Massachusetts 02451.
USE OF PROCEEDS
Unless otherwise specified in a prospectus supplement accompanying this prospectus, the net proceeds from the sale of the securities to which
this prospectus relates will be used for general corporate purposes. General corporate purposes may include, without limitation, working capital, capital expenditures, debt service requirements and repayment of our outstanding indebtedness,
repurchases of our shares of our common stock, pension contributions and other business initiatives, including possible acquisitions. Net proceeds may be temporarily invested prior to use.
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RATIO OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratio of earnings to fixed charges for the periods indicated.
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Three Months Ended
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Year Ended December 31
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April 3, 2016
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2015
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2014
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2013
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2012
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2011
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Ratio of Earnings to Fixed Charges
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8.3x
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9.8x
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11.1x
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10.3x
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10.6x
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10.9x
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For the purposes of calculating these ratios, “earnings” consists of pre-tax income from continuing
operations attributable to Raytheon Company common stockholders because our noncontrolling interests do not incur fixed charges, increased by fixed charges and the amortization of capitalized interest and reduced by total interest capitalized.
“Fixed charges” consists of interest expense (including amortization of debt discount or premium and expenses), interest capitalized and the interest component of our rent expense, which we estimate as one-third of total rent expense. All
amounts associated with our discontinued operations and interest on our unrecognized tax benefits have been excluded.
In addition, for
the periods presented above, we did not have outstanding preferred securities and therefore were not required to pay any preferred security dividends. As a result, our ratios of earnings to combined fixed charges and preference dividends are
identical to the ratios presented in the table above.
GENERAL DESCRIPTION OF SECURITIES THAT WE MAY SELL
We may offer and sell, at any time and from time to time:
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Our debt securities, in one or more series, which may be senior debt securities or subordinated debt securities, in each case consisting of notes or other unsecured evidences of indebtedness;
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Shares of our common stock, par value $.01 per share;
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Shares of our preferred stock, par value $.01 per share;
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Warrants to purchase any of the other securities that may be sold under this prospectus; or
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Any combination of these securities.
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The terms of any securities we offer will be determined
at the time of sale. We may issue debt securities that are exchangeable for and/or convertible into common stock or any of the other securities that may be sold under this prospectus. When particular securities are offered, a supplement to this
prospectus will be filed with the SEC, which will describe the terms of the offering and sale of the offered securities.
DESCRIPTION OF OUR DEBT SECURITIES
The debt securities will be our unsecured direct obligations, which may be senior or
subordinated indebtedness. The debt securities will be issued under one or more indentures between us and a trustee. Any indenture will be subject to, and governed by, the Trust Indenture Act of 1939.
This section describes the general terms and provisions of the debt securities that we may offer from time to time in the form of one or more
series. The applicable prospectus supplement will describe the specific terms of the debt securities offered through that prospectus supplement.
Our unsecured senior debt securities will be issued under a senior debt securities indenture, dated as of July 3, 1995, as supplemented
or modified by supplement dated December 17, 1997, between us and The Bank of New York Mellon Trust Company, N.A., as trustee, or another indenture or indentures to be entered into by us and that trustee or another trustee. The unsecured
subordinated debt securities will be issued under a second, subordinated debt securities indenture, also dated as of July 3, 1995, as amended by supplement dated May 9, 2001, between us and The Bank of New York Mellon Trust Company, N.A.,
as trustee, or another indenture or indentures to be entered into by us and that trustee or another trustee. Both indentures are qualified under the Trust Indenture Act of 1939.
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Copies of each of the July 3, 1995 indentures and supplements identified above are filed
with the SEC as exhibits, by incorporation by reference in the registration statement of which this prospectus is a part. If we elect to issue securities under another indenture, we will file a copy of that indenture with the SEC. You should refer
to those indentures for the complete terms of the debt securities.
See “Where You Can Find More Information.” In addition, you
should consult the applicable prospectus supplement for particular terms of our debt securities.
Our existing indentures permit us to
issue the debt securities without limit as to aggregate principal amount, in one or more series. We need not issue all debt securities of one series at the same time. Unless we otherwise provide, we may reopen a series, without the consent of the
holders of such series, for issuances of additional securities of that series.
Generally, we will pay the principal of, premium, if any,
on, and interest on our debt securities either at an office or agency that we maintain for that purpose or, if we elect, we may pay interest by mailing a check to your address as it appears on our register. We will issue our debt securities only in
fully registered form without coupons, generally in denominations of $1,000 or integral multiples of $1,000. We will not apply a service charge for a transfer or exchange of our debt securities, but we may require that you pay the amount of any
applicable tax or other governmental charge.
The applicable prospectus supplement will describe the specific terms relating to the series
of debt securities we will offer including, where applicable, the following:
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the title and series designation of the debt securities;
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whether they are senior debt securities or subordinated debt securities;
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the aggregate principal amount of the debt securities;
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the total amount of the debt securities authorized and the amount outstanding, if any;
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the identity of the person to whom we will pay interest if it is anybody other than the noteholder;
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the stated maturity date;
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the interest rate, which may be fixed or variable, and its method of calculation;
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when interest will be payable, as well as the record date for determining who we will pay interest to;
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where the principal, premium, if any, and interest on the debt securities will be paid;
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any mandatory or optional sinking funds or similar arrangements;
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when the debt securities may be redeemed if they are redeemable, as well as the redemption prices, and a description of the terms of redemption;
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whether we have any obligation to redeem or repurchase the debt securities at your option;
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the denominations of the debt securities, if other than $1,000 or an integral multiple of $1,000;
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the amount that we will pay the holder if the maturity of the debt securities is accelerated, if other than their principal amount;
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the currency in which we will make payments to the holder and, if a foreign currency, the manner of conversion from U.S. dollars;
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any index we may use to determine the amount of payment of principal of, premium, if any, on, and interest on the debt securities;
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if the debt securities will be issued only in the form of a global note, the name of the depositary or its nominee and the circumstances under which the global note may be transferred or exchanged to someone other than
the depositary or its nominee;
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the applicability of the defeasance and covenant defeasance provisions in the applicable indenture;
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whether the debt securities are convertible into any other securities and the terms and conditions of convertibility;
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any additions or changes to events of default and, in the case of subordinated debt securities, any additional events of default that would result in acceleration of their maturity; and
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any other terms of the debt securities.
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The terms of our debt securities may provide for
deferred interest payments, or for an issue price at a discount from the stated redemption price at maturity, either of which would constitute original issue discount. Generally speaking, if our debt securities are issued at an original issue
discount and there is an event of default or acceleration of their maturity, holders will in some cases receive an amount less than the stated principal amount. Tax and other special considerations applicable to original issue discount debt, if
material, will be described in the prospectus supplement in which we offer those debt securities.
If we were to become insolvent, your
claim as a holder of debt securities will be effectively junior to the claims of holders of any indebtedness or preferred stock of our subsidiaries.
Subordination of Our Subordinated Debt Securities
Generally, the payment of principal of, or premium, if any, on, and interest on our unsecured subordinated debt securities will be subordinated
in right of payment to the prior payment in full of our senior indebtedness. If we distribute our assets to creditors upon liquidation, dissolution, reorganization, insolvency, bankruptcy or under similar circumstances, holders of our senior debt
will be entitled to be paid in full before any payments will be made on our subordinated debt securities. In addition, if the maturity of our subordinated debt securities is accelerated, holders of our senior debt will be entitled to be paid in full
before any payments will be made on our subordinated debt securities. Moreover, while there is an event of default with respect to our senior debt that would permit our senior debt to be accelerated, and while we are in default in our payment
obligations to holders of senior debt, we cannot make payments to our subordinated debt holders.
If we were to become insolvent, holders
of our subordinated debt securities may not be paid with respect to those securities until our senior debt and third party creditors, as well as holders of any indebtedness or preferred stock of our subsidiaries, are paid in full.
The indenture for our unsecured subordinated debt securities will not place any limits on the amount of other indebtedness, including senior
debt, that we may issue.
The indenture for our unsecured subordinated debt securities defines “senior indebtedness” to include
the principal of, premium, if any, on, and interest on:
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all of our indebtedness for money borrowed, other than our subordinated debt securities, and any other indebtedness represented by a note, bond, debenture or other similar evidence of indebtedness, including
indebtedness of others that we guarantee, in each case whether outstanding on the date of execution of the subordinated debt securities indenture or thereafter created, incurred or assumed; and
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any amendments, renewals, extensions, modifications and refundings of any such indebtedness, unless in any case in the instrument creating or evidencing any such indebtedness or pursuant to which it is outstanding it is
provided that such indebtedness is not superior in right of payment to our subordinated debt securities.
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In addition, for
purposes of the definition of “senior indebtedness,” “indebtedness for money borrowed” includes:
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any obligation of, or any obligation guaranteed by, us for the repayment of borrowed money, whether or not evidenced by bonds, debentures, notes or other written instruments;
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any deferred payment obligation of, or any such obligation guaranteed by, us for the payment of the purchase price of property or assets evidenced by a note or similar instrument; and
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any obligation of, or any such obligation guaranteed by, us for the payment of rent or other amounts under a lease of property or assets if such obligation is required to be classified and accounted for as a capitalized
lease on our balance sheet under generally accepted accounting principles.
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Events of Default
Generally speaking, any of the following events will constitute an event of default under the indentures:
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failure to pay interest on our debt securities for 30 days past the applicable due date, even if we are prohibited from paying interest on our debt securities because they are subordinated;
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failure to pay principal of, or premium, if any, on, our debt securities when due, even if we are prohibited from making such payments on our debt securities because they are subordinated;
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failure to make any sinking fund payment when due, even if we are prohibited from making such payments on our debt securities because they are subordinated;
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failure to perform any other covenant or agreement set forth in the securities of that series or in the applicable indenture, other than a covenant included in the indenture solely for the benefit of a different series
of our debt securities, which continues for 60 days after written notice as provided in the indenture;
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bankruptcy, insolvency or reorganization; and
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any other event of default provided with respect to debt securities of that series.
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A holder
will be notified of an event of default with respect to a series of our debt securities by the trustee.
If there is an event of default
with respect to a series of our senior debt securities, which continues for the requisite amount of time, either the trustee or holders of at least 25% of the aggregate principal amount of that series may declare the principal amount of all of the
senior debt securities of that series to be due and payable immediately. If the securities were issued at an original issue discount, less than the stated principal amount may become payable.
Payment of the principal of our subordinated debt securities may be accelerated only in the case of our bankruptcy, insolvency or
reorganization. Neither a holder nor the trustee will be able to accelerate the payment of interest or principal with respect to our subordinated debt securities for any other reason.
In some cases, after a declaration of acceleration has been made, but before a judgment or decree has been obtained, holders of a majority in
aggregate principal amount of the series that is in default may rescind the acceleration.
The trustee will be required to act with a high
standard of care. However, the trustee will not be obligated to exercise any of its rights or powers under the indentures at a holder’s request unless the holder provides the trustee reasonable security or indemnity. Generally, but with
exceptions, holders of a majority in aggregate principal amount of any series of our outstanding debt securities will have the right to choose the time, method and place of any proceeding for any remedy available to the trustee or any exercise of
power by the trustee with respect to debt securities of that series.
A holder may institute a suit against us for enforcement of the
holder’s rights to receive payment of the principal of, premium, if any, on, or interest on our debt securities after the due dates. However, the holder will not be able to institute any other proceedings under the applicable indenture,
including for any remedy, unless the following conditions are satisfied:
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the holder has previously given the trustee written notice of a continuing event of default with respect to a series of our debt securities held by the holder;
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holders of at least 25% of the aggregate principal amount of that series make a written request, and offer reasonable indemnity, to the trustee for the trustee to institute the requested proceeding;
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the trustee does not receive direction contrary to the holders’ written request, within 60 days following receipt of the holders’ written request, from holders of a majority in aggregate principal amount of
that series; and
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the trustee does not institute the proceeding the holders requested within 60 days following the receipt of the holders’ written request and offer of indemnity.
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Every year we are required to deliver to the trustee a statement as to performance of our obligations under the indentures and as to any
defaults.
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A default in the payment of, or that causes acceleration of, any of our debt securities, where
the aggregate principal amount of those debt securities exceeds $150 million, will give rise to a cross-default under our senior credit facilities. In some circumstances, payment defaults on our debt securities may also give rise to cross-defaults
of our guarantees of the indebtedness of our subsidiaries.
Defeasance and Covenant Defeasance
Any series of our debt securities may be subject to the defeasance and discharge provisions of the applicable indenture. If those provisions
are applicable, we may elect either:
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defeasance—which will permit us to defease and be discharged from, subject to limitations, all of our obligations with respect to those debt securities; or
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covenant defeasance—which will permit us to be released from our obligations to comply with covenants relating to those debt securities as described in the applicable prospectus supplement, which may include
obligations concerning subordination of our subordinated debt securities.
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To invoke defeasance or covenant defeasance with
respect to any series of our debt securities, we must irrevocably deposit with the trustee, in trust, an amount in funds or U.S. government obligations which, through the payment of principal and interest in accordance with their terms, will provide
money in an amount sufficient to pay, when due, the principal of, premium, if any, on, and interest on those debt securities and any mandatory sinking fund or similar payments on those debt securities. In addition, we would be required to deliver a
legal opinion to the trustee to the effect that a holder of the applicable debt securities will not recognize additional income, gain or loss for federal income tax purposes as a result of the defeasance or covenant defeasance.
We cannot defease our obligations to register the transfer or exchange of our debt securities; to replace our debt securities that have been
stolen, lost or mutilated; to maintain paying agencies; or to hold funds for payment in trust. We may not defease our obligations if there is a continuing event of default on securities issued under the applicable indenture, or if depositing amounts
into trust would cause the trustee to have conflicting interests with respect to other of our securities.
If we effect covenant
defeasance with respect to any of our debt securities, and then those debt securities are declared due and payable because of an event of default, other than an event of default relating to any covenant from which we have been released through
covenant defeasance, the amount of money or U.S. government obligations on deposit with the trustee may not be sufficient to pay all amounts due on the debt securities at the time of acceleration. However, we would remain liable with respect to any
shortfall.
Modification and Waiver
Modifications and amendments of our current indentures may be made only with the consent of holders of at least a majority in aggregate
principal amount of all of our outstanding debt securities affected, voting as a single class. Generally, the consent of all of the holders of our debt securities that are affected is required for any of the following:
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to change the stated maturity of the principal, or any installment of interest or premium, if any;
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to reduce the principal amount, the premium, if any, on, the interest, or the amount payable upon acceleration or maturity in the case of debt securities issued at an original issue discount;
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to change the place of payment, or the currency in which payments are made;
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to impair your right to institute suit to enforce any payment at or following stated maturity or following a redemption date;
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to modify the subordination provisions of our subordinated debt securities in a manner adverse to holders; and
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to reduce the percentage of the principal amount of our outstanding debt securities required for modification to or amendment of either indenture, or for waiver of our compliance with indenture provisions or defaults.
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Holders of a majority in aggregate principal amount of either our senior debt securities or our
subordinated debt securities may waive any past default under the applicable indenture, except for a default in the payment of principal, premium, if any, on, or interest on our debt securities and except for our compliance with specified covenants.
Covenants
Our current indentures
contain covenants regarding, among other things:
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a limitation on liens other than specified types of liens;
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a limitation on sale and leaseback transactions, unless the lien on any property subject to the sale and leaseback transaction is permitted under the indentures or the proceeds of the sale and leaseback transaction are
used to retire specified types of debt; and
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restrictions on our ability to engage in consolidations, mergers or transfers of substantially all of our assets unless the surviving or acquiring entity is a domestic company and it expressly assumes our obligations
with respect to our debt securities by executing a supplemental indenture.
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You should be aware that we are not prohibited
from engaging in highly leveraged transactions, other than as may conflict with these covenants. Moreover, any series of our debt securities may provide that these covenants may be removed with respect to that series.
Conversion or Exchange Rights
If any
series of our debt securities are convertible or exchangeable, the applicable prospectus supplement will specify:
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the type of securities into which it may be converted or exchanged;
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the conversion price or exchange ratio, and its method of calculation;
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whether conversion or exchange is mandatory or at your election; and
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how the conversion price or exchange ratio may be adjusted if our debt securities are redeemed.
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Our Debt
Trustee
The current trustee for our debt securities is The Bank of New York Mellon Trust Company, N.A., which performs services for us
in the ordinary course of business. We may engage additional or substitute trustees with respect to particular series of our debt securities.
Global
Securities
Our debt securities may be issued in the form of one or more global securities that will be deposited with a depositary or
its nominee identified in the applicable prospectus supplement. If so, each global security will be issued in the denomination of the aggregate principal amount of securities that it represents. Unless and until it is exchanged in whole or in part
for debt securities that are in definitive registered form, a global security may not be transferred or exchanged except as a whole by the depositary to its nominee. The applicable prospectus supplement will describe this concept more fully.
The specific material terms of the depositary arrangement with respect to any portion of a series of our debt securities that will be
represented by a global security will be described in the applicable prospectus supplement. We anticipate that the following provisions will apply to our depositary arrangements.
Upon the issuance of any global security, and its deposit with or on behalf of the depositary, the depositary will credit, on its book-entry
registration and transfer system, the principal amounts of our debt securities represented by the global security to the accounts of participating institutions that have accounts with the depositary or its nominee. The underwriters or agents
engaging in the distribution of our debt securities, or us if we are offering and selling our debt securities directly, will designate the accounts to be credited. Ownership of beneficial interests in a global security will be limited to
participating institutions or their clients. The depositary or its nominee will keep records of the ownership and transfer of beneficial interests in a global security by participating institutions. Participating institutions will keep records of
the ownership and transfer of beneficial interests by their clients. The laws of some jurisdictions may require that purchasers of our securities receive physical certificates, which may impair a holder’s ability to transfer its beneficial
interests in global securities.
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While the depositary or its nominee is the registered owner of a global security the depositary
or its nominee will be considered the sole owner of all of our debt securities represented by the global security for all purposes under the indentures. Generally, if a holder owns beneficial interests in a global security, the holder will not be
entitled to have our debt securities registered in the holder’s own name, and the holder will not be entitled to receive a certificate representing its ownership. Accordingly, if a holder owns a beneficial interest in a global security, the
holder must rely on the depositary and, if applicable, the participating institution of which the holder is a client to exercise the rights of a holder under the applicable indenture.
The depositary may grant proxies and otherwise authorize participating institutions to take any action that a holder is entitled to take under
the indentures. We understand that, according to existing industry practices, if we request any action of holders, or any owner of a beneficial interest in a global security wishes to give any notice or take any action, the depositary would
authorize the participating institutions to give the notice or take the action, and the participating institutions would in turn authorize their clients to give the notice or take the action.
Generally, we will make payments on our debt securities represented by a global security directly to the depositary. It is our understanding
that the depositary will then credit the accounts of participating institutions, which will then distribute funds to their clients. We also expect that payments by participating institutions to their clients will be governed by standing instructions
and customary practices, as is now the case with securities held for the accounts of clients registered in “street names,” and will be the responsibility of the participating institutions. Neither we nor the trustee, nor our respective
agents, will have any responsibility, or bear any liability, for any aspects of the records relating to, or payments made on account of, beneficial interests in a global security, or for maintaining, supervising or reviewing records relating to
beneficial interests.
Generally, a global security may be exchanged for certificated debt securities only in the following instances:
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the depositary notifies us that it is unwilling or unable to continue as depositary, or it ceases to be a registered clearing agency, if required to be registered by law, and a successor is not appointed within 90 days;
or
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we determine in our sole discretion that we will permit global securities to be exchanged for certificated debt securities; or
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there is a continuing event of default under the indenture governing the debt securities held in global form.
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The following is based on information furnished to us:
Unless otherwise specified in the applicable prospectus supplement, The Depository Trust Company, or DTC, will act as depositary for
securities issued in the form of global securities. Global securities will be issued only as fully registered securities registered in the name of Cede & Co., which is DTC’s nominee. One or more fully registered global securities will
be issued for these securities representing in the aggregate the total number of these securities, and will be deposited with or on behalf of DTC.
Purchases of securities within the DTC system must be made by or through direct participants, which will receive a credit for the securities
on DTC’s records. The ownership interest of each actual purchaser of each security, commonly referred to as the beneficial owner, is in turn to be recorded on the direct and indirect participants’ records. Beneficial owners will not
receive written confirmation from DTC of their purchases, but beneficial owners are expected to receive written confirmations providing details of the transactions, as well as periodic statements of their holdings, from the direct or indirect
participants through which the beneficial owners purchased securities. Transfers of ownership interests in securities issued in the form of global securities are accomplished by entries made on the books of participants acting on behalf of
beneficial owners. Beneficial owners will not receive certificates representing their ownership interests in these securities, except if use of the book-entry system for such securities is discontinued.
DTC has no direct knowledge of the actual beneficial owners of the securities issued in the form of global securities. DTC’s records
reflect only the identity of the direct participants to whose accounts such securities are credited, which may or may not be the beneficial owners. The participants will remain responsible for keeping account of their holdings on behalf of their
customers.
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Conveyance of notices and other communications by DTC to direct participants, by direct
participants to indirect participants, and by direct participants and indirect participants to beneficial owners will be governed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect from time to time.
Any redemption notices must be sent to DTC. If less than all of the securities of a series or class are being redeemed, DTC’s
practice is to determine by lot the amount to be redeemed from each participant.
Although voting with respect to securities issued in the
form of global securities is limited to the holders of record, when a vote is required, neither DTC nor Cede & Co. will itself consent or vote with respect to such securities. Under its usual procedures, DTC would mail an omnibus proxy to
the issuer of the securities as soon as possible after the record date. The omnibus proxy assigns Cede & Co.’s consenting or voting rights to those direct participants to whose accounts such securities are credited on the record date,
identified in a listing attached to the omnibus proxy.
Payments in respect of securities issued in the form of global securities will be
made by the issuer of such securities to DTC. DTC’s practice is to credit direct participants’ accounts on the relevant payment date in accordance with their respective holdings shown on DTC’s records unless DTC has reason to believe
that it will not receive payments on such payment date. Payments by participants to beneficial owners will be governed by standing instructions and customary practices and will be the responsibility of such participant and not of DTC or us, subject
to any statutory or regulatory requirements as may be in effect from time to time. Payments to DTC are the responsibility of the issuer of the applicable securities, disbursement of such payments to direct participants is the responsibility of DTC,
and disbursements of such payments to the beneficial owners is the responsibility of direct and indirect participants.
DTC may
discontinue providing its services as depositary with respect to any securities at any time by giving reasonable notice to the issuer of such securities. If a successor depositary is not obtained, individual security certificates representing such
securities are required to be printed and delivered. We, at our option, may decide to discontinue use of the system of book-entry transfers through DTC or a successor depositary.
The information in this section concerning DTC and DTC’s book-entry system has been obtained from sources that we believe to be accurate,
but we assume no responsibility for its accuracy. We have no responsibility for the performance by DTC or its participants of their obligations as described in this prospectus or under the rules and procedures governing their operations.
DESCRIPTION OF OUR COMMON STOCK
We are authorized to issue up to 1,450,000,000 shares of common stock, $0.01 par value per share.
This section describes the general terms of our common stock that we may offer from time to time. For more detailed information, a holder of
our common stock should refer to our restated certificate of incorporation, as amended and our amended and restated by-laws, copies of which are filed with the SEC as exhibits to the registration statement of which this prospectus is a part.
Holders of our common stock are entitled to one vote per share and shall vote together as a single class on all matters to be voted on by our
stockholders. Pursuant to our restated certificate of incorporation, as amended, there are no cumulative voting rights in the election of directors. The approval of corporate actions may also require the approval of the holders of any series of our
preferred stock. See “Description of Our Preferred Stock.”
Our common stock will be the only type of our capital stock entitled
to vote in the election and removal of directors and other matters presented to our stockholders from time to time, unless we issue voting preferred stock or our restated certificate of incorporation, as amended, or the law requires otherwise.
Our common stockholders will be entitled to receive dividends and distributions declared by our Board of Directors, to the extent permitted by
outstanding shares of preferred stock and by our restated certificate of incorporation, as amended. If a dividend is declared, it will be distributed pro rata to our common stockholders on a per share basis.
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If we are liquidated or dissolved, our common stockholders will be entitled to receive our assets
and funds available for distribution to common stockholders in proportion to the number of shares they hold. Our common stockholders may not receive any assets or funds until our creditors have been paid in full and the preferential or participating
rights of our preferred stockholders have been satisfied. If we participate in a corporate merger, consolidation, purchase or acquisition of property or stock, or other reorganization, any payments or shares of stock allocated to our common
stockholders will be distributed pro rata to holders of our common stock on a per share basis. If we redeem, repurchase or otherwise acquire for payment any shares of our common stock, we will treat each share of common stock identically.
Holders of our common stock will not have any preemptive, subscription or conversion rights with respect to shares of our common stock. We may
issue additional shares of our common stock, if authorized by our Board of Directors, without the common stockholders’ approval, unless required by Delaware law or a stock exchange on which our securities are traded. If we receive the
appropriate payment, shares of our common stock that we issue will be fully paid and nonassessable.
Certain provisions of the Delaware
General Corporation Law (the “DGCL”) could make it more difficult to consummate an acquisition of control of us by means of a tender offer, a proxy fight, open market purchases or otherwise in a transaction not approved by our Board of
Directors. These provisions may reduce our vulnerability to an unsolicited proposal for the restructuring or sale of all or substantially all of our assets or an unsolicited takeover attempt which is unfair to our stockholders. The summary below
does not purport to be complete and is qualified in its entirety by reference to the DGCL.
Section 203 of the DGCL restricts a wide
range of transactions (“business combinations”) between a corporation and an interested stockholder. An “interested stockholder” is, generally, any person who beneficially owns, directly or indirectly, 15% or more of the
corporation’s outstanding voting stock. Business combinations are broadly defined to include (i) mergers or consolidations with, (ii) sales or other dispositions of more than 10% of the corporation’s assets to, (iii) certain
transactions resulting in the issuance or transfer of any stock of the corporation or any subsidiary to, (iv) certain transactions resulting in an increase in the proportionate share of stock of the corporation or any subsidiary owned by, or
(v) receipt of the benefit (other than proportionately as a stockholder) of any loans, advances or other financial benefits by, an interested stockholder. Section 203 provides that an interested stockholder may not engage in a business
combination with the corporation for a period of three years from the time of becoming an interested stockholder unless (a) the Board of Directors approved either the business combination or the transaction which resulted in the person becoming
an interested stockholder prior to the time that person became an interested stockholder; (b) upon consummation of the transaction which resulted in the person becoming an interested stockholder, that person owned at least 85% of the
corporation’s voting stock (excluding, for purposes of determining the voting stock outstanding, but not the outstanding voting stock owned by the interested stockholder, shares owned by persons who are directors and also officers and shares
owned by certain employee stock plans); or (c) the business combination is approved by the Board of Directors and authorized by the affirmative vote of at least 66
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/ 3% of the
outstanding voting stock not owned by the interested stockholder. The restrictions on business combinations with interested stockholders contained in Section 203 of the DGCL do not apply to a corporation whose certificate of incorporation or
bylaws contains a provision expressly electing not to be governed by the statute; however, neither our charter nor our bylaws contains a provision electing to “opt-out” of Section 203.
Our common stock is listed on the New York Stock Exchange under the symbol “RTN.”
The transfer agent and registrar for our common stock is American Stock Transfer & Trust Company.
DESCRIPTION OF OUR PREFERRED STOCK
We are authorized to issue up to 200,000,000 shares of preferred stock, $0.01 par value per share, of which 4,000,000 shares have been
designated as Series A Junior Participating Preferred Stock, $0.01 par value.
This section describes the general terms and provisions of
our preferred stock that we may offer from time to time. The applicable prospectus supplement will describe the specific terms of the shares of preferred stock offered through that prospectus supplement. We will file a copy of the certificate of
designation that contains the terms of each new series of preferred stock with the SEC each time we issue a new series of preferred stock, and these certificates of designation will be incorporated by reference into the registration statement of
which this prospectus
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is a part. Each certificate of designation will establish the number of shares included in a designated series and fix the designation, powers, privileges, preferences and rights of the shares of
each series as well as any applicable qualifications, limitations or restrictions. A holder of our preferred stock should refer to the applicable certificate of designation, our restated certificate of incorporation, as amended, and the applicable
prospectus supplement for more specific information.
Our Board of Directors has been authorized, subject to limitations provided in our
restated certificate of incorporation, as amended, to provide for the issuance of shares of our preferred stock in multiple series. No shares of our preferred stock are currently outstanding.
With respect to each series of our preferred stock, our Board of Directors has the authority to fix the following terms:
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the designation of the series;
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the number of shares within the series;
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whether dividends are cumulative and, if cumulative, the dates from which dividends are cumulative;
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the rate of any dividends, any conditions upon which dividends are payable, and the dates of payment of dividends;
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whether the shares are redeemable, the redemption price and the terms of redemption;
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the amount payable to a holder for each share owned if we are dissolved or liquidated;
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whether the shares are convertible or exchangeable, the price or rate of exchange, and the applicable terms and conditions;
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any restrictions on issuance of shares in the same series or any other series; and
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your voting rights for the shares you own.
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Holders of our preferred stock will not have
preemptive rights with respect to shares of our preferred stock. In addition, rights with respect to shares of our preferred stock will be subordinate to the rights of our general creditors. If we receive the appropriate payment, shares of our
preferred stock that we issue will be fully paid and nonassessable.
We currently plan to retain American Stock Transfer & Trust
Company as the registrar and transfer agent of any series of our preferred stock.
DESCRIPTION OF OUR
WARRANTS
This section describes the general terms and provisions of our warrants to acquire our securities that we may issue from
time to time. The applicable prospectus supplement will describe the specific terms of the warrants offered through that prospectus supplement.
We may issue warrants for the purchase of our debt securities, common stock or preferred stock. We may issue warrants independently or
together with other securities, and they may be attached to or separate from the other securities. Each series of warrants will be issued under a separate warrant agreement that we will enter into with American Stock Transfer & Trust
Company, or another bank or trust company, as warrant agent, as detailed in the applicable prospectus supplement. The warrant agent will act solely as our agent in connection with the warrants and will not assume any obligation, or agency or trust
relationship, with you. We will file a copy of the warrant and warrant agreement with the SEC each time we issue a series of warrants, and these warrants and warrant agreements will be incorporated by reference into the registration statement of
which this prospectus is a part. A holder of our warrants should refer to the provisions of the applicable warrant agreement and prospectus supplement for more specific information.
The prospectus supplement relating to a particular issue of warrants will describe the terms of those warrants, including, where applicable:
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the number of warrants offered;
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the securities underlying the warrants;
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the exercise price, the amount of securities you will receive upon exercise, the procedure for exercise of the warrants and the circumstances, if any, that will cause the warrants to be automatically exercised;
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the rights, if any, we have to redeem the warrants;
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the date on which the warrants will expire;
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U.S. federal income tax consequences;
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the name of the warrant agent; and
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any other terms of the warrants.
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After your warrants expire they will become void. All
warrants will be issued in registered form. The prospectus supplement may provide for the adjustment of the exercise price of the warrants.
Warrants may be exercised at the appropriate office of the warrant agent or any other office indicated in the applicable prospectus
supplement. Before the exercise of warrants, holders will not have any of the rights of holders of the securities purchasable upon exercise and will not be entitled to payments made to holders of those securities.
The warrant agreements may be amended or supplemented without the consent of the holders of the warrants to which it applies to effect changes
that are not inconsistent with the provisions of the warrants and that do not materially and adversely affect the interests of the holders of the warrants. However, any amendment that materially and adversely alters the rights of the holders of
warrants will not be effective unless the holders of at least a majority of the applicable warrants then outstanding approve the amendment. Every holder of an outstanding warrant at the time any amendment becomes effective, by continuing to hold the
warrant, will be bound by the applicable warrant agreement as amended. The prospectus supplement applicable to a particular series of warrants may provide that certain provisions of the warrants, including the securities for which they may be
exercisable, the exercise price and the expiration date, may not be altered without the consent of the holder of each warrant.
PLAN OF DISTRIBUTION
We may sell the securities in and outside the United States (a) through underwriters or dealers,
(b) directly to purchasers, including our affiliates, (c) through agents or (d) through a combination of any of these methods. The prospectus supplement will include the following information:
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the terms of the offering;
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the names of any underwriters or agents;
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the name or names of any managing underwriter or underwriters;
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the purchase price of the securities;
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the net proceeds from the sale of the securities;
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any delayed delivery arrangements;
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any underwriting discounts, commissions and other items constituting underwriters’ compensation;
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any initial public offering price;
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any discounts or concessions allowed or reallowed or paid to dealers; and
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any commissions paid to agents.
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Sale Through Underwriters or Dealers
If underwriters are used in the sale of any of these securities, the underwriters will acquire the securities for their own account. The
underwriters may resell the securities from time to time in one or more transactions, including negotiated transactions, at a fixed public offering price or at varying prices determined at the time of sale. Underwriters may offer securities to the
public either through underwriting syndicates represented by one or more
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managing underwriters or directly by one or more firms acting as underwriters. Unless we inform you otherwise in any prospectus supplement, the obligations of the underwriters to purchase the
securities will be subject to certain conditions, and the underwriters will be obligated to purchase all the offered securities if they purchase any of them. The underwriters may change from time to time any initial public offering price and any
discounts or concessions allowed or reallowed or paid to dealers.
During and after an offering through underwriters, the underwriters may
purchase and sell the securities in the open market. These transactions may include overallotment and stabilizing transactions and purchases to cover syndicate short positions created in connection with the offering. The underwriters may also impose
a penalty bid, which means that selling concessions allowed to syndicate members or other broker-dealers for the offered securities sold for their account may be reclaimed by the syndicate if the offered securities are repurchased by the syndicate
in stabilizing or covering transactions. These activities may stabilize, maintain or otherwise affect the market price of the offered securities, which may be higher than the price that might otherwise prevail in the open market. If commenced, the
underwriters may discontinue these activities at any time.
Some or all of the securities that we offer though this prospectus may be new
issues of securities with no established trading market. Any underwriters to whom we sell these securities for public offering and sale may make a market in those securities, but they will not be obligated to and they may discontinue any market
making at any time without notice. Accordingly, we cannot assure you of the liquidity of, or continued trading markets for, any securities that we offer.
If dealers are used in the sale of securities, we will sell the securities to them as principals. They may then resell those securities to the
public at varying prices determined by the dealers at the time of resale. We will include in the prospectus supplement the names of the dealers and the terms of the transaction.
Direct Sales and Sales Through Agents
We
may sell the securities directly, and not through underwriters or agents. We may also sell the securities through agents designated from time to time. In the prospectus supplement, we will name any agent involved in the offer or sale of the offered
securities, and we will describe any commissions payable to the agent. Unless we inform you otherwise in the prospectus supplement, any agent will agree to use its reasonable best efforts to solicit purchases for the period of its appointment.
We may sell the securities directly to institutional investors or others who may be deemed to be underwriters within the meaning of the
Securities Act of 1933, as amended (the “Securities Act”), with respect to any sale of those securities. We will describe the terms of any such sales in the prospectus supplement.
Delayed Delivery Contracts
If we so
indicate in the prospectus supplement, we may authorize agents, underwriters or dealers to solicit offers from certain types of institutions to purchase securities from us at the public offering price under delayed delivery contracts. These
contracts would provide for payment and delivery on a specified date in the future. The contracts would be subject only to those conditions described in the prospectus supplement. The prospectus supplement will describe the commission payable for
solicitation of those contracts.
General Information
We may have agreements with the agents, dealers and underwriters to indemnify them against certain civil liabilities, including liabilities
under the Securities Act, or to contribute with respect to payments that the agents, dealers or underwriters may be required to make. Agents, dealers and underwriters may be customers of, engage in transactions with or perform services for us in the
ordinary course of their businesses.
LEGAL MATTERS
Unless otherwise specified in the prospectus supplement accompanying this prospectus, Frank R. Jimenez, Esq., Vice President, General Counsel
and Secretary of Raytheon, will provide opinions regarding certain legal matters. Mr. Jimenez is an executive officer of Raytheon and holds Raytheon stock awards. Any underwriters will also be advised about the validity of the securities and
other legal matters by their own counsel, which will be named in the prospectus supplement.
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INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The financial statements and management’s assessment of the effectiveness of internal control over financial reporting (which is included
in Management’s Report on Internal Control over Financial Reporting) incorporated in this Prospectus by reference to the Annual Report on Form 10-K for the year ended December 31, 2015 have been so incorporated in reliance on the
report of PricewaterhouseCoopers LLP, an independent registered public accounting firm, given on the authority of said firm as experts in auditing and accounting.
With respect to the unaudited financial information of Raytheon Company for the three month period ended April 3, 2016 and March 29,
2015, incorporated by reference in this Prospectus, PricewaterhouseCoopers LLP reported that they have applied limited procedures in accordance with professional standards for a review of such information. However, their separate report dated
April 28, 2016, incorporated by reference herein states that they did not audit and they do not express an opinion on that unaudited financial information. Accordingly, the degree of reliance on their report on such information should be
restricted in light of the limited nature of the review procedures applied. PricewaterhouseCoopers LLP is not subject to the liability provisions of Section 11 of the Securities Act of 1933 for their report on the unaudited financial
information because that report is not a “report” or a “part” of the registration statement prepared or certified by PricewaterhouseCoopers LLP within the meaning of Sections 7 and 11 of the Act.
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PART II
INFORMATION NOT REQUIRED IN THE PROSPECTUS
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Item 14.
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Other Expenses of Issuance and Distribution.
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Set forth below is an estimate (except in
the case of the registration fee) of the amount of fees and expenses to be incurred in connection with the issuance and distribution of the offered securities registered hereby, other than underwriting discounts and commission, if any, incurred in
connection with the sale of the offered securities. All such amounts will be borne by Raytheon Company.
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SEC Registration Fee
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$
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*
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Legal Fees and Expenses
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$
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Accounting Fees and Expenses
|
|
$
|
|
**
|
|
Trustee’s Fees and Expenses (including counsel fees)
|
|
$
|
|
**
|
|
Printing Expenses
|
|
$
|
|
**
|
|
Miscellaneous Fees and Expenses
|
|
$
|
|
**
|
|
Total:
|
|
$
|
|
**
|
|
|
|
|
|
|
|
(*)
|
Deferred in reliance on Rules 456(b) and 457(r) under the Securities Act of 1933, as amended.
|
|
(**)
|
As the types and amounts of securities to be issued and distributed pursuant to this registration statement may vary, the fees and expenses of such issuances and distributions cannot be reasonably determined or
estimated at this time.
|
|
Item 15.
|
Indemnification of Directors and Officers.
|
Delaware General Corporation Law
Under Section 145 of the Delaware General Corporation Law (the “DGCL”), Raytheon Company is empowered to indemnify its directors
and officers in the circumstances therein provided. Certain portions of Section 145 are summarized below:
Section 145(a) of the
DGCL provides that a corporation may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other
than an action by or in the right of the corporation) by reason of the fact that such person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee
or agent of another corporation, partnership, joint venture, trust or other enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection
with such action, suit or proceeding if such person acted in good faith and in the manner such person reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had
not reasonable cause to believe such person’s conduct was unlawful.
Section 145(b) of the DGCL provides that a corporation may
indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by or in the right of the corporation to procure a judgment in its favor by reason of the fact that he is or was a
director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against expenses
(including attorneys’ fees) actually and reasonably incurred by such person in connection with the defense or settlement of such action or suit if such person acted in good faith and in a manner such person reasonably believed to be in or not
opposed to the best interests of the corporation and except that no indemnification shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged to be liable to the corporation unless and only to the extent
that the Delaware Court of Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, such person is fairly and
reasonably entitled to indemnity for such expenses which the Delaware Court of Chancery or such other court shall deem proper.
16
Section 145(c) of the DGCL provides that to the extent that a present or former director or
officer of a corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in Section 145(a) and (b), or in defense of any claim, issue or matter therein, such person shall be indemnified
against expenses (including attorneys’ fees) actually and reasonably incurred by such person in connection therewith.
Section 145(d) of the DGCL provides that any indemnification under Section 145(a) and (b) (unless ordered by a court) shall be
made by the corporation only as authorized in the specific case upon a determination that indemnification of the present or former director, officer, employee or agent is proper in the circumstances because such person has met the applicable
standard of conduct set forth in Section 145(a) and (b). Such determination shall be made, with respect to a person who is a director or officer at the time of such determination, (1) by a majority vote of the directors who were not
parties to such action, suit or proceeding, even though less than a quorum, or (2) by a committee of such directors designated by majority vote of such directors, even though less than a quorum, or (3) if there are no such directors, or if
such directors so direct, by independent legal counsel in a written opinion, or (4) by the stockholders.
Section 145(e) of the
DGCL provides that expenses (including attorneys’ fees) incurred by an officer or director in defending any civil, criminal, administrative or investigative action, suit or proceeding may be paid by the corporation in advance of the final
disposition of such action, suit or proceeding upon receipt of an undertaking by or on behalf of such director or officer to repay such amount if it shall ultimately be determined that such person is not entitled to be indemnified by the corporation
as authorized in Section 145. Such expenses (including attorneys’ fees) incurred by former directors and officers or other employees and agents may be so paid upon such terms and conditions, if any, as the corporation deems appropriate.
Section 145(f) of the DGCL provides that the indemnification and advancement of expenses provided by, or granted pursuant to,
Section 145 shall not be deemed exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise, both as to
action in such person’s official capacity and as to action in another capacity while holding such office.
Section 145(g) of the
DGCL provides that a corporation shall have the power to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a
director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise against any liability asserted against such person and incurred by such person in any such capacity, or arising out of such
person’s status as such, whether or not the corporation would have the power to indemnify such person against such liability under Section 145.
Indemnification Agreements
Raytheon
Company has also entered into substantially identical indemnification agreements (the “Indemnification Agreements”) with each of its directors and officers. The Indemnification Agreements, among other things, provide for Raytheon Company
to indemnify each indemnitee in connection with any threatened, pending or completed action, suit, arbitration, alternative dispute resolution proceeding, administrative hearing or other proceeding, as to which such indemnitee is involved by reason
of such indemnitee’s status as a director, officer, employee or agent of Raytheon Company.
Under the Indemnification Agreements, the
indemnitee will generally be indemnified so long as he or she acted in good faith and in a manner reasonably believed by such indemnitee to be in, or not opposed to, Raytheon Company’s best interests and, in the case of a criminal action, had
no reasonable cause to believe his or her conduct was unlawful.
The Indemnification Agreements further provide that the indemnification
thereunder is not exclusive of any other rights the indemnitee may have under Raytheon Company’s restated certificate of incorporation, as amended, by-laws, any other agreement, any vote of stockholders or disinterested directors, the DGCL, any
other law (common or statutory), or otherwise.
17
Restated Certificate of Incorporation, As Amended
The restated certificate of incorporation, as amended, of Raytheon Company provides that no director of Raytheon Company shall be personally
liable to Raytheon Company or its stockholders for monetary damages for breach of fiduciary duty as a director, except to the extent such exemption or limitation is prohibited under the DGCL as it currently exists or as it may be amended in the
future.
The restated certificate of incorporation, as amended, also provides that Raytheon Company shall indemnify each person who was or
is made a party or is threatened to be made a party to or is involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that such person is or was a director or officer of Raytheon
Company or is or was serving at the request of Raytheon Company as a director or officer of another corporation or of a partnership, joint venture, trust or other enterprise, including service with respect to employee benefit plans (whether the
basis of such action, suit or proceeding is alleged action in an official capacity as a director or officer or in any other capacity while serving as a director or officer), to the fullest extent authorized by the DGCL as it currently exists or as
it may be amended in the future, against all expense, liability and loss (including attorneys’ fees, judgments, fines, payments in settlement and excise taxes or penalties arising under the Employee Retirement Income Security Act of 1974, as in
effect from time to time) reasonably incurred or suffered by such person. Such indemnification shall continue as to a person who ceases to be a director or officer of Raytheon Company and shall inure to the benefit of such person’s heirs,
executors and administrators. Raytheon Company shall not be required to indemnify a person in connection with such action, suit or proceeding initiated by such person if it was not authorized by the Board of Directors except under limited
circumstances.
The restated certificate of incorporation, as amended, also provides that Raytheon Company shall pay the expenses of
directors and officers incurred in defending any such action, suit or proceeding in advance of its final disposition; provided, however, that, if and to the extent that the DGCL requires, the payment of expenses incurred by a director or officer in
advance of the final disposition of any action, suit or proceeding shall be made only upon receipt of an undertaking by the director or officer to repay all amounts advanced if it should be ultimately determined that the director or officer is not
entitled to be indemnified under the restated certificate of incorporation, as amended, or otherwise. If a claim for indemnification or advancement of expenses by an officer or director under the restated certificate of incorporation, as amended, is
not paid in full within 30 calendar days after a written claim therefor has been received by Raytheon Company, the claimant may file suit to recover the unpaid amount of such claim and, if successful in whole or in part, shall be entitled also to be
paid the expense of prosecuting such claim. It shall be a defense to any such action (other than an action brought to enforce a claim for expenses incurred in defending any action, suit or proceeding in advance of its final disposition where the
required undertaking, if any is required, has been tendered to Raytheon Company) that the claimant has not met the standard of conduct which makes it permissible under the DGCL for Raytheon Company to indemnify the claimant for the amount claimed.
Raytheon Company shall have the burden of providing such defense. Neither the failure of Raytheon Company to have made a determination prior to the commencement of such action that indemnification of the claimant is proper in circumstances because
the claimant has met the applicable standard of conduct set forth in the DGCL, nor an actual determination by Raytheon Company that the claimant has not met such applicable standard of conduct, shall be a defense to the action or create a
presumption that the claimant has not met the applicable standard of conduct. The right to indemnification and the payment of expenses conferred on any person by the restated certificate of incorporation, as amended, shall not be exclusive of any
other rights which such person may have or hereafter acquire under any statute, provision of the restated certificate of incorporation, as amended, or the amended and restated by-laws of Raytheon Company, agreement, vote of stockholders or
disinterested directors or otherwise.
No repeal or modification of the provisions of the restated certificate of incorporation, as
amended, described herein by the stockholders of Raytheon Company will adversely affect any limitation on the personal liability of directors for, or any rights of directors in respect of, any cause of action, suit or claim accruing or arising prior
to the repeal or modification.
The restated certificate of incorporation, as amended, also provides that Raytheon Company may maintain
insurance to protect itself and any director, officer, employee or agent of Raytheon Company or another corporation, partnership, joint venture, trust or other enterprise against any such expense, liability or loss, whether or not Raytheon Company
would have the power to indemnify such person against such expense, liability or loss under the DGCL.
18
|
|
|
|
|
Exhibit
No.
|
|
Description
|
|
|
|
|
**1.1
|
|
Form of Underwriting Agreement.
|
|
|
|
|
*3.1
|
|
Raytheon Company Restated Certificate of Incorporation, restated as of April 2, 2002 filed as an exhibit to Raytheon Company’s Registration Statement on Form S-3, File No. 333-85648, is hereby incorporated by
reference.
|
|
|
|
|
*3.2
|
|
Certificate of Amendment of Restated Certificate of Incorporation of Raytheon Company, amended as of May 5, 2005, filed as an exhibit to the Company’s Current Report on Form 8-K filed May 9, 2005, is hereby incorporated by
reference.
|
|
|
|
|
*3.3
|
|
Certificate of Amendment of Restated Certificate of Incorporation of Raytheon Company, amended as of June 2, 2010, filed as an exhibit to Raytheon Company’s Quarterly Report on Form 10-Q for the quarter ended June 27, 2010, is
hereby incorporated by reference.
|
|
|
|
|
*3.4
|
|
Certificate of Amendment of Restated Certificate of Incorporation of Raytheon Company, as amended as of May 29, 2014, filed as an exhibit to the Company’s Definitive Proxy Statement for the year ended
December 31, 2013, is hereby incorporated by reference.
|
|
|
|
|
3.5
|
|
Raytheon Company Amended and Restated By-Laws, as amended as of May 26, 2016, filed herewith.
|
|
|
|
|
*4.1
|
|
Indenture relating to Senior Debt Securities dated as of July 3, 1995 between Raytheon Company and The Bank of New York, Trustee, filed as an exhibit to the former Company’s Registration Statement on Form S-3, File No.
33-59241, is hereby incorporated by reference.
|
|
|
|
|
*4.2
|
|
Indenture relating to Subordinated Debt Securities dated as of July 3, 1995 between Raytheon Company and The Bank of New York, Trustee, filed as an exhibit to the former Company’s Registration Statement on Form S-3, File No.
33-59241, is hereby incorporated by reference.
|
|
|
|
|
*4.3
|
|
Supplemental Indenture dated as of December 17, 1997 between Raytheon Company and The Bank of New York, Trustee filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 1997, is
hereby incorporated by reference.
|
|
|
|
|
*4.4
|
|
Second Supplemental Indenture, dated as of May 9, 2001, between Raytheon Company and The Bank of New York, Trustee, filed as an exhibit to the Company’s Current Report on Form 8-K filed May 10, 2001, is hereby incorporated by
reference.
|
|
|
|
|
*4.5
|
|
Form of Senior Debt Securities, filed as an exhibit to Raytheon Company’s Registration Statement on Form S-3, File No. 333-58474, is hereby incorporated by reference.
|
|
|
|
|
*4.6
|
|
Form of Subordinated Debt Securities, filed as an exhibit to Raytheon Company’s Registration Statement on Form S-3, File No. 333- 58474, is hereby incorporated by reference.
|
|
|
|
|
**4.7
|
|
Form of stock certificate representing shares of common stock, $0.01 par value per share, of Raytheon Company.
|
|
|
|
|
**4.8
|
|
Form of Certificate of Designation for shares of preferred stock, $0.01 par value per share, of Raytheon Company.
|
|
|
|
|
**4.9
|
|
Form of stock certificate representing shares of preferred stock, $0.01 par value per share, of Raytheon Company.
|
|
|
|
|
**4.10
|
|
Form of Warrant Agreement, including Form of Warrant.
|
|
|
|
|
*4.11
|
|
Agreement of Resignation, Appointment and Acceptance, dated April 1, 2005, between Raytheon Company and The Bank of New York appointing Successor Trustee, Paying Agent and Registrar in connection with certain securities originally
authorized and issued under the Indenture dated as of July 3, 1995, filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 27, 2005, is hereby incorporated by
reference.
|
19
|
|
|
|
|
|
|
|
5.1
|
|
Opinion of Frank R. Jimenez, Vice President, General Counsel and Secretary of Raytheon Company, filed herewith.
|
|
|
|
|
**8.1
|
|
Opinion regarding tax matters.
|
|
|
|
|
12.1
|
|
Statement regarding Computation of Ratio of Earnings to Fixed Charges, filed herewith.
|
|
|
|
|
15
|
|
PricewaterhouseCoopers LLP Awareness Letter, filed herewith.
|
|
|
|
|
23.1
|
|
Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm, filed herewith.
|
|
|
|
|
23.2
|
|
Consent of Frank R. Jimenez (included in Exhibit 5.1).
|
|
|
|
|
24
|
|
Powers of Attorney (included in signature pages).
|
|
|
|
|
**25.1
|
|
Statement of Eligibility of Trustee on Form T-1 under the Trust Indenture Act of 1939, as amended, of the trustee under the Senior Indenture.
|
|
|
|
|
**25.2
|
|
Statement of Eligibility of Trustee on Form T-1 under the Trust Indenture Act of 1939, as amended, of the trustee under the Subordinated Indenture.
|
|
*
|
Incorporated herein by reference.
|
|
**
|
To be filed either by amendment or as an exhibit to a report filed under the Securities Exchange Act of 1934, as amended, and incorporated herein by reference in connection with the offering of offered securities, as
appropriate.
|
(a) The undersigned Registrant hereby undertakes:
(1) to file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: (i) to
include any prospectus required by Section 10(a)(3) of the Securities Act; (ii) to reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar
value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b)
if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and
(iii) to include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;
provided, however
, that
paragraphs (i), (ii) and (iii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to
Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Registration Statement, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the
registration statement;
(2) that, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective
amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof;
(3) to remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
termination of the offering;
20
(4) that, for the purpose of determining liability under the Securities Act of 1933 to any
purchaser:
(A) Each prospectus filed by the Registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the
registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and
(B) Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5) or (b)(7) as part of a registration statement in
reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii) or (x) for the purpose of providing the information required by Section 10(a) of the Securities Act of 1933 shall be deemed to be part
of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in prospectus. As provided in
Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to
which the prospectus relates, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
Provided, however
, that no statement made in a registration statement or prospectus that
is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of
sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date; and
(5) that, for the purpose of determining liability of the Registrant under the Securities Act of 1933 to any purchaser in the
initial distribution of the securities, the undersigned Registrant undertakes that in a primary offering of securities of the undersigned Registrant pursuant to this registration statement, regardless of the underwriting method used to sell the
securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned Registrant will be a seller to the purchaser and will be considered to offer or sell such
securities to such purchaser:
(i) Any preliminary prospectus or prospectus of the undersigned Registrant relating to the offering
required to be filed pursuant to Rule 424;
(ii) Any free writing prospectus relating to the offering prepared by or on behalf of the
undersigned Registrant or used or referred to by the undersigned Registrant;
(iii) The portion of any other free writing prospectus
relating to the offering containing material information about the undersigned Registrant or its securities provided by or on behalf of an undersigned Registrant; and
(iv) Any other communication that is an offer in the offering made by the undersigned Registrant to the purchaser.
(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of
Registrant’s annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act that is incorporated by reference in this Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
(c) The undersigned Registrant hereby undertakes to file an application for the purpose of determining the eligibility of the trustee to act
under subsection (a) of Section 310 of the Trust Indenture Act in accordance with the rules and regulations prescribed by the Securities and Exchange Commission under Section 305(b)(2) of the Act.
(d) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and
controlling persons of the registrant pursuant to the provisions described under Item 15 above, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public
policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final
adjudication of such issue.
21
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant, Raytheon Company, certifies that it has reasonable grounds to
believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the Town of Waltham, Commonwealth of Massachusetts, on
the 6th day of June, 2016.
|
|
|
|
|
RAYTHEON COMPANY
|
|
|
|
|
By:
|
|
/s/ Frank R.
Jimenez
|
|
|
|
Frank R. Jimenez
|
|
|
|
Vice President, General Counsel and Secretary
|
We, the undersigned officers and directors of Raytheon Company, hereby severally constitute and appoint Thomas A.
Kennedy, Anthony F. O’Brien, Frank R. Jimenez and Kevin G. DaSilva and each of them singly, our true and lawful attorney and agent with full power and authority to sign for us and in our names in the capacities indicated below, (i) a
Registration Statement under the Securities Act of 1933, as amended, on Form S-3 or such other form as such attorneys-in-fact, or any of them, may deem necessary or desirable, any amendments thereto, and all post-effective amendments and supplements
to such Registration Statement, for the registration of the Company’s securities; and (ii) a Registration Statement, and any and all amendments thereto, relating to the offering covered hereby filed pursuant to Rule 462(b) under the
Securities Act of 1933, as amended, all in such forms as they or any one of them may approve, to file the same with all exhibits thereto and other documents in connection therewith with the Securities and Exchange Commission and generally to do and
perform each and every act and thing requisite and necessary to be done to the end that such Registration Statement or Registration Statements shall comply with the Securities Act of 1933, as amended, and the applicable Rules and Regulations adopted
or issued pursuant thereto, as fully and to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them or their substitute or resubstitute, may
lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement
has been signed below by the following persons in the capacities and on the date indicated.
|
|
|
|
|
|
|
Signature
|
|
Title
|
|
Date
|
|
|
|
|
|
/s/ Thomas A.
Kennedy
|
|
Chairman and Chief Executive Officer
|
|
|
|
Thomas A. Kennedy
|
|
(
Principal Executive Officer
)
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Anthony F.
O’Brien
|
|
Vice President and Chief Financial Officer
|
|
|
|
Anthony F. O’Brien
|
|
(
Principal Financial Officer
)
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Michael J.
Wood
|
|
Vice President, Controller and Chief
|
|
|
|
Michael J. Wood
|
|
Accounting Officer
(Principal Accounting Officer)
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Tracy A.
Atkinson
|
|
|
|
|
|
Tracy A. Atkinson
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Robert E.
Beauchamp
|
|
|
|
|
|
Robert E. Beauchamp
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
|
|
/s/ James E.
Cartwright
|
|
|
|
|
|
James E. Cartwright
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Vernon E.
Clark
|
|
|
|
|
|
Vernon E. Clark
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Stephen J.
Hadley
|
|
|
|
|
|
Stephen J. Hadley
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Letitia A.
Long
|
|
|
|
|
|
Letitia A. Long
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
/s/ George R.
Oliver
|
|
|
|
|
|
George R. Oliver
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
/s/ Michael C.
Ruettgers
|
|
|
|
|
|
Michael C. Ruettgers
|
|
Director
|
|
June 6, 2016
|
|
|
|
|
|
/s/ William R.
Spivey
|
|
|
|
|
|
William R. Spivey
|
|
Director
|
|
June 6, 2016
|
EXHIBIT INDEX
|
|
|
|
|
Exhibit
No.
|
|
Description
|
|
|
|
|
**1.1
|
|
Form of Underwriting Agreement.
|
|
|
|
|
*3.1
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Raytheon Company Restated Certificate of Incorporation, restated as of April 2, 2002 filed as an exhibit to Raytheon Company’s Registration Statement on Form S-3, File No. 333-85648, is hereby incorporated by
reference.
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*3.2
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Certificate of Amendment of Restated Certificate of Incorporation of Raytheon Company, amended as of May 5, 2005, filed as an exhibit to the Company’s Current Report on Form 8-K filed May 9, 2005, is hereby incorporated by
reference.
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*3.3
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Certificate of Amendment of Restated Certificate of Incorporation of Raytheon Company, amended as of June 2, 2010, filed as an exhibit to Raytheon Company’s Quarterly Report on Form 10-Q for the quarter ended June 27, 2010, is
hereby incorporated by reference.
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*3.4
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Certificate of Amendment of Restated Certificate of Incorporation of Raytheon Company, as amended as of May 29, 2014, filed as an exhibit to the Company’s Definitive Proxy Statement for the year ended December 31, 2013, is
hereby incorporated by reference.
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3.5
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Raytheon Company Amended and Restated By-Laws, as amended as of May 26, 2016, filed herewith.
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*4.1
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Indenture relating to Senior Debt Securities dated as of July 3, 1995 between Raytheon Company and The Bank of New York, Trustee, filed as an exhibit to the former Company’s Registration Statement on Form S-3, File No.
33-59241, is hereby incorporated by reference.
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*4.2
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Indenture relating to Subordinated Debt Securities dated as of July 3, 1995 between Raytheon Company and The Bank of New York, Trustee, filed as an exhibit to the former Company’s Registration Statement on Form S-3, File No.
33-59241, is hereby incorporated by reference.
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*4.3
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Supplemental Indenture dated as of December 17, 1997 between Raytheon Company and The Bank of New York, Trustee filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 1997, is
hereby incorporated by reference.
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*4.4
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Second Supplemental Indenture, dated as of May 9, 2001, between Raytheon Company and The Bank of New York, Trustee, filed as an exhibit to the Company’s Current Report on Form 8-K filed May 10, 2001, is hereby incorporated by
reference.
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*4.5
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Form of Senior Debt Securities, filed as an exhibit to Raytheon Company’s Registration Statement on Form S-3, File No. 333-58474, is hereby incorporated by reference.
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*4.6
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Form of Subordinated Debt Securities, filed as an exhibit to Raytheon Company’s Registration Statement on Form S-3, File No. 333- 58474, is hereby incorporated by reference.
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**4.7
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Form of stock certificate representing shares of common stock, $0.01 par value per share, of Raytheon Company.
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**4.8
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Form of Certificate of Designation for shares of preferred stock, $0.01 par value per share, of Raytheon Company.
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**4.9
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Form of stock certificate representing shares of preferred stock, $0.01 par value per share, of Raytheon Company.
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**4.10
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Form of Warrant Agreement, including Form of Warrant.
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*4.11
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Agreement of Resignation, Appointment and Acceptance, dated April 1, 2005, between Raytheon Company and The Bank of New York appointing Successor Trustee, Paying Agent and Registrar in connection with certain securities originally
authorized and issued under the Indenture dated as of July 3, 1995, filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ended March 27, 2005, is hereby incorporated by
reference.
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5.1
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Opinion of Frank R. Jimenez, Vice President, General Counsel and Secretary of Raytheon Company, filed herewith.
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**8.1
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Opinion regarding tax matters.
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12.1
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Statement regarding Computation of Ratio of Earnings to Fixed Charges, filed herewith.
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15
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PricewaterhouseCoopers LLP Awareness Letter, filed herewith.
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23.1
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Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm, filed herewith.
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23.2
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Consent of Frank R. Jimenez (included in Exhibit 5.1).
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24
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Powers of Attorney (included in signature pages).
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**25.1
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Statement of Eligibility of Trustee on Form T-1 under the Trust Indenture Act of 1939, as amended, of the trustee under the Senior Indenture.
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**25.2
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Statement of Eligibility of Trustee on Form T-1 under the Trust Indenture Act of 1939, as amended, of the trustee under the Subordinated Indenture.
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*
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Incorporated herein by reference.
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**
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To be filed either by amendment or as an exhibit to a report filed under the Securities Exchange Act of 1934, as amended, and incorporated herein by reference in connection with the offering of offered securities, as
appropriate.
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