2021 U.S.-Booked Air Volume: $55 million
2021 Companywide T&E: $250 million
Primary Air Suppliers: American, Delta, United
Primary Hotel Suppliers: Hilton, Hyatt, IHG, Marriott
Primary Car Rental Supplier: Avis
Primary Global Online Booking Tool: Concur Travel
Primary U.S. Payment Supplier: Citi
Defense contractor Raytheon in 2021 roughly held the line in
terms of business travel volume, with U.S.-booked air spending only slightly
below 2020 levels. The company spent about $295 million on U.S.-booked air
spending in 2019, with total travel and entertainment spending at $677 million.
The company this year has returned to business travel but
has maintained a level of required pre-trip managerial approval for
international restricted and high-risk countries. The firm continues to work
through integration mechanics following Raytheon’s 2020 merger with former
Corporate Travel 100 firm United Technologies Corp.
Raytheon Technologies in 2021 roughly split its business
travel volume between travel management companies American Express GBT and BCD
Travel, but in 2022 the company awarded its travel management business to Amex
GBT. That transition began July 1 in a phased approach, with a completion data
of April 2023.
Raytheon in July 2022 moved its corporate headquarters from
Waltham, Mass., to Arlington, Va.