Trust
We act with integrity and do the right thing.
At Raytheon UK, we ensure that our core principles and our commitment to the highest ethical standards is embodied across the company’s operations – and reflected throughout our supply chain.
This is illustrated by our work on strengthening the diversity and inclusion of our workforce, our disability confidence initiatives and mental health support programmes, and our investments in developing a rigid ethical compliance scheme for our supply chain.
Collaboration
We share insights, learn together and perform as a team.
Respect
We embrace diverse perspectives and treat others the way they want to be treated.
Innovation
We experiment, design, build and transform with speed and agility.
Accountability
We honor our commitments, expect excellence and take pride in our work.
Ethics & Compliance
The values also form the foundation of our Code of Conduct “Stronger Together”. “Stronger Together” guides our culture and decisions, individually and as a collective.
A supply chain which shares our ethics and principles
One of Raytheon UK’s top priorities is to ensure that our whole supply chain is part of our social values and sustainability journey. We are building a diverse supply chain which lives up to our ethical principles and follows the highest cyber security standards.
We work with our supply chain to drive ESG standards and select suppliers based on key criteria areas, such as:
- Environmental sustainability policies and certifications
- Social Value recognition
- Diversity, equality and inclusion
- Human rights and modern slavery prevention
- Locations within ‘levelling up’ priority locations in the UK
We are introducing a Supplier Equality Charter. This will ensure that all the key partners in our supply chain are disability confident and champions of mental health at work.
We are strong believers in leading by example in our ESG work – which is why we have committed to becoming a government-accredited Disability Confident Leader business by 2025. To achieve this, we are proud to be the first UK defence company to partner with the non-profit Business Disability Forum.
With support from the Business Disability Forum we are building a modern disability smart organisation across our policies, processes and facilities.
Supporting UK SMEs
Small and Medium Enterprises (SMEs) are the backbone of UK industry, accounting for around 60% of private sector employment. In 2021, Raytheon UK placed over 600 contracts with SME’s across the UK, supporting UK manufacturing and local, skilled jobs.
To help insulate and support our supply chain from the worst economic effects of Covid, we introduced a prompt payment policy with advanced payments for all SMEs in our supply chain. In total, we delivered over £100m of accelerated payments during the pandemic to support UK businesses.
Highest ethical standards
Raytheon UK is committed to investing in the training of our workforce in this important area. By 2025, every employee at Raytheon UK will have received ethics procedure training. This will ensure we have a knowledgeable and informed workforce that demonstrates commitment to always working at the highest ethical standards.
Case study: Strong culture & principles enables Raytheon UK to push boundaries
A thriving culture based on strong principles is what will drive our innovation throughout this century. And pushing boundaries is at the heart of our heritage. In 1908, an enterprising young Londoner called Alfred Charles Cossor saw the small electronics firm he founded, the A.C. Cossor Company (a forerunner to Raytheon Systems Limited), first listed as a private company.
Over the next 100 years, the firm has been central to some of the greatest technological advances in British history, from the iconic Melody Maker wireless radio sets that piped swing music and BBC news into U.K. living rooms during the 1920s, to the Chain Home Radar that helped protect the nation during the Battle of Britain.
The transatlantic tech partnership that entrepreneur Alfred Charles Cossor began in 1908 continues to push boundaries and continues to help make the UK a safer and better place to live – to this day in the form of Raytheon UK.
Business resilience and crises management
39%, of UK businesses identified at least one cyber-attack on their operations in the last 12 months, according to the UK government's 'Cyber Security Breaches Survey 2022' report.
To ensure our suppliers recognise and help protect themselves from cyber-attacks, we have set a target of having every key UK company in our supply chain Cyber Essentials certified by 2025.
This means that all the key UK businesses we deal with will have the knowledge and systems in place to protect against the vast majority of common cyber-attacks.
We will also be developing a supplier portal that will provide a cyber security knowledge hub, which will assist our suppliers in ensuring they are prepared for cyber threats.
Data Security and Privacy
When everything is connected, security is everything. Our business divisions deliver solutions that protect every side of cyber for government agencies, businesses and nations. We protect the most critical information, systems and operations with breakthrough solutions.
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