Dr. Thomas Kennedy, a former Raytheon (NYSE: RTN) company vice president and president of the integrated defense systems business, has been promoted to executive vice president and chief operating officer.
The company appointed Kennedy to the newly-created position as it is also realigning its business structure, expanding three business segments out of its former network centric systems business, the company said Monday.
Effective April 1, Raytheon will comprise of the intelligence, information and services; integrated defense systems; missile systems; and space and airborne systems businesses.
Raytheon is combining its intelligence and information systems and technical services businesses for the first segment and expanding the latter three segments out of the network centric systems business.
Daniel Crowley will succeed Kennedy as president of the integrated defense systems business, Lynn Dugle will serve as president of the IIS business and John Harris II, former president of technical services, will report to Dugle as vice president and general manager.
“As we continue to operate in an increasingly competitive budget environment, our ability to enhance our operations, expand our global reach, and coordinate our development opportunities is critical to our success, ” said William Swanson, chairman and CEO.
Kennedy will report to directly to Swanson and lead the company’s consolidation efforts and day-to-day operating activities.
He will also hold oversight over the company’s enterprise functions such as engineering, technology and mission assurance, contracts, supply chain, business development and its global business services group.