SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                              ---------------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of Report (date of earliest event reported): October 31, 2001

                                RAYTHEON COMPANY
             (Exact name of registrant as specified in its charter)


        Delaware                      1-13699                  95-1778500
(State of Incorporation)     (Commission File Number)         (IRS Employer
                                                         Identification Number)

           141 Spring Street
       Lexington, Massachusetts                                    02421
(Address of principal executive offices                          (Zip Code)

       Registrant's telephone number, including area code: (781) 862-6600





Item 5.  Other Events.

         On October 31, 2001,  Raytheon Company (the "Company")  closed a public
offering of  31,578,900  shares of its common  stock,  par value $0.01 per share
(the  "Common  Stock"),  which  includes  Common Stock issued as a result of the
exercise  of the  over-allotment  options  granted  to the  underwriters  in the
offering.

         On April 6, 2001 the Company filed a registration  statement  (File No.
333-58474)  on Form S-3,  which  amended its  registration  statement  (File No.
333-82529) on Form S-3 (together,  the "Registration  Statements"),  and related
base prospectus (the  "Prospectus")  registering,  among other  securities,  the
Common Stock  pursuant to Rule 415 under the  Securities Act of 1933, as amended
(the "Act"), which was declared effective on April 13, 2001. On October 22, 2001
the Company filed a registration  statement (File No.  333-71974) on Form S-3 to
register  additional  securities under the Registration  Statements  pursuant to
Rule 462(b) under the Act, which was declared  automatically  effective the same
day.

         On  October  22,  2001,  the  Company  filed a  preliminary  prospectus
supplement  for the Common  Stock,  dated October 22, 2001,  which  included the
Prospectus  and on  October  26,  2001,  the  Company  filed a final  prospectus
supplement for the Common Stock dated October 25, 2001,  which also included the
Prospectus.  In connection  with this  offering,  the Company is filing  certain
exhibits as part of this Form 8-K. See "Item 7. Exhibits."

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

(a)      Financial Statements:  None.

(b)      Pro Forma Financial Information:  None.

(c)      Exhibits.

Exhibit No.   Item

1.1           Form of Underwriting Agreement.

1.2           Terms  Agreement,  dated  as  of  October  25,  2001,  among
              Raytheon Company and Credit Suisse First Boston  Corporation
              and Morgan Stanley & Co.  Incorporated as representatives of
              the  several  Underwriters  (as  defined  therein)  for  the
              purchase of the Common Stock.







                                    SIGNATURE

         Pursuant to the  requirements of Section 12 of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned hereunto duly authorized.


Dated: October 31, 2001


                                     RAYTHEON COMPANY


                                     By: /s/ John W. Kapples
                                         Name:   John W. Kapples
                                         Title:  Vice President and Secretary







                                  EXHIBIT INDEX


Exhibit No.   Item

1.1           Form of Underwriting Agreement.

1.2           Terms  Agreement,  dated  as  of  October  25,  2001,  among
              Raytheon Company and Credit Suisse First Boston  Corporation
              and Morgan Stanley & Co.  Incorporated as representatives of
              the  several  Underwriters  (as  defined  therein)  for  the
              purchase of the Common Stock.