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Raytheon has matured into a defense industry giant in the years since 1922, when two former college roommates and a scientist launched the enterprise in Cambridge, Mass. The company generated more than $23 billion in sales in 2008, employed about 73,000 people and climbed four spots to No. 108 on the Fortune 500 list. But Chief Learning Officer Diane Holman and other Raytheon executives call the company "87 years young." Despite more than 55 years in the global arena and offices in 19 countries, Raytheon sees itself on the edge of a new era in international growth.
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