Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Jones Jon C
 2. Date of Event Requiring Statement (Month/Day/Year)
11/07/2005		 3. Issuer Name and Ticker or Trading Symbol
RAYTHEON CO/ [RTN]
(Last)
(First)
(Middle)
870 WINTER STREET		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WALTHAM, MA 02451		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 7,000
D
 
Common Stock 4,117 (1)
I
401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option 05/02/1997 05/02/2006 Common Stock 412 $ 52.1135 D  
Employee Stock Option 05/02/1998 05/02/2006 Common Stock 412 $ 52.1135 D  
Employee Stock Option 05/02/1998 05/02/2007 Common Stock 529 $ 46.0615 D  
Employee Stock Option 05/02/1999 05/02/2007 Common Stock 530 $ 46.0615 D  
Employee Stock Option 06/24/1999 06/23/2008 Common Stock 525 $ 55.9063 D  
Employee Stock Option 06/24/2000 06/23/2008 Common Stock 525 $ 55.9063 D  
Employee Stock Option 06/23/2000 06/22/2009 Common Stock 550 $ 68.4688 D  
Employee Stock Option 06/23/2001 06/22/2009 Common Stock 550 $ 68.4688 D  
Employee Stock Option 02/25/2001 02/24/2010 Common Stock 800 $ 19.375 D  
Employee Stock Option 02/25/2002 02/24/2010 Common Stock 800 $ 19.375 D  
Employee Stock Option 02/25/2003 02/24/2010 Common Stock 800 $ 19.375 D  
Employee Stock Option 05/23/2002 05/22/2011 Common Stock 666 $ 29.685 D  
Employee Stock Option 05/23/2003 05/22/2011 Common Stock 667 $ 29.685 D  
Employee Stock Option 05/23/2004 05/22/2011 Common Stock 667 $ 29.685 D  
Employee Stock Option 05/13/2003 05/12/2012 Common Stock 1,455 $ 44.45 D  
Employee Stock Option 05/13/2004 05/12/2012 Common Stock 1,804 $ 44.45 D  
Employee Stock Option 05/13/2005 05/12/2012 Common Stock 2,000 $ 44.45 D  
Employee Stock Option 05/13/2003 05/13/2012 Common Stock 545 $ 44.45 D  
Employee Stock Option 05/13/2004 05/13/2012 Common Stock 196 $ 44.45 D  
Employee Stock Option 05/14/2005 05/13/2013 Common Stock 352 $ 31.445 D  
Employee Stock Option 05/14/2006 05/13/2013 Common Stock 2,500 $ 31.445 D  
Employee Stock Option 05/14/2004 05/14/2013 Common Stock 2,500 $ 31.445 D  
Employee Stock Option 05/14/2005 05/14/2013 Common Stock 2,148 $ 31.445 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jones Jon C
870 WINTER STREET
WALTHAM, MA 02451		       Vice President  

Signatures

Jane E. Freedman, Attorney-in-fact 11/14/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The Reporting Person indirectly beneficially owns 4,117 shares of the Issuer's Common Stock based on funds in the Reporting Person's Savings and Investment Plan/Excess Savings Plan Account divided by $37.55, the closing price of the Issuer's Common Stock on November 7, 2005.

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