Its not just a fucked company, its most of the large defense contractors. The building I worked in had people from most of the largest companies. I don't think we had anyone from Raytheon, but most of the other big names were present.
A lot of the blame lies with the leadership of the organizations that are hiring the contractors. At some places, a government agency will stick with the same company as long as things are going well, at other places, they automatically accept the lowest bid every single year, even though doing it sabotages their own projects and puts people out of work.
Sounds like your company (or at least your part of Raytheon) is willing to fight for its employees. I made the move to private sector a little over a year ago after my entire team was laid-off. Things are so much better now that its hard for me to consider ever working for the government again, but if things change I'll probably look into Raytheon SI first.
While my corner of Raytheon was not nearly as nice as milspec's is, it was not the situation you describe either. Layoffs from my business unit were rare, though a former business unit had some serious problems after a number of contract losses and overruns. I got raises every year, though about half of them were shit.
We only got involved in big contracts, though. New business that wasn't measured in at least tens of millions was ignored, unless it was an add-on to an existing contract.
A lot of the blame lies with the leadership of the organizations that are hiring the contractors. At some places, a government agency will stick with the same company as long as things are going well, at other places, they automatically accept the lowest bid every single year, even though doing it sabotages their own projects and puts people out of work.
Sounds like your company (or at least your part of Raytheon) is willing to fight for its employees. I made the move to private sector a little over a year ago after my entire team was laid-off. Things are so much better now that its hard for me to consider ever working for the government again, but if things change I'll probably look into Raytheon SI first.