Raytheon Company announced the appointment of David C. Wajsgras as President, Raytheon Intelligence, Information and Services (IIS) business, succeeding Lynn A. Dugle, who has announced plans to retire from the company. Additionally, Kennedy has appointed Anthony F. "Toby" O'Brien vice president and Chief Financial Officer, succeeding Wajsgras. The new appointments are effective March 2, 2015.

David C. Wajsgras joined Raytheon as senior vice president and Chief Financial Officer in 2006, leading the company's merger and acquisition activity, planning and analysis, financial reporting and controls, investor relations, and global tax and treasury operations. Anthony F. O'Brien joined Raytheon in 1986, holding numerous finance positions of increasing responsibility with the company over the course of his 29-year career. He most recently served as vice president and chief financial officer for Raytheon's Integrated Defense Systems (IDS) business.

In this role, O'Brien was responsible for providing focus and leadership to various strategic initiatives at the business unit, as well as improved effectiveness and efficiency in the organizational structure.