UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 13F
                               Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: 12/31/2010
Check here if Amendment []; Amendment Number:
                                               -------
This Amendment (Check only one.):               [] is a restatement.
                                                [] adds new holdings entries.

Institutional Investment Manager Filing this Report:


Name:      Coordinating Investment Fiduciary of Raytheon Company Employee
           Benefit Plans
Address:   870 Winter Street
           Waltham, MA 02451


Form 13F File Number:


The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Persons Signing this Report on Behalf of Reporting Manager:

Name:   Paula Sasso
Title:  Manager, Operations
Phone:  781-522-5168

Signature,  Place,  and  Date  of  Signing:

/s/ Paula Sasso                    Waltham, MA                        2/14/2011
- ---------------------------------  ---------------------------------  ----------
[Signature]                        [City, State]                      [Date]



Report  Type  (Check  only  one):

[X]     13F HOLDINGS REPORT. (Check here if all holdings of this reporting
        manager are reported in this report.)

[ ]     13F NOTICE. (Check here if no holdings reported are in this report,
        and all holdings are reported by other reporting manager(s).)

[ ]     13F COMBINATION REPORT. (Check here if a portion of the holdings for
        this reporting manager are reported in this report and a portion are
        reported by other reporting manager(s).)

List of Other Managers Reporting for this Manager:


Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 46 Form 13F Information Table Value Total: $ 2,416,879 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE

FORM 13F INFORMATION TABLE COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 - ------------------------------ -------------- --------- -------- ----------------- ---------- -------- ---------------- VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE - ------------------------------ -------------- --------- -------- -------- --- ---- ---------- -------- ---- ------ ---- ISHARES MSCI AUSTRALIA INDEX F ETF 464286103 15083 592885 SH SOLE NONE 0 0 X ISHARES MSCI BRAZIL INDEX FUND ETF 464286400 60266 778634 SH SOLE NONE 0 0 X ISHARESMSCI CANADA INDEX FUND ETF 464286509 91687 2957644 SH SOLE NONE 0 0 X ISHARESMSCI PACIFIC EX-JAPAN ETF 464286665 39505 840885 SH SOLE NONE 0 0 X ISHARES MSCI UNITED KINGDOM IN ETF 464286699 15346 883465 SH SOLE NONE 0 0 X ISHARES MSCI SWEDEN INDEX FUND ETF 464286756 5103 163409 SH SOLE NONE 0 0 X ISHARES MSCI SOUTH KOREA INDEX ETF 464286772 5268 86088 SH SOLE NONE 0 0 X ISHARES MSCI JAPAN INDEX FUND ETF 464286848 10215 936329 SH SOLE NONE 0 0 X ISHARES MSCI HONG KONG INDEX F ETF 464286871 58074 3071078 SH SOLE NONE 0 0 X ISHARES DOW JONES TRANSPORTATI ETF 464287192 20134 218084 SH SOLE NONE 0 0 X ISHARES MSCI EMERGING MARKETS ETF 464287234 129436 2718094 SH SOLE NONE 0 0 X ISHARES MSCI EAFE INDEX FUND ETF 464287465 20326 349057 SH SOLE NONE 0 0 X ISHARES RUSSELL MIDCAP INDEX F ETF 464287499 162865 1600637 SH SOLE NONE 0 0 X ISHARES S&P MIDCAP 400 INDEX F ETF 464287507 10629 117205 SH SOLE NONE 0 0 X ISHARES RUSSELL 1000 VALUE IND ETF 464287598 76672 1181937 SH SOLE NONE 0 0 X ISHARES RUSSELL 1000 GROWTH IN ETF 464287614 52283 913075 SH SOLE NONE 0 0 X ISHARES RUSSELL 1000 INDEX FUN ETF 464287622 230021 3292606 SH SOLE NONE 0 0 X ISHARES RUSSELL 2000 VALUE IND ETF 464287630 56837 799512 SH SOLE NONE 0 0 X ISHARES RUSSELL 2000 INDEX FUN ETF 464287655 137804 1761467 SH SOLE NONE 0 0 X ISHARES RUSSELL 3000 INDEX FUN ETF 464287689 29897 398886 SH SOLE NONE 0 0 X ISHARES DOW JONES US TELECOMMU ETF 464287713 17000 727449 SH SOLE NONE 0 0 X ISHARES DOW JONES US REAL ESTA ETF 464287739 60939 1088975 SH SOLE NONE 0 0 X ISHARES S&P SMALLCAP 600 INDEX ETF 464287804 33313 486539 SH SOLE NONE 0 0 X ISHARES DOW JONES US BASIC MAT ETF 464287838 29123 375975 SH SOLE NONE 0 0 X ISHARES JPMORGAN USD EMERGING ETF 464288281 19596 183000 SH SOLE NONE 0 0 X ISHARES IBOXX $ HIGH YIELD COR ETF 464288513 20361 225511 SH SOLE NONE 0 0 X VANGUARD FTSE ALL-WORLD EX-US ETF 922042775 28051 587699 SH SOLE NONE 0 0 X VANGUARD EUROPEAN ETF ETF 922042874 36973 753176 SH SOLE NONE 0 0 X VANGUARD REIT ETF ETF 922908553 33034 596599 SH SOLE NONE 0 0 X VANGUARD TOTAL STOCK MARKET ET ETF 922908769 61416 945875 SH SOLE NONE 0 0 X GLOBAL X NORWAY NORWAY ETF ETF 37950E747 5279 333756 SH SOLE NONE 0 0 X MARKET VECTORS RUSSIA ETF ETF 57060U506 10937 288500 SH SOLE NONE 0 0 X MARKET VECTORS AGRIBUSINESS ETF 57060U605 34406 642620 SH SOLE NONE 0 0 X POWERSHARES INDIA PORTFOLIO ETF 73935L100 9705 381774 SH SOLE NONE 0 0 X SPDR S&P 500 ETF TRUST ETF 78462F103 294146 2338578 SH SOLE NONE 0 0 X SPDR S&P EMERGING SMALL CAP ET ETF 78463X756 1106 19403 SH SOLE NONE 0 0 X SPDR DOW JONES INTERNATIONAL R ETF 78463X863 17837 458186 SH SOLE NONE 0 0 X SPDR S&P INTERNATIONAL SMALL C ETF 78463X871 3106 100704 SH SOLE NONE 0 0 X SPDR S&P HOMEBUILDERS ETF ETF 78464A888 31212 1794843 SH SOLE NONE 0 0 X SPDR S&P MIDCAP 400 ETF TRUST ETF 78467Y107 162294 985514 SH SOLE NONE 0 0 X CONSUMER STAPLES SELECT SECTOR ETF 81369Y308 20614 703303 SH SOLE NONE 0 0 X ENERGY SELECT SECTOR SPDR FUND ETF 81369Y506 97930 1434868 SH SOLE NONE 0 0 X FINANCIAL SELECT SECTOR SPDR F ETF 81369Y605 20494 1284860 SH SOLE NONE 0 0 X INDUSTRIAL SELECT SECTOR SPDR ETF 81369Y704 111743 3201804 SH SOLE NONE 0 0 X UTILITIES SELECT SECTOR SPDR F ETF 81369Y886 11222 358068 SH SOLE NONE 0 0 X WISDOMTREE INDIA EARNINGS FUND ETF 97717W422 17591 666583 SH SOLE NONE 0 0 X