Official Name: Raytheon Technologies Corporation
Headquarters: Waltham, MA, United States
CEO: Mr. Gregory J. Hayes
USD as of April 1, 2022
Raytheon Technologies Corporation is a multinational conglomerate primarily involved in the aerospace and defense industry. It is engaged in the research, development, and manufacturing of aircraft engines, avionics, aerostructures, cybersecurity, missiles, air defense systems, and drones, and provides associated engineering solutions for both commercial applications and defense.
|Company||Market Cap (USD)|
|Lockheed Martin Corporation||$124.98 B|
|The Boeing Company||$110.46 B|
|Northrop Grumman Corporation||$73.25 B|
|General Dynamics Corporation||$70.55 B|
Raytheon Technologies Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for aircraft manufacturers and airlines, as well as regional, business, and general aviation; and for defense and commercial space operations. This segment also designs, produces, and supports cabin interior, communications and aviation systems, oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; airborne intelligence, surveillance and reconnaissance systems, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and information management services. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon Intelligence & Space segment develops and provides integrated space, communication, and sensor systems for missions, training, and cyber and software solutions to intelligence, defense, federal, and commercial customers. The Raytheon Missiles & Defense segment designs, develops, produces, and sustains integrated air and missile defense systems; defensive and combat solutions; land- and sea-based radars; command, control, communications, and intelligence solutions; and naval and undersea sensor solutions for the U.S. and foreign government customers. The company is headquartered in Waltham, Massachusetts.
Raytheon Technologies Corporation is an American multinational aerospace and defense conglomerate headquartered in Waltham, Massachusetts. It is one of the largest aerospace, intelligence services providers, and defense manufacturers in the world by revenue and market capitalization. Raytheon Technologies (RTX) researches, develops, and manufactures advanced technology products in the aerospace and defense industry, including aircraft engines, avionics, aerostructures, cybersecurity, guided missiles, air defense systems, satellites, and drones. The company is also a large military contractor, getting a significant portion of its revenue from the U.S. government. The company is the result of the merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company, which was completed on April 3, 2020. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. UTC is the nominal survivor of the merger but it changed its name to Raytheon Technologies and relocated its headquarters to Waltham. Former UTC CEO and chairman Gregory J. Hayes is Chairman and CEO of the combined company. The company has four subsidiaries: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense.
Source: Wikipedia, retrieved on April 4, 2022, 2:51 p.m.
Gregory J. Hayes (Chairman and CEO)
Revenue: US$56.58 billion (2020)
Operating income: US$−1.88 billion (2020)
Net income: US$−3.47 billion (2020)
Total assets: US$162.15 billion (2020)
Total equity: US$72.16 billion (2020)