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RTX Corporation, formerly Raytheon Technologies Corporation, [3] [4] is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia.It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services.
The Raytheon Company was a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies Corporation to form Raytheon Technologies, [ 3 ] which changed its name to RTX Corporation in July 2023.
In August 2017, it acquired user and entity behavior analytics company RedOwl. [27] [30] In the fourth quarter of 2019, Raytheon acquired the remaining 20% of the company from Vista Ventures Partners LLC for $588 million. [2] In October 2020, Francisco Partners announced their agreement to acquire Forcepoint from Raytheon successor RTX Corporation.
A look at the shareholders of Raytheon Technologies Corporation ( NYSE:RTX ) can tell us which group is most powerful...
Let's see if Raytheon Technologies Corporation (RTX) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
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Collins Aerospace was the owner of Ithaco Space Systems, Inc., formerly owned by Goodrich Company and its successor UTC Aerospace Systems. In September 2020, Raytheon Technologies Corp. (NYSE: RTX) completes the sale of its electro-optics technology business headquartered in Danbury, Connecticut to AMERGINT Technologies Holdings, Inc. (ATH).
The commercial aerospace and defense giant just raised its full-year guidance, and its backlog stands at a new record.