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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.
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The new company reported $26 billion of combined sales in 2019 and is composed of 68,000 employees. [1] [6] In 2020 United Technologies merged with Raytheon Company to form Raytheon Technologies. In July 2023, Collins agreed to sell its actuation and flight controls business unit to French multinational Safran in an all-cash deal worth $1.8 ...
Today we're going to take a look at the well-establishedRead More... Help shape the future of investing tools and receive a $20 prize! What Does Raytheon Company’s (NYSE:RTN) Share Price Indicate?
Many Raytheon Technologies Corporation ( NYSE:RTX ) insiders ditched their stock over the past year, which may be of...
In 2020, United Technologies merged with Raytheon Company to form Raytheon Technologies, with Pratt & Whitney becoming one of the new corporation's four main subsidiaries. [ 9 ] In November 2022, Pratt & Whitney was awarded a contract for nearly $4.4 billion by the US DoD to build 100 jet engines for the U.S. military's Air Force, Navy, and ...