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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.
Tribune Media Company, also known as Tribune Company, was an American multimedia conglomerate headquartered in Chicago, Illinois.. Through Tribune Broadcasting, Tribune Media was one of the largest television broadcasting companies, owning 39 television stations across the United States and operating three additional stations through local marketing agreements.
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.
The two companies are merging, but which stock is the better buy?
In December 2007, the Tribune Company was bought out by Chicago real estate magnate Sam Zell in an $8.2 billion deal. Zell was the company's new chairman. [ 134 ] A year after going private, following a $124 million third-quarter loss, the Tribune Company filed for Chapter 11 bankruptcy protection on December 8, 2008.
The Chicago Tribune is being sued by some of its staffers, who say they and other women and Black journalists are being paid less than their white male counterparts. The complaint filed Thursday ...
In October 2024, Collins Aerospace, a business division of RTX (Raytheon Technologies), announced the first deliveries of its upgraded Venue cabin management system. This latest iteration of the Venue system incorporates advanced smart monitors and an enhanced graphical user interface, designed to improve in-flight entertainment and usability ...
Raytheon made about $36.7 million in profit from the Gulf Cooperation Council contract additions, which involved air-defense system upgrades, and anticipated making more than $72 million on the ...