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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.
In 2013, Vista Equity Partners acquired the company for $906 million. [6] Websense headquarters were moved to San Diego that year [4] and to Austin, Texas in 2014. [7] In 2015, Raytheon acquired the firm from Vista Equity Partners for $1.9 billion [20] and combined it with RCP, formerly part of its IIS segment, to form Raytheon|Websense. [21]
The Raytheon Company was a major U.S. defense ... Raytheon reported earnings of US$2.024 billion, with an annual revenue of US$25.348 billion, an increase of 5.1% ...
Originally founded as LTV Electro Systems in the mid-1960s, the company changed its name to E-Systems in the early 1970s. [4] [5] In 1995, Raytheon Company acquired E-Systems, Inc., [6] a Texas-based company that designed, developed, produced, and serviced high-technology systems including surveillance, verification, and aircraft ground-land navigation equipment.
Kinecta was originally known as the Hughes Aircraft Employees Federal Credit Union (HAEFCU). HAEFCU was formed in 1940 by twelve Hughes Aircraft engineers with total assets of $60. In 2001, HAEFCU changed its name to Kinecta Federal Credit Union after Raytheon Corporation's 1997 acquisition of Hughes Aircraft Company. [1]
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Many Raytheon Technologies Corporation ( NYSE:RTX ) insiders ditched their stock over the past year, which may be of...
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