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Raytheon Technologies began trading at $51 per share, on the New York Stock Exchange under the ticker RTX. [57] [58] A U.S. soldier firing a Javelin. On July 28, 2020, the company announced cutting of over 8,000 jobs in its commercial aviation division due to travel slowdown induced by the global COVID-19 pandemic. [59]
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.
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others.
A look at the shareholders of Raytheon Technologies Corporation ( NYSE:RTX ) can tell us which group is most powerful...
The commercial aerospace and defense giant just raised its full-year guidance, and its backlog stands at a new record.
RTX is a more attractive stock post-earnings, but valuations still matter, and trading at slightly more than 20 times its estimated 2025 earnings, RTX doesn't look like a great value.
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).
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