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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 July 2023, Raytheon Technologies renamed themselves to RTX Corporation and merged the Raytheon Intelligence & Space and Raytheon Missiles & Defense business segments to form a new Raytheon business segment. [38] In August 2024, RTX agreed to pay a $200 million fine for the unauthorized export of defense technology to China, Russia, Iran, and ...
Raytheon Intelligence & Space (RIS) was one of the four business segments of U.S. defense and aerospace conglomerate RTX Corporation. [5] Headquartered in Arlington, Virginia, RIS has a total employment of 39,000 and 2019 sales of US$15 billion. Roy Azevedo is the segment's president. [6]
RTX Corporation (RTX) YTD gain: 44.17% Better known by its former name, Raytheon Technologies, RTX Corporation is the second largest defense contractor in the United States.
The commercial aerospace and defense giant just raised its full-year guidance, and its backlog stands at a new record.
In common with Lockheed Martin, RTX stock looks like a lot of the positive news on missile demand is already baked in the price, but if RTX can keep improving its defense business margins, that ...
Raytheon Missiles & Defense (RMD) was one of four business segments of RTX Corporation.Headquartered in Tucson, Arizona, its president was Wes Kremer. [1] The business produced a broad portfolio of advanced technologies, including air and missile defense systems, precision weapons, radars, and command and control systems. [2]
However, RTX's defense business deserves some circumspection. For example, the company lowered its expectations on full-year free cash flow by $1 billion on the second-quarter earnings call due to ...
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