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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.
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.
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.
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 Technologies Corp, which has commercial aircraft makers Boeing and Airbus as customers, expects to face inflation pressure in the coming years, its chief executive officer said on Wednesday.
The merger is expected to be wholly in the first half of 2020 once United Technologies has completely separated from Otis and Carrier. The combined firm with Raytheon will be worth $100 million.
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Raytheon Technologies (RTX) closed at $104.55 in the latest trading session, marking a +0.24% move from the prior day.