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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.
Roy Azevedo is the segment's president. [6] Raytheon Intelligence & Space is the result of a merger between two former Raytheon Company businesses: Raytheon Intelligence, Information and Services (IIS) and Raytheon Space and Airborne Systems (SAS). The merger was finalized on the day that Raytheon Technologies was formed, on 3 April 2020.
Raytheon announced today that CEO William Swanson will step down at the end of March. The defense giant's board has already selected Chief Operating Officer Thomas Kennedy to replace Swanson ...
Thomas L. Phillips (1924–2019) was a chairman and chief executive officer at Raytheon. [1] He was born in Istanbul in 1924 and graduated from the Boston Latin School. Mr. Phillips was hired by Raytheon in 1948. He started as an engineer, working his way up to managing positions. Eventually, in 1964, Mr. Phillips was hired as president.
The Department of Defense awarded Raytheon two contracts on Monday worth a combined $48.2 million. In the larger of the two awards, Raytheon's Company Network Centric Systems unit will receive $34 ...
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.
Before that, he was a Raytheon executive vice president and president of Electronic Systems. As a protégé of Chairman and CEO Dennis Picard and a long-time Raytheon insider, he was the expected candidate to succeed the retiring chairman in the late 1990s. However, Daniel Burnham, an outsider, was elected to succeed Dennis Picard as Chairman ...