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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.
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.
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 ]
The merger is expected generate a conglomerate worth $121 million. Raytheon's (RTN) shares rise after shareholders approve for its merger with United Technologies. The merger is expected generate ...
While United Technologies and Raytheon have some common customers, their business overlap is limited, an argument the companies plan to make once U.S. antitrust regulators start scrutinizing the ...
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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.
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