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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.
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.
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.
The investigations had hung over RTX, formerly known as Raytheon Technologies, since 2019. The company merged with United Technologies in 2020 and changed its name last year.
The company has pumped a combined $13.28 billion into projects in America and the U.K. over the past year, helping drive a 50% boost in net income through the first nine months of 2024. —Michael ...
Raytheon Technologies (RTX) delivered earnings and revenue surprises of 17.76% and -1.71%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the ...
Founded: 2018; 6 years ago () Headquarters: Charlotte, North Carolina, ... In 2020 United Technologies merged with Raytheon Company to form Raytheon Technologies.