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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 1925, the company changed its name to Raytheon Manufacturing Company and began marketing its rectifier, under the Raytheon brand name, with commercial success. In 1928 Raytheon merged with Q.R.S. Company, an American manufacturer of electron tubes and switches, to form the successor of the same name, Raytheon Manufacturing Company.
The company also developed electronics programs and systems for business, industrial, and non-defense government programs and agencies. [7] E-Systems was renamed Raytheon Intelligence and Information Systems. In 2013, Raytheon Company announced the consolidation of its six internal business units to four. [8]
Raytheon Co., part of parent defense contractor RTX, will pay more than $950 million to resolve Justice Department allegations that it defrauded the Defense Department (DOD) and paid bribes to a ...
RTX Corporation, the defense contractor formerly known as Raytheon, agreed Wednesday to pay more than $950 million to resolve allegations that it defrauded the government and paid bribes to secure ...
On Wednesday, Raytheon announced that it has acquired the Government Solutions business of privately held data security company SafeNet. In a statement, Raytheon noted that: The acquisition ...
The business was a combination of two Raytheon Company legacy businesses, Raytheon Integrated Defense Systems (IDS) and Raytheon Missile Systems (RMS), which operated a plant formerly owned by the Hughes Aircraft Company. [citation needed] Raytheon had been criticized for selling arms to Saudi Arabia that were used in the Yemen Civil War. These ...
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