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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.
In 2020, United Technologies merged with Raytheon Company to form Raytheon Technologies, with Pratt & Whitney becoming one of the new corporation's four main subsidiaries. [ 9 ] In November 2022, Pratt & Whitney was awarded a contract for nearly $4.4 billion by the US DoD to build 100 jet engines for the U.S. military's Air Force, Navy, and ...
United Technologies and Raytheon are seeking to pool resources through what would be the biggest merger in the aerospace and defense sectors. United Technologies provides primarily commercial ...
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.
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 ...
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.
Jul. 27—Aerospace manufacturer Raytheon Technologies Corp. today reported second-quarter net income of $1.03 billion on increased demand for its products and services as commercial air travel ...