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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 Intelligence, Information, and Services (RIIS or IIS) is a business unit of Raytheon Company headquartered in Dulles, Virginia. [2] IIS specializes in intelligence, surveillance, and reconnaissance , advanced cybersecurity services; weather and environmental services, and information-based services for homeland security .
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With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
Headquartered in Arlington, Virginia, RIS has a total employment of 39,000 and 2019 sales of US$15 billion. 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 ...
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NEW YORK/BOSTON (Reuters) -RTX agreed to pay nearly $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for defense systems and bribed an official ...