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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.
Raytheon acquired an 80% interest in Websense in April 2015 for $1.9 billion and acquired the remaining 20% interest in 2019. In 2015, Websense acquired network security vendor Stonesoft from Intel and in 2016, the company was renamed Forcepoint. Francisco Partners acquired the company from Raytheon successor RTX Corporation in January 2021.
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.
The market doesn't seem to like the merger of equals that Raytheon (NYSE:RTN) and United Technologies (NYSE:UTX) presented on June 9. Shares initially popped on the news, but have come down as a ...
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Raytheon Technologies (RTX) looks cheap given its present valuation, and from a historical standpoint. Given the company’s own guidance, its earnings could grow 12% this year and its free cash ...
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.
Raytheon Technologies (RTX) closed at $57.46 in the latest trading session, marking a -0.14% move from the prior day. Raytheon Technologies (RTX) Stock Sinks As Market Gains: What You Should Know ...