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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.
Pratt & Whitney is an American aerospace manufacturer with global service operations. [2] It is a subsidiary of RTX Corporation (formerly Raytheon Technologies). Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airliners) and military aviation.
The two companies are merging, but which stock is the better buy?
Products manufactured and sold by Raytheon Company. Some were originally developed by other companies later acquired by Raytheon - including Hughes Aircraft , Texas Instruments , and Beechcraft . Subcategories
Raytheon made about $36.7 million in profit from the Gulf Cooperation Council contract additions, which involved air-defense system upgrades, and anticipated making more than $72 million on the ...
Raytheon claimed to have invested $45 million in the project. [20] Another factor that contributed to the cancellation of the project was costs attributed with guideway construction. [ 33 ] Shortly after Raytheon announced it would leave the PRT business, they expressed slight interest in still building the system. [ 34 ]
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 ...