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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 August 2020 BAE Systems completed the purchase of United Technologies' military GPS businesses for $1.9 billion and Raytheon's military airborne radios business for $275 million. The sale of these two business was a condition of the merger approval that saw their two parent companies merge to form Raytheon Technologies. [113]
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.
The combined company, valued at more than $100 billion after planned spinoffs, would be the world's second-largest aerospace-and-defense company by sales behind Boeing. [21] Although UTC was the nominal survivor, the merged company was headquartered at legacy Raytheon's former base in Waltham, Massachusetts. [22] The merger was completed in ...
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.
Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2023. [1] All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 [2] unless otherwise specified.
The following is a list of the world's largest manufacturing companies, ordered by revenue in millions of U.S. dollars according to the Fortune Global 500. Currently the 50 biggest companies by revenue are included.
This list comprises the largest companies currently in Europe by revenue as of 2023, according to the Fortune 500 tally of companies and Forbes. In 2023, largest company in Europe was the Volkswagen Group with revenue of US$348 billion. [1] Volkswagen Group headquarters in Wolfsburg, Germany. Volkswagen is Europe's largest and the world's ...