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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.
Raytheon's "Cyber Products" business was also merged into the new brand. [26] [28] At the time, Forcepoint had 2,000 employees, with one-third of its customers being departments in the federal government of the United States. [28] Forcepoint was the smallest of five major businesses owned by Raytheon, but had the highest profit margin. [28]
Raytheon Technologies insiders own about US$119m worth of shares (which is 0.1% of the company). This kind of significant ownership by insiders does generally increase the chance that the company ...
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 ...
Total headcount reduction as a result of the restructuring should not be more than 200 out of Raytheon's 67,800 employees. As a result, severance charges should be insignificant and Raytheon says ...
In October 2024, Collins Aerospace, a business division of RTX (Raytheon Technologies), announced the first deliveries of its upgraded Venue cabin management system. This latest iteration of the Venue system incorporates advanced smart monitors and an enhanced graphical user interface, designed to improve in-flight entertainment and usability ...
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.