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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 company was allowed to pay only half the fine to the government and to put half of the fine toward “remedial compliance measures to strengthen RTX’s compliance program.” [42] In October 2024, RTX agreed to pay nearly $1 billion to settle allegations of defrauding the U.S. Defense Department and bribing a Qatari military official ...
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.
United Technologies Corporation (UTC) was an American multinational conglomerate headquartered in Farmington, Connecticut. [1] It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others.
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Raytheon Missiles & Defense (RMD) was one of four business segments of RTX Corporation.Headquartered in Tucson, Arizona, its president was Wes Kremer. [1] The business produced a broad portfolio of advanced technologies, including air and missile defense systems, precision weapons, radars, and command and control systems. [2]
Ortberg would remain with the company through its merger with Raytheon in 2020 to form the RTX Corporation. He retired from RTX in 2021. [12] [9] [6] Ortberg was chair of the board of governors of the Aerospace Industries Association. [12] He is on the board of directors of Aptiv. [13]
Raytheon BBN (originally Bolt, Beranek and Newman, Inc.) is an American research and development company based in Cambridge, Massachusetts, United States. [1]In 1966, the Franklin Institute awarded the firm the Frank P. Brown Medal, in 1999 BBN received the IEEE Corporate Innovation Recognition, and on 1 February 2013, BBN was awarded the National Medal of Technology and Innovation, the ...