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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 1958, Raytheon acquired the marine electronics company Applied Electronics Company to make commercial marine navigation and radio gear, as well as less-expensive Japanese suppliers of products such as marine/weather band radios and direction-finding gear. [16] [failed verification] In the same year, it changed its name to Raytheon Company.
An ELCAN C79 3.4x28 sight. Raytheon ELCAN Optical Technologies, also simply ELCAN (Ernst Leitz CANada), [1] is a Canadian optics and electronics manufacturing company owned by American defense contractor RTX Corporation, currently based in Midland, Ontario.
The new company reported $26 billion of combined sales in 2019 and is composed of 68,000 employees. [1] [6] In 2020 United Technologies merged with Raytheon Company to form Raytheon Technologies. In July 2023, Collins agreed to sell its actuation and flight controls business unit to French multinational Safran in an all-cash deal worth $1.8 ...
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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.
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Buybacks, however, seem to be Raytheon's preferred method of returning shareholder cash -- between 2006 and 2010, Raytheon repurchased over $6 billion of its own shares versus $2.3 billion paid as ...