See Graham's ranking
4.0
Raytheon Technologies Corporation operates in the industrials sector, within the aerospace and defense industry, and was formed in 2020 in the United States through the merger of Raytheon Company and United Technologies Corporation (UTC).
Headquartered in Arlington, Virginia, the company is one of the world’s largest providers of aerospace, defense, and intelligence technologies, serving governments and commercial organizations across multiple countries.
Raytheon Technologies has a diversified portfolio of products and services focused on advanced technological solutions for defense, aviation, and national security. Its main business areas include:
-
Commercial aviation – development and manufacturing of jet engines, control systems, and components for civil aircraft.
-
Defense and security – production of missile systems, radars, sensors, and command and control technologies.
-
Space and intelligence – solutions for satellite systems, communications, monitoring, and space exploration.
-
Integrated systems – engineering and technical support for military forces and government agencies.
The company operates through four main business segments: Collins Aerospace, Pratt & Whitney, Raytheon Missiles & Defense, and Raytheon Intelligence & Space. This structure allows the company to serve diverse markets, ranging from commercial aviation to complex defense programs.
With over 180,000 employees worldwide, Raytheon Technologies maintains operations in more than 40 countries, supported by research centers, manufacturing facilities, and technical support units strategically distributed across the globe.
In addition, the company invests heavily in innovation and sustainability, developing technologies that reduce the environmental impact of aviation and improve the energy efficiency of its defense and propulsion systems.
Raytheon Technologies Corporation is listed on the New York Stock Exchange (NYSE) under the ticker RTX.
History and Founding of Raytheon Technologies Corporation
Raytheon Technologies Corporation was officially established in 2020 in the United States, following the merger between two major industry leaders: Raytheon Company (founded in 1922) and United Technologies Corporation (UTC) (founded in 1934).
The merger aimed to combine Raytheon’s expertise in defense and intelligence with UTC’s leadership in aerospace technology, creating one of the world’s largest companies in the fields of technology and defense.
Raytheon Company had a long-standing reputation for developing advanced defense and missile systems, contributing significantly to U.S. military and national security programs — including the iconic Patriot Missile System.
Meanwhile, United Technologies Corporation was globally recognized for its industrial subsidiaries such as Pratt & Whitney, a major jet engine manufacturer, and Collins Aerospace, a leading provider of systems for commercial and military aviation.
After the merger, the new corporation combined defense, intelligence, aviation, and space technologies, serving governments and airlines around the world.
Between 2020 and 2024, Raytheon Technologies invested heavily in research and development of emerging technologies such as artificial intelligence, autonomous systems, and hybrid-electric propulsion, while modernizing its aerospace components and engine lines.
In 2023, the company rebranded itself as RTX Corporation, reflecting its renewed corporate identity and focus on innovation.
Today, Raytheon Technologies (RTX) stands as a global leader in aerospace and defense technology, playing a strategic role in advancing security, mobility, and sustainability worldwide.
Additional Information
The Company Raytheon Technologies Corp. (United States), is listed on NYSE with a market cap of $ 227.88 Billions, having an equity of $ 66.39 Billions.
With a total of 181.000 employees, the company is listed in the sector of Capital Assets and categorized in industry of Space Transport and Defense.
In the last 12 months the Company had a revenue of $ 85.99 Billions, which generated a profit in the amount of $ 6.59 Billions.
As for its main indicators, the Company has a P/E ratio of 34.57, a P/BV ratio of 3.43 and in the last 12 months the dividend yield of RTX was at 1.54%.
The Company is traded internationally through the ticker RTX.
