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RTX Corporation, formerly Raytheon Technologies, is a U.S.-based aerospace and defense company operating in the Industrials sector. Formed in 2020 through the merger of Raytheon Company and United Technologies Corporation (UTC), the group combines commercial aerospace and defense technologies under a single structure.
Headquartered in the United States, RTX provides products and services to governments, defense agencies, and commercial aviation customers worldwide.
The company operates through major business units that include:
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Collins Aerospace: Aviation systems, avionics, and aerospace components.
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Pratt & Whitney: Aircraft engines for commercial and military aviation.
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Raytheon (Defense businesses): Missile systems, radar technologies, air defense, and intelligence solutions.
RTX serves both commercial aviation and defense markets, generating revenue from aircraft engines, aerospace systems, missile defense platforms, and intelligence technologies.
The company maintains a global footprint with operations in multiple countries and a large workforce supporting research, manufacturing, and technical services.
Demand for RTX’s products is influenced by global defense spending, commercial air travel trends, geopolitical developments, and aerospace innovation cycles.
RTX shares trade on the New York Stock Exchange (NYSE) under the ticker RTX.
History and Development
RTX was created in 2020 through the merger of Raytheon Company, a defense contractor founded in the early 20th century, and United Technologies Corporation, an industrial conglomerate with strong aerospace operations.
The merger combined Raytheon’s defense and missile expertise with UTC’s aviation businesses, including Pratt & Whitney and Collins Aerospace.
In the years following the merger, the company streamlined operations and strengthened its focus on aerospace and defense technologies.
Recently, the group adopted the corporate name RTX, reflecting a simplified brand identity while maintaining its core aerospace and defense portfolio.
Today, RTX positions itself as a major global player in aircraft engines, aerospace systems, and defense technologies, supported by long-term contracts and exposure to both commercial aviation and government spending.
Additional Information
Raytheon Technologies Corp. (United States) is listed on the NYSE and has a market capitalization of $268.59 billion, with shareholders equity totaling $68.03 billion.
The company employs approximately 181.000 people and operates in the Capital Assets sector, within the Space Transport and Defense industry.
Over the past 12 months, Raytheon Technologies Corp. reported $90.37 billion in revenue, generating net income of $7.26 billion.
Key financial metrics include a P/E ratio of 37.02, a price-to-book (P/B) ratio of 3.95, and a trailing twelve-month dividend yield of 1.39%.
The company trades under the ticker RTX.
