of Employees: 126,000 Market Cap: $167.50 billion RTX Corporation was formed in 2020 through the merger of Raytheon Company and United Technologies Corporation (UTC), combining aerospace and defense technologies with commercial aviation. Raytheon was founded in 1922 as an electrical engineering company that evolved into a key player in defense electronics, and UTC was established in 1934. UTC developed components like Pratt & Whitney engines and Collins Aerospace systems.
As of late 2024, RTX Corporation ranks among the top defense buy belarus whatsapp number database contractors globally, holding the third position globally and second in the U.S., according to Defense News. The merger broadened their offerings in military and commercial aerospace sectors, delivering systems from aerospace equipment and advanced weapons systems to airframe components. In 2023, RTX Corporation reported revenues of approximately $68.9 billion, up from $67.07 billion in 2022.
Product offerings, including missile systems, naval systems, and advanced aerospace technologies. The company leverages its diverse R&D capabilities across its subsidiary sectors — Pratt & Whitney, Collins Aerospace, and Raytheon Missiles & Defense — fostering innovation to meet emerging market needs. Competition RTX Corporation competes with significant players like Boeing, Lockheed Martin, and Northrop Grumman. Its diverse products include the F135 engine for the F-35 Joint Strike Fighter and the Patriot missile system, showcasing its breadth of expertise across various defense and aerospace domains.
Its competitive advantages lie in its comprehensive
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