Raytheon Technologies Corp. is a multinational conglomerate headquartered in Waltham, Massachusetts, U.S. It was formed on April 3, 2020, through the merger of the Raytheon Company with the United Technologies Corporation (UTC).
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Raytheon Company
The Raytheon Company was founded in 1922 by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company.
United Technologies Corporation
United Aircraft Corporation was formed in 1934 from the portions of United Aircraft and Transport east of the Mississippi River (Pratt & Whitney, Sikorsky, Vought, and Hamilton Standard Propeller Company) with Frederick Rentschler, founder of Pratt & Whitney.
United Aircraft and Transport Corporation was a large firm that uniting business interests in all aspects of aviation – a combination of aircraft engine and airframe manufacturing and airline business. It was founded in 1929, by William Boeing of the Boeing firms and Frederick Rentschler of Pratt & Whitney.
The company operates through four subsidiaries: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense.
Collins Aerospace
The Collins Aerospace segment is specializing in aerostructures, avionics, interiors, mechanical systems, mission systems, and power and control systems.
Pratt & Whitney
The Pratt & Whitney business segment designs, manufactures and services the world’s most advanced aircraft engines and auxiliary power systems for commercial, military, and business aircraft.
Raytheon Intelligence & Space
The Raytheon Intelligence & Space business unit develops advanced sensors, training, and cyber and software solutions.
Raytheon Missiles & Defense
The Raytheon Missiles & Defense segment produces air and missile defense systems, precision weapons, radars, and command and control systems. It also delivers end-to-end solutions to detect, track and engage threats.
With more than 243 000 employees, Raytheon Technologies Corporation is considered one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.rtx.com/en”.
**Video published on YouTube by “Raytheon Technologies“.
