RTX 📈 Raytheon Technologies - Overview

RTX Corporation, a leading player in the aerospace and defense industry, delivers a wide range of systems and services to commercial, military, and government customers globally. The company's operations are divided into three key segments: Collins Aerospace, Pratt & Whitney, and Raytheon, each catering to distinct aspects of the industry. Collins Aerospace, for instance, focuses on providing aerospace and defense products, as well as aftermarket service solutions, to a broad customer base including civil and military aircraft manufacturers, commercial airlines, and entities involved in regional, business, and general aviation, defense, and commercial space operations.

The Collins Aerospace Systems segment is further diversified, offering an array of products and services such as cabin interior solutions, including oxygen systems, food and beverage preparation and storage, galley systems, lavatory and wastewater management systems. Additionally, it provides battlespace, test and training range systems, crew escape systems, simulation and training solutions, and information management services. The segment also delivers a comprehensive suite of aftermarket services, encompassing spare parts, overhaul and repair, engineering and technical support, training, fleet management solutions, and asset and information management services, thereby supporting the lifecycle needs of its customers.

Pratt & Whitney, another significant segment of RTX Corporation, is renowned for supplying aircraft engines to a diverse customer base, including commercial airlines, military forces, business jet operators, and general aviation entities. Beyond engine supply, this segment also produces, sells, and services military and commercial auxiliary power units, underscoring the company's commitment to providing holistic solutions to the aerospace industry. The breadth of Pratt & Whitney's offerings reflects RTX Corporation's strategic intent to be a one-stop solution provider for the complex needs of the aviation sector.

The Raytheon segment of RTX Corporation is dedicated to providing cutting-edge defensive and offensive threat detection, tracking, and mitigation capabilities. Its customer base includes the U.S. government, foreign governments, and commercial entities, highlighting the segment's critical role in global security. By leveraging advanced technologies and systems, Raytheon helps its customers navigate and respond to evolving security challenges, further solidifying RTX Corporation's position as a pivotal player in the aerospace and defense sector.

With a history dating back to 1934, RTX Corporation, formerly known as Raytheon Technologies Corporation, has evolved significantly, adapting to the changing landscape of the aerospace and defense industry. The company's name change to RTX Corporation in July 2023 marks a new chapter in its history, symbolizing its continued commitment to innovation, customer satisfaction, and leadership in its field. Headquartered in Arlington, Virginia, RTX Corporation is publicly traded on the NYSE under the ticker symbol RTX, with detailed information about the company available on its website at https://www.rtx.com. The company's common stock is identified by the ISIN US75513E1010 and is classified under the GICS Sub Industry: Aerospace & Defense, reflecting its core business activities.