Founded in 1920, RTX Corp, originally known as United Technologies Corporation (UTC) is a leading global provider of high-technology systems and services for the fast-evolving aerospace and defense industries. The company obtained its current name, Raytheon Technologies Corporation (RTX), in 2020, following its merger with Raytheon Company.
Headquartered in Waltham, Massachusetts, RTX operates through four businesses that include Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. The company is armed with a strategic blend of commercial and defense products that enables it to respond to the changing needs of its global customer base effectively.
Collins Aerospace Systems, a branch of RTX, is a leader in technologically advanced and intelligent solutions for aerospace and defense, with a presence in nearly every segment of the aviation industry. Pratt & Whitney designs, manufactures and services aircraft engines and auxiliary power units, and is known for its innovations in the field of combustion, performance, and fuel efficiency that have enabled a new era in aviation and defense.
Raytheon Intelligence & Space delivers advanced sensors, training, and cyber and software solutions. It uses its significant expertise in intelligence, surveillance, and reconnaissance to help its customers make quick and more informed decisions. Raytheon Missiles & Defense provides end-to-end solutions that detect, track and engage threats favoring warfighters around the world, with a broad portfolio of air and missile defense systems, precision weapons, radars, command and control systems and advanced defense technologies.
RTX also puts huge emphasis on corporate responsibility and sustainability. The corporation seeks to reduce environmental footprints, stimulate economic growth, invest in the future workforce, drive business decisions with strong ethical standards, and increase transparency.
Being a Fortune 50 company, RTX has a significant market presence with around 195,000 employees that support more than 90 percent of the world's commercial and military aircraft operators, in addition to serving customers in about 180 countries. Over the years, RTX has built a reputation for its technology, service, and innovation, making it a powerhouse in the aerospace and defense sectors.
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