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The Raytheon Company was founded in 1922 in Cambridge, Massachusetts, by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company. [13] Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The company's first product was a gaseous ( helium) rectifier that was based on ...
Website. collinsaerospace.com. Collins Aerospace is an American technology company that is one of the world's largest suppliers of aerospace and defense products. Headquartered in Charlotte, North Carolina, [4] it is a subsidiary of RTX Corporation (formerly Raytheon Technologies).
Occupation. Chief Executive Officer. Salary. US$13.4 million (2016) [2] Gregory J. Hayes [3] (born 1960/61) is an American businessman. He was the chairman and CEO of United Technologies from September 2016 until April 2020, when United Technologies merged with Raytheon, at which point he became the CEO of the merged company, RTX Corporation.
A high insider ownership often makes company leadership more mindful of shareholder interests. Raytheon Technologies insiders own about US$119m worth of shares (which is 0.1% of the company). This ...
In 2020, United Technologies merged with Raytheon Company to form Raytheon Technologies, with Pratt & Whitney becoming one of the new corporation's four main subsidiaries. [9] In November 2022, Pratt & Whitney was awarded a contract for nearly $4.4 billion by the US DoD to build 100 jet engines for the U.S. military's Air Force, Navy, and ...
Raytheon Technologies' (RTX) subsidiary strikes a worth $125.8-million deal to produce Enterprise Air Surveillance Radar. Raytheon Technologies Wins $125.8M Contract to Support Navy Skip to main ...
Raytheon Missiles & Defense ( RMD) was one of four business segments of RTX Corporation. Headquartered in Tucson, Arizona, its president was Wes Kremer. [1] The business produced a broad portfolio of advanced technologies, including air and missile defense systems, precision weapons, radars, and command and control systems. [2]
Raytheon shares responded somewhat negatively to the shakeup, declining 0.5% in Monday trading to close at $56.76. The article Raytheon Restructures originally appeared on Fool.com.