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Committed to protecting the health and well-being of employees, customers, and communities through rigorous safety standards and procedures across all operations.

Safety

Investing over $6 billion annually in company-sponsored R&D to maintain technological leadership and develop next-generation aerospace and defense solutions.

Innovation

Building confidence through ethical business practices, compliance-minded decision-making, and transparent relationships with customers, employees, and stakeholders.

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Taking ownership of commitments and delivering on promises to customers, shareowners, and team members while maintaining the highest standards of performance.

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RTX Corporation is an American aerospace and defense conglomerate formed in 2020 through the merger of Raytheon Company and United Technologies Corporation. Operating through Collins Aerospace, Pratt & Whitney, and Raytheon divisions, the company manufactures aircraft engines, avionics, defense systems, and guided missiles for commercial and military customers worldwide.

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Christopher T. Calio

Chairman & CEO

Gregory J. Hayes

Former Executive Chairman

Toby O'Brien

Chief Financial Officer

RTX Corporation, formerly Raytheon Technologies Corporation, is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. In 2023, the company's seat in the Forbes Global 2000 was 79. RTX manufactures aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. The company is a large military contractor, getting much of its revenue from the U.S. government. The company was formed in 2020 by a merger of equals between the aerospace subsidiaries of United Technologies Corporation and the Raytheon Company. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation.

https://en.wikipedia.org/wiki/RTX_Corporation

American multinational aerospace and defense conglomerate

Designs, manufactures, and services advanced aircraft engines and auxiliary power systems for commercial, military, and business aircraft. Key products include the F135 engine powering all F-35 Lightning II variants, PW1000G geared turbofan engines for commercial airliners, and PW800 engines for business jets.

Pratt & Whitney Aircraft Engines

Provides advanced structures, avionics, interiors, mission systems, and power and control systems serving commercial, regional, business aviation, and military sectors. Capabilities include flight control systems, cabin interiors, communication systems, and integrated mission solutions.

Collins Aerospace Systems

Advanced air and missile defense system protecting against tactical ballistic missiles, cruise missiles, and aircraft. Deployed globally by allied nations, Patriot represents a cornerstone of Raytheon's defense portfolio with continuous upgrades and international sales.

Patriot Air Defense System

Advanced Medium Range Air-to-Air Missiles providing beyond-visual-range capability for fighter aircraft. AMRAAM serves as the primary air-to-air missile for U.S. and allied air forces, with ongoing production and modernization through multi-billion dollar contracts.

AMRAAM Missiles

Comprehensive portfolio of land and air defense systems, sensors, cybersecurity solutions, and electronic warfare capabilities. Products include NASAMS air defense, counter-UAS systems, naval weapon systems like Phalanx CIWS, and advanced radar systems.

Raytheon Defense Systems

Surface-to-air missiles providing point defense against rockets, artillery, mortars, and UAVs. Produced by Raytheon-Rafael Protection Systems for Israel and U.S. military use, with $1.25 billion in recent contracts reflecting high demand.

Tamir Interceptor Missiles

Design and manufacture of military and commercial satellites, ground systems, and space-based sensors. Capabilities span intelligence, surveillance, reconnaissance (ISR), communications, and missile warning systems supporting national security missions.

Satellites and Space Systems

RTX reported full-year 2024 sales of $80.7 billion (up 9%), adjusted earnings per share of $5.73 (up 13%), and free cash flow of $6.6 billion. The company announced 2025 guidance of $83-84 billion in sales and $6.00-$6.15 adjusted EPS, reflecting 4-6% organic growth. All three business segments delivered strong performance with a combined backlog of $218 billion.

RTX Reports Strong 2024 Results and Announces 2025 Outlook

RTX's Board of Directors elected Christopher T. Calio as Chairman, effective April 30, 2025, consolidating his leadership as both Chairman and CEO. Gregory J. Hayes decided to step down as Executive Chairman and board member, transitioning to Special Advisor to the CEO through January 2, 2026, following a successful leadership transition.

RTX Board Elects Christopher T. Calio as Chairman

Pratt & Whitney secured a $1.6 billion undefinitized contract action from the U.S. Navy for sustainment of F135 engines powering all three variants of the F-35 Lightning II. The contract funds depot maintenance, spare parts replenishment, material management, propulsion system integration, engineering support, and software sustainment for the world's most advanced fighter engine.

RTX's Pratt & Whitney Awarded $1.6 Billion F135 Sustainment Contract

RTX was awarded a substantial $760 million indefinite-delivery/indefinite-quantity contract by the U.S. Air Force for development, production, sustainment, and obsolescence mitigation of Advanced Medium Range Air-to-Air Missiles (AMRAAM). The contract supports continued production of the primary beyond-visual-range air-to-air missile for U.S. and allied forces.

RTX Secures $760 Million AMRAAM Missile Contract

RTX Corporation agreed to pay over $950 million to resolve multiple federal investigations involving bribery, government contracting violations, and export control breaches. The settlement addresses legacy compliance issues from predecessor companies and enables RTX to move forward with strengthened ethics and compliance programs.

RTX Agrees to $950 Million Federal Compliance Settlement

RTX's Pratt & Whitney division will lead engine integration while Collins Aerospace supplies power units and nacelles for JetZero's innovative blended wing body aircraft. The collaboration supports development of next-generation sustainable aviation technology, demonstrating RTX's commitment to environmental innovation in commercial aerospace.

Pratt & Whitney and Collins Aerospace to Power JetZero Blended Wing Aircraft

Christopher T. Calio officially became CEO of RTX Corporation at the company's 2024 Annual Shareowners Meeting, succeeding Gregory J. Hayes who continued as Executive Chairman. Calio, previously President of Pratt & Whitney, assumed leadership of the $80+ billion aerospace and defense enterprise with 185,000+ employees worldwide.

Christopher Calio Takes Helm of RTX as New Chief Executive

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Vannevar Bush, Laurence K. Marshall, and Charles G. Smith founded the American Appliance Company in Cambridge, Massachusetts, initially focusing on refrigeration technology before pivoting to electronics. The company later became Raytheon, pioneering radar and electronics innovation.

Raytheon Founded

United Technologies Corporation formed as a holding company for aviation-related businesses. Frederick Rentschler founded United Aircraft Corporation in 1934, which evolved into the diversified UTC aerospace conglomerate.

United Technologies Origins

Raytheon's Lark missile became the first guided missile to successfully destroy a target aircraft in flight, establishing the company's leadership in missile systems that continues today through RTX's Raytheon division.

First Guided Missile Success

The American Appliance Company officially adopted the Raytheon Company name, reflecting its transformation into an electronics and defense systems powerhouse.

Raytheon Company Name Adopted

United Technologies completed its acquisition of Rockwell Collins, creating Collins Aerospace as a premier provider of aviation and defense systems. This merger combined UTC Aerospace Systems with Rockwell Collins to form one of RTX's three core business divisions.

Collins Aerospace Formed

United Technologies Corporation and Raytheon Company announced their intention to merge in a transformative combination that would create one of the world's largest aerospace and defense companies. The all-stock merger of equals aimed to combine complementary capabilities across commercial and defense sectors.

Merger of Equals Announced

UTC and Raytheon completed their merger on April 3, 2020, following UTC's spin-off of Carrier and Otis divisions. The combined Raytheon Technologies Corporation had approximately $74 billion in pro forma 2019 sales, 195,000 employees, and four business units: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense.

Raytheon Technologies Merger Completed

RTX announced cutting over 8,000 jobs in its commercial aviation division due to the global travel slowdown induced by the COVID-19 pandemic, reflecting the severe impact on commercial aerospace demand.

COVID-19 Workforce Reduction

Raytheon Technologies moved its corporate headquarters from Waltham, Massachusetts to Arlington, Virginia, positioning the company closer to key defense customers and government decision-makers in the Washington, D.C. area.

Corporate Headquarters Relocation

Raytheon Technologies Corporation changed its name to RTX Corporation, streamlining the corporate identity while consolidating from four business segments into three divisions: Collins Aerospace, Pratt & Whitney, and Raytheon. The rebrand reflected the completed integration and unified company culture.

Renamed to RTX Corporation

RTX announced that CEO Greg Hayes would step down in May 2024 and be succeeded by company President Christopher Calio, who had been instrumental in the Raytheon-UTC integration and served as President of Pratt & Whitney.

CEO Succession Announced

Christopher T. Calio officially succeeded Gregory J. Hayes as CEO at RTX's 2024 Annual Shareowners Meeting. Hayes continued as Executive Chairman to support the leadership transition, while Calio took operational control of the $80+ billion aerospace and defense enterprise.

Christopher Calio Becomes CEO

RTX agreed to pay over $950 million to resolve multiple federal investigations involving bribery, government contracting violations, and export control breaches. The settlement addressed legacy compliance issues while enabling the company to move forward with strengthened ethics programs.

Federal Compliance Settlement

RTX reported full-year 2024 sales of $80.7 billion (up 9%), adjusted earnings per share of $5.73 (up 13%), and a backlog of $218 billion. All three business segments delivered growth, with Pratt & Whitney sales up 18% driven by commercial engine demand and Collins Aerospace up 6%.

Strong 2024 Financial Results

RTX's Board of Directors elected Christopher T. Calio as Chairman, effective April 30, 2025, consolidating his leadership as both Chairman and CEO. Gregory Hayes stepped down from the board and transitioned to Special Advisor to the CEO through January 2026.

Calio Elected Chairman

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