Raytheon sales rose 4% Y/Y to almost $7.2 billion on higher volume in land and air defense systems, including Global Patriot.
Its president and CEO, Christopher Calio, told investors that the investigations largely involved issues that predated the ...
We have worked diligently during the investigations to remediate that misconduct and continue to do so," the company, which was formed by the merger of Raytheon and United Technologies in 2020 ...
The defense giant has been working to divest itself of various business units as a result of its merger with United Technologies Corp. Last year, Raytheon CEO Thomas Kennedy said that Forcepoint ...
Some recent contracts that RTX secures include a $946 million contract to equip Romania with Patriot Air and missile systems, ...
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Fitzgerald spent three decades at the former Raytheon company prior to its merger with United Technologies Corp. and held the roles of VP of operations for space and airborne systems and SM-6 ...
Lockheed Martin gained 0.8%, RTX Corp—formed out of the merger of Raytheon and United Technologies—was up 0.7%. Aerospace-and-defense company Boeing bucked the trend, falling 0.5%.