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Raytheon Technologies

OverviewSuggest Edit

Raytheon Technologies is an aerospace and defense company that provides systems and services for commercial, military, and government customers. It operates in four segments: Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. Collins Aerospace specializes in aerostructures, avionics, interiors, mechanical systems, mission systems, and power and control systems. Pratt & Whitney offers aircraft engines and auxiliary power systems for commercial, military, and business aircraft. Raytheon Intelligence & Space develops sensors, training, and cyber and software solutions. Raytheon Missiles & Defense provides air and missile defense systems, precision weapons, radars, and command and control systems. The company was formed as a result of a merger between Raytheon and United Technologies.
TypePublic
Founded2020
HQWaltham, MA, USMap
Websitertx.com
Employee Ratings3.9More
View Jobs (5,320)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)181,000(-7%)
Job Openings5,320
Revenue (FY, 2020)$56.6 B(-26%)
Share Price (Jun 2021)$88.4(-1%)
Cybersecurity ratingAMore

Key People/Management at Raytheon Technologies

Gregory J. Hayes

Gregory J. Hayes

Chief Executive Officer
Frank R. Jimenez

Frank R. Jimenez

General Counsel
Roy Azevedo

Roy Azevedo

President, Raytheon Intelligence & Space
Vince Campisi

Vince Campisi

SVP, Enterprise Services & Chief Digital Officer
Paolo Dal Cin

Paolo Dal Cin

SVP, Operations & Supply Chain
Michael R. Dumais

Michael R. Dumais

Executive Vice President & Chief Transformation Officer
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Raytheon Technologies Office Locations

Raytheon Technologies has offices in Waltham, Arlington, Berkeley, Cedar Rapids and in 11 other locations
Waltham, MA, US (HQ)
870 Winter St
Arlington, VA, US
1100 Wilson Blvd
Berkeley, CA, US
2855 Telegraph Ave #410
Cedar Rapids, IA, US
400 Collins Rd NE
Charlotte, NC, US
2730 West Tyvola Road
Chula Vista, CA, US
850 Lagoon Dr
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Raytheon Technologies Financials and Metrics

Raytheon Technologies Revenue

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View revenue for all periods
Raytheon Technologies's revenue was reported to be $56.59 b in FY, 2020 which is a 26.6% decrease from the previous period.
USD

Revenue (Q1, 2021)

15.3b

Gross profit (Q1, 2021)

2.7b

Gross profit margin (Q1, 2021), %

17.8%

Net income (Q1, 2021)

813.0m

EBIT (Q1, 2021)

1.0b

Market capitalization (16-Jun-2021)

134.0b

Closing stock price (16-Jun-2021)

88.4

Cash (31-Mar-2021)

8.6b

EV

158.5b
Raytheon Technologies's current market capitalization is $134 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

66.5b77.0b56.6b

Revenue growth, %

11%16%(27%)

Cost of goods sold

57.0b57.1b48.1b

Gross profit

9.5b20.0b8.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

18.4b19.6b19.5b18.2b14.1b14.7b15.3b

Cost of goods sold

13.7b14.4b14.2b13.4b12.2b13.0b12.5b

Gross profit

4.7b5.2b5.3b18.2b1.8b1.7b2.7b

Gross profit Margin, %

25%27%27%100%13%12%18%
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Annual
USDFY, 2018FY, 2019FY, 2020

Cash

6.2b7.4b8.8b

Accounts Receivable

14.3b13.5b9.3b

Inventories

10.1b11.0b9.4b

Current Assets

35.5b37.5b43.4b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

6.2b6.8b7.3b8.0b7.0b10.0b8.6b

Accounts Receivable

13.6b13.7b13.6b13.1b9.5b10.1b10.0b

Inventories

10.5b10.9b11.2b11.5b10.3b9.8b9.5b

Current Assets

35.4b37.1b37.8b38.9b42.3b43.5b42.6b
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Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

5.7b5.9b(2.9b)

Depreciation and Amortization

2.4b3.8b4.2b

Inventories

(537.0m)(1.2b)412.0m

Accounts Payable

2.4b1.2b(1.7b)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

1.4b3.4b4.7b14.0m(3.3b)(3.1b)813.0m

Depreciation and Amortization

942.0m1.9b2.8b980.0m1.8b3.0b1.1b

Inventories

(697.0m)(1.1b)(1.5b)(707.0m)(550.0m)(111.0m)(113.0m)

Accounts Payable

(588.0m)(58.0m)1.1b(318.0m)(1.4b)(866.0m)538.0m
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USDFY, 2018

Revenue/Employee

277.1k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x
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Raytheon Technologies Operating Metrics

FY, 2018FY, 2019FY, 2020

Remaining Performance Obligations

$132.7 b$150.12 b

Remaining Performance Obligations (Collins Aerospace Systems)

$26.6 b$29.5 b$23.01 b

Remaining Performance Obligations (Pratt & Whitney)

$71.1 b$85.2 b$78.14 b

Remaining Performance Obligations (Raytheon Intelligence & Space)

$18.68 b
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Raytheon Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
Blue Canyon TechnologiesNovember 10, 2020
United TechnologiesJune 01, 2019
Foreground SecurityOctober 06, 2015
ForcepointApril 18, 2015$1.9 b
Blackbird TechnologiesNovember 05, 2014$420 m
Visual AnalyticsJune 27, 2013
Raytheon Secure Information SystemsDecember 12, 2012$280 m
TeligyOctober 22, 2012
Poseidon Scientific Instruments Pty Ltd.July 01, 2012$22 m
Henggeler Computer ConsultantsDecember 29, 2011
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Raytheon Technologies Revenue Breakdown

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Raytheon Technologies revenue breakdown by business segment: 20.3% from Raytheon Missiles & Defense, 17.5% from Raytheon Intelligence & Space, 29.7% from Pratt & Whitney, 31.7% from Collins Aerospace Systems and 0.9% from Other

Raytheon Technologies revenue breakdown by geographic segment: 6.1% from Middle East and North Africa, 61.1% from United States, 15.7% from Europe, 13.5% from Asia Pacific and 3.7% from Other

Raytheon Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

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Raytheon Technologies Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Raytheon Technologies Online and Social Media Presence

Raytheon Technologies's Trends

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Raytheon Technologies News and Updates

June 16, 2021

Raytheon gets almost $40 million in foreign sales contracts for Excalibur shells

Raytheon Co. Missile Systems of Tucson has been awarded three contract modifications to make additional Excalibur 155 mm Ib projectiles for The Netherlands, India and Spain.
June 10, 2021

Raytheon awarded F-15 Eagle radar contract

Raytheon has been awarded a multi-billion-dollar contract for the production, modernisation and delivery of the APG-82 radar system for the F-15 Eagle multi-role strike fighter, with work expected to be completed in 2036.
June 03, 2021

Raytheon Technologies awarded perfect score by Human Rights Campaign for corporate equality; company partners with HRC to enable program expansion

The Human Rights Campaign (HRC), America's leading advocate for LGBTQ+ equality, has named Raytheon Technologies (NYSE: RTX) one of the best places to work, noting the company's deep commitment to ensuring equal rights for lesbian, gay, bisexual, transgender and queer employees.
May 20, 2021

Why Raytheon Technologies Is A Top 25 Dividend Giant

Raytheon Technologies has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a stunning $14.58B worth of stock held by ETFs
May 19, 2021

Raytheon Technologies and GLOBALFOUNDRIES Partner to Accelerate 5G Wireless Connectivity

Raytheon Technologies (NYSE: RTX), a leading aerospace and defense technology company, and GLOBALFOUNDRIES® (GF®), the global leader in feature-rich semiconductor manufacturing, will collaborate to develop and commercialize a new gallium nitride on silicon (GaN-on-Si) semiconductor that will enable …
May 18, 2021

Raytheon Technologies Hosts 2021 Investor Day, Provides Long-Term Growth Strategy and Financial Outlook

WALTHAM, Mass., May 18, 2021 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX), a leading aerospace and defense company, will outline its strategy to drive long-term growth and value creation for shareowners at its first Investor Day since its formation in April 2020. The...
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 Raytheon Technologies Frequently Asked Questions

  • When was Raytheon Technologies founded?

    Raytheon Technologies was founded in 2020.

  • Who are Raytheon Technologies key executives?

    Raytheon Technologies's key executives are Gregory J. Hayes, Frank R. Jimenez and Roy Azevedo.

  • How many employees does Raytheon Technologies have?

    Raytheon Technologies has 181,000 employees.

  • What is Raytheon Technologies revenue?

    Latest Raytheon Technologies annual revenue is $56.6 b.

  • What is Raytheon Technologies revenue per employee?

    Latest Raytheon Technologies revenue per employee is $312.6 k.

  • Who are Raytheon Technologies competitors?

    Competitors of Raytheon Technologies include Honeywell Aerospace, China Aerospace Science and Technology Corporation and L3Harris Technologies.

  • Where is Raytheon Technologies headquarters?

    Raytheon Technologies headquarters is located at 870 Winter St, Waltham.

  • Where are Raytheon Technologies offices?

    Raytheon Technologies has offices in Waltham, Arlington, Berkeley, Cedar Rapids and in 11 other locations.

  • How many offices does Raytheon Technologies have?

    Raytheon Technologies has 15 offices.