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, US
Websitertx.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Apr 2020)195,000(-19%)
Job Openings4,838
Revenue (FY, 2019)$77 B(+16%)
Share Price (Oct 2020)$52.3 (-7%)
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
Christopher Calio

Christopher Calio

President, Pratt & Whitney
Vince Campisi

Vince Campisi

SVP, Enterprise Services
Paolo Dal Cin

Paolo Dal Cin

SVP, Operations & Supply Chain
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Raytheon Technologies Office Locations

Raytheon Technologies has offices in Waltham, Arlington, Cedar Rapids, Charlotte and in 10 other locations
Waltham, US (HQ)
870 Winter St
Arlington, US
1100 Wilson Blvd
Cedar Rapids, US
400 Collins Rd NE
Charlotte, US
2730 W Tyvola Rd
Chula Vista, US
850 Lagoon Dr
East Hartford, US
400 Main St
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Raytheon Technologies Financials and Metrics

Raytheon Technologies Revenue

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Raytheon Technologies's revenue was reported to be $77.05 b in FY, 2019 which is a 15.9% increase from the previous period.
USD

Revenue (Q3, 2020)

11.5b

Gross profit (Q3, 2020)

1.1b

Gross profit margin (Q3, 2020), %

10%

Market capitalization (28-Oct-2020)

80.0b

Closing stock price (28-Oct-2020)

52.3

Cash (30-Sept-2020)

10.0b

EV

104.4b
Raytheon Technologies's current market capitalization is $80 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

59.8b66.5b77.0b

Revenue growth, %

11%16%

Cost of goods sold

44.0b57.0b57.1b

Gross profit

15.9b9.5b20.0b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

15.2b16.7b16.5b18.4b19.6b19.5b18.2b14.1b11.5b

Cost of goods sold

11.3b12.4b12.5m13.7b14.4b14.2b13.4m12.2b10.3b

Gross profit

4.0b4.3b16.5b4.7b5.2b5.3b18.2b1.8b1.1b

Gross profit Margin, %

26%26%100%25%27%27%100%13%10%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

9.0b6.2b7.4b

Accounts Receivable

12.6b14.3b13.5b

Inventories

9.9b10.1b11.0b

Current Assets

32.9b35.5b37.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

7.7b11.1b13.8b6.2b6.8b7.3b8.0b7.0b10.0b

Accounts Receivable

11.7b12.0b12.6b13.6b13.7b13.6b13.1b9.5b10.1b

Inventories

8.9b9.0b9.1b10.5b10.9b11.2b11.5b10.3b9.8b

Current Assets

32.7b36.6b40.2b35.4b37.1b37.8b38.9b42.3b43.5b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

4.9b5.7b5.9b

Depreciation and Amortization

2.1b2.4b3.8b

Inventories

(1.1b)(537.0m)(1.2b)

Accounts Payable

1.6b2.4b1.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

1.4b3.5b4.9b1.4b3.4b4.7b14.0m(3.3b)(3.1b)

Depreciation and Amortization

581.0m1.2b1.8b942.0m1.9b2.8b980.0m1.8b3.0b

Inventories

(631.0m)(962.0m)(991.0m)(697.0m)(1.1b)(1.5b)(707.0m)(550.0m)(111.0m)

Accounts Payable

576.0m2.0b3.0b(588.0m)(58.0m)1.1b(318.0m)(1.4b)(866.0m)
USDFY, 2017

Revenue/Employee

291.9k

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

3.1 x
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Raytheon Technologies Operating Metrics

FY, 2017FY, 2018FY, 2019

Countries (Facilities)

80 120 97

Facilities

500 650 650

Manufacturing Space, sq. ft.

80 m96 m96 m

Remaining Performance Obligations (Pratt & Whitney)

$71.10 b$85.20 b
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Raytheon Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
United TechnologiesJune 01, 2019
Foreground SecurityOctober 06, 2015
ForcepointApril 18, 2015$1.90 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
PikewerksDecember 05, 2011
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Raytheon Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Raytheon Technologies Revenue Breakdown

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Raytheon Technologies revenue breakdown by business segment: 23.7% from Carrier, 33.1% from Collins Aerospace Systems, 16.7% from Otis and 26.6% from Pratt & Whitney

Raytheon Technologies revenue breakdown by geographic segment: 61.4% from United States, 17.4% from Europe, 11.9% from Asia Pacific and 9.3% from Other

Raytheon Technologies Online and Social Media Presence

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Raytheon Technologies News and Updates

Stealth Warfare Market Growth Scenario with International Opportunities by 2027 - Lockheed Martin Corporation, Leonardo S.p.A, Northrop Grumman Corporation, Raytheon Technologies, Saab AB

Stealth Warfare Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type (Radar, Acoustic System, Infrared Search and Track (IST)); Platform (Airborne, Naval, Ground) and Geography Posted via Industry Today. Follow us on Twitter @IndustryToday

Raytheon Technologies reports earnings fall as adjusted EPS tops view

Defense contractor Raytheon Technologies said its third-quarter net income slumped to $264 million, or 17 cents a share, from $1.15 billion, or $1.33 a share, while sales rose to $14.74 billion from $11.37 billion. On an adjusted basis that excludes a gain on dispositions, intangible amortization a…

Pratt & Whitney parent company Raytheon cutting 15,000 jobs, citing airline downturn amid COVID-19 pandemic

Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year at its corporate offices, jet engine-maker Pratt & Whitney and aviation and military equipment manufacturer Collins Aerospace amid the downturn in the airline industry, Chief Executive Officer Greg Hayes said Wednesda…

Why we’re in the fight against hunger

Raytheon Technologies is helping those in need by donating $5 million to Feeding America and launching a volunteering campaign in nine states where employees live and work. In 15 events, volunteers from Raytheon Technologies packed or distributed more than 675,000 pounds of food to help struggling c…

Collins Aerospace eliminates the need for touching airport kiosks with new mobile phone check-in and baggage drop offering

Collins Aerospace Systems, a Raytheon Technologies business (NYSE: RTX), is eliminating the need to physically touch kiosk screens during airport check-in and baggage drops. The company's new Kiosk Connect solution provides the first full, end-to-end, contactless airport journey — a high demand as p…

Next Generation Jammer Mid-Band takes to the skies for Growler flight testing

Built by Raytheon Intelligence & Space, a Raytheon Technologies business (NYSE: RTX), the Next Generation Jammer Mid-Band flew on an EA-18G Growler – its first flight test on the aircraft. The U.S. Navy's NGJ-MB is an advanced electronic attack system that denies, disrupts and degrades enemy tec…
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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 195,000 employees.

  • What is Raytheon Technologies revenue?

    Latest Raytheon Technologies annual revenue is $77 b.

  • What is Raytheon Technologies revenue per employee?

    Latest Raytheon Technologies revenue per employee is $395.1 k.

  • Who are Raytheon Technologies competitors?

    Competitors of Raytheon Technologies include China Aerospace Science and Technology Corporation, Advanced Electronics Company 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, Cedar Rapids, Charlotte and in 10 other locations.

  • How many offices does Raytheon Technologies have?

    Raytheon Technologies has 14 offices.