Raytheon Missiles & Defense
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Raytheon Technologies Corporation is an American multinational aerospace and
defense Defense or defence may refer to: Tactical, martial, and political acts or groups * Defense (military), forces primarily intended for warfare * Civil defense, the organizing of civilians to deal with emergencies or enemy attacks * Defense industr ...
conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...
headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization. In addition, it is one of the largest providers of intelligence services. Raytheon Technologies manufactures
aircraft engine An aircraft engine, often referred to as an aero engine, is the power component of an aircraft propulsion system. Most aircraft engines are either piston engines or gas turbines, although a few have been rocket powered and in recent years many ...
s, avionics,
aerostructure An aerostructure is a component of an aircraft's airframe. This may include all or part of the fuselage, wings, or flight control surfaces. Companies that specialize in constructing these components are referred to as "aerostructures manufacturer ...
s, cybersecurity,
guided missile In military terminology, a missile is a guided airborne ranged weapon capable of self-propelled flight usually by a jet engine or rocket motor. Missiles are thus also called guided missiles or guided rockets (when a previously unguided rocket ...
s,
air defense systems Anti-aircraft warfare, counter-air or air defence forces is the battlespace response to aerial warfare, defined by NATO as "all measures designed to nullify or reduce the effectiveness of hostile air action".AAP-6 It includes surface based, ...
, satellites, and
drone Drone most commonly refers to: * Drone (bee), a male bee, from an unfertilized egg * Unmanned aerial vehicle * Unmanned surface vehicle, watercraft * Unmanned underwater vehicle or underwater drone Drone, drones or The Drones may also refer to: ...
s. The company is also a large military contractor, getting a significant portion of its revenue from the U.S. government. The company is the result of the merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company, which was completed on April 3, 2020. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. UTC is the nominal survivor of the merger but it changed its name to Raytheon Technologies and relocated its headquarters to Waltham, Massachusetts. Former UTC CEO and chairman
Gregory J. Hayes Gregory J. Hayes (born 1960/61) is an American businessman. He was the chairman and CEO of United Technologies from September 2016 to April 2020, and is now the CEO of Raytheon Technologies. Early life and education Hayes grew up in Williamsvill ...
is Chairman and CEO of the combined company. The company has four subsidiaries:
Collins Aerospace Collins Aerospace is an American technology corporation that is one of the world's largest suppliers of aerospace and defense products. Headquartered in Charlotte, North Carolina, it is a subsidiary of Raytheon Technologies. History On No ...
,
Pratt & Whitney Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviat ...
, Raytheon Intelligence & Space and Raytheon Missiles & Defense. On June 7, 2022, the company announced plans to move its global headquarters to Arlington, Virginia. The move was completed in July.


History


Raytheon Company

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 The Raytheon Company was a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. It was previously involved in corporate and special-mission aircraft unti ...
. Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The company's first product was a gaseous ( helium)
rectifier A rectifier is an electrical device that converts alternating current (AC), which periodically reverses direction, to direct current (DC), which flows in only one direction. The reverse operation (converting DC to AC) is performed by an Power ...
that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis.Otto J. Scott, The Creative Ordeal, (New York, Atheneum, 1974),16–32 The electron tube was christened with the name ''Raytheon'' ("light of/from the gods") and was used in a battery eliminator, a type of radio-receiver power supply that plugged into the power grid in place of large
batteries Battery most often refers to: * Electric battery, a device that provides electrical power * Battery (crime), a crime involving unlawful physical contact Battery may also refer to: Energy source *Automotive battery, a device to provide power t ...
. This made it possible to convert household alternating current to direct current for radios and thus eliminate the need for expensive, short-lived batteries. In 1925, the company changed its name to Raytheon Manufacturing Company and began marketing its rectifier, under the Raytheon brand name, with commercial success. In 1928, Raytheon merged with Q.R.S. Company, an American manufacturer of electron tubes and switches, to form the successor of the same name, Raytheon Manufacturing Company. By the 1930s, it had already grown to become one of the world's largest vacuum tube manufacturing companies. In 1933 it diversified by acquiring Acme-Delta Company, a producer of transformers, power equipment, and electronic auto parts. During World War II, Raytheon mass manufactured magnetron tubes for use in
microwave radar Radar is a detection system that uses radio waves to determine the distance (''ranging''), angle, and radial velocity of objects relative to the site. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, ...
sets and then complete
radar system Radar is a detection system that uses radio waves to determine the distance (''ranging''), angle, and radial velocity of objects relative to the site. It can be used to detect aircraft, ships, spacecraft, guided missiles, motor vehicles, weat ...
s. At war's end in 1945, the company was responsible for about 80 percent of all magnetrons manufactured. During the war, Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection. Raytheon ranked 71st among United States corporations in the value of World War II military production contracts. Peck, Merton J. & Scherer, Frederic M. ''The Weapons Acquisition Process: An Economic Analysis'' (1962)
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
p.619
In 1945, Raytheon's Percy Spencer invented the microwave oven by discovering that the magnetron could rapidly heat food. In 1947, the company demonstrated the Radarange microwave oven for commercial use. After the war, Raytheon developed the first
guidance system A guidance system is a virtual or physical device, or a group of devices implementing a controlling the movement of a ship, aircraft, missile, rocket, satellite, or any other moving object. Guidance is the process of calculating the changes in po ...
for a missile that could intercept a flying target. In 1948, Raytheon began to manufacture
guided missile In military terminology, a missile is a guided airborne ranged weapon capable of self-propelled flight usually by a jet engine or rocket motor. Missiles are thus also called guided missiles or guided rockets (when a previously unguided rocket ...
s, including the
SAM-N-2 Lark The Lark project was a solid-fuel boosted, liquid-fueled surface-to-air missile developed by the United States Navy to meet the kamikaze threat. It was developed as a crash program to introduce a medium-range defensive layer that would attack tar ...
, the air-to-air
AIM-7 Sparrow The AIM-7 Sparrow (Air Intercept Missile) is an American, medium-range semi-active radar homing air-to-air missile operated by the United States Air Force, United States Navy, and United States Marine Corps, as well as other various air forces ...
, and the ground-to-air
MIM-23 Hawk The Raytheon MIM-23 HAWK ("Homing all the way killer") is an American medium-range surface-to-air missile. It was designed to be a much more mobile counterpart to the MIM-14 Nike Hercules, trading off range and altitude capability for a much sm ...
missiles. In 1959, Raytheon acquired the marine electronics company Apelco Applied Electronics, which significantly increased its strength in commercial marine navigation and radio gear, and changed its name to Raytheon Company. During the post-war years, Raytheon also made generally low- to medium-powered radio and television transmitters and related equipment for the commercial market. In the 1950s, Raytheon began manufacturing transistors, including the CK722, priced for and marketed to hobbyists. Under the direction of
Thomas L. Phillips Thomas L. Phillips (1924-2019) was a chairman and chief executive officer at Raytheon. He was born in Istanbul in 1924 and graduated from the Boston Latin School. Mr. Phillips was hired by Raytheon in 1948. He started as an engineer, working hi ...
in 1965, it acquired
Amana Refrigeration The Amana Corporation is an American brand of household appliances. It was founded in 1934 by George Foerstner as The Electrical Equipment Co. in Middle Amana, Iowa, to manufacture commercial walk-in coolers. The business was later owned by the A ...
, Inc., a manufacturer of
refrigerators A refrigerator, colloquially fridge, is a commercial and home appliance consisting of a thermally insulated compartment and a heat pump (mechanical, electronic or chemical) that transfers heat from its inside to its external environment so th ...
and
air conditioners Air conditioning, often abbreviated as A/C or AC, is the process of removing heat from an enclosed space to achieve a more comfortable interior environment (sometimes referred to as 'comfort cooling') and in some cases also strictly controlling ...
. Using the Amana brand name and its distribution channels, Raytheon began selling the first countertop household microwave oven in 1967 and became a dominant manufacturer in the microwave oven business. In 1991, during the Persian Gulf War, Raytheon's Patriot missile received great international exposure, resulting in a substantial increase in sales for the company outside the United States. In an effort to establish leadership in the defense electronics business, Raytheon purchased in quick succession Dallas-based E-Systems (1995);
Chrysler Corporation Stellantis North America (officially FCA US and formerly Chrysler ()) is one of the " Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automoti ...
's defense electronics and aircraft-modification businesses, and the defense unit of Texas Instruments, Defense Systems & Electronics Group (1997). Also in 1997, Raytheon acquired the aerospace and defense business of
Hughes Aircraft Company The Hughes Aircraft Company was a major American aerospace and defense contractor founded on February 14, 1934 by Howard Hughes in Glendale, California, as a division of Hughes Tool Company. The company was known for producing, among other produ ...
from
Hughes Electronics Corporation Hughes may refer to: People * Hughes (surname) * Hughes (given name) Places Antarctica * Hughes Range (Antarctica), Ross Dependency * Mount Hughes, Oates Land * Hughes Basin, Oates Land * Hughes Bay, Graham Land * Hughes Bluff, Victoria Lan ...
, a subsidiary of
General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
, which included a number of product lines previously purchased by Hughes Electronics, including the former
General Dynamics General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and 5th largest in the Uni ...
missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic Systems. Raytheon also divested itself of several nondefense businesses in the 1990s, including
Amana Refrigeration The Amana Corporation is an American brand of household appliances. It was founded in 1934 by George Foerstner as The Electrical Equipment Co. in Middle Amana, Iowa, to manufacture commercial walk-in coolers. The business was later owned by the A ...
and Seismograph Service Ltd (sold to
Schlumberger Schlumberger Limited (), doing business as SLB, is an oilfield services company. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague. Schlumberger is the world's largest offshore drilling compa ...
-
Geco-Prakla Geco (Geophysical Company of Norway) was a European geophysical service company specializing in seismic surveys for petroleum exploration. Starting operating in the North Sea from 1972, the company expanded to operate in most marine areas open for ...
). In November 2007, Raytheon purchased robotics company
Sarcos Sarcos Technology and Robotics Corporation (NASDAQ: STRC) is an American developer of robotics and microelectromechanical systems and related technologies. It was founded in the early 1980s when it was spun out from the University of Utah. The ...
, and in October 2009, Raytheon acquired BBN Technologies. In December 2010,
Applied Signal Technology Applied Signal Technology ({{nasdaq, APSG; also known as AST) is a provider of advanced intelligence, surveillance and reconnaissance (ISR) products, systems, and services, established in 1984 in Sunnyvale, California. Its 2009 revenue was $202.6 m ...
agreed to be acquired by Raytheon for $490 million. In October 2014, Raytheon beat rivals
Lockheed Martin The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It ...
and Northrop Grumman for a contract to build 3DELRR, a next-generation long-range radar system, for the US Air Force worth an estimated $1 billion. The contract award was immediately protested by Raytheon's competitors. After re-evaluating the bids following the protests, the US Air Force decided to delay awarding the 3DELRR EMD contract until 2017 and was to issue an amended solicitation at the end of July 2016. In 2017 the Air Force again awarded the contract to Raytheon. In May 2015, Raytheon acquired cybersecurity firm Websense, Inc. from Vista Equity Partners for $1.9 billion and combined it with RCP, formerly part of its IIS segment to form Raytheon, Websense. In October 2015, Raytheon, Websense acquired Foreground Security, a provider of security operations centers, managed security service solutions and cybersecurity professional services, for $62 million. In January 2016, Raytheon, Websense acquired the firewall provider Stonesoft from Intel Security for an undisclosed amount and renamed itself to Forcepoint. In July 2016, Poland's Defence Minister Antoni Macierewicz planned to sign a letter of intent with Raytheon for a $5.6 billion deal to upgrade its Patriot missile-defence shield, and in 2017, Saudi Arabia signed business deals worth billions of dollars with multiple American companies, including Raytheon. In February 2020, Raytheon completed the first radar antenna array for the US Army's new missile defense radar, known as the Lower Tier Air and Missile Defense Sensor (LTAMDS), to replace the service's Patriot air and missile defense system sensor.


United Technologies Corporation

In 1929, William Boeing's Boeing Airplane & Transport Corporation teamed up with
Frederick Rentschler Frederick Brant Rentschler (November 8, 1887 – April 25, 1956) was an American aircraft engine designer, aviation engineer, industrialist, and the founder of Pratt & Whitney Aircraft. Rentschler created and manufactured many revolution ...
's
Pratt & Whitney Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviat ...
to form the United Aircraft and Transport Corporation, a large,
vertically-integrated In microeconomics, management and international political economy, vertical integration is a term that describes the arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply c ...
,
amalgamated Amalgamation is the process of combining or uniting multiple entities into one form. Amalgamation, amalgam, and other derivatives may refer to: Mathematics and science * Amalgam (chemistry), the combination of mercury with another metal **Pan ama ...
firm, uniting business interests in all aspects of aviation—a combination of aircraft engine and airframe manufacturing and airline business, to serve all aviation markets, both civil aviation (cargo, passenger,
private Private or privates may refer to: Music * " In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorde ...
,
air mail Airmail (or air mail) is a mail transport service branded and sold on the basis of at least one leg of its journey being by air. Airmail items typically arrive more quickly than surface mail, and usually cost more to send. Airmail may be the ...
) and
military aviation Military aviation comprises military aircraft and other flying machines for the purposes of conducting or enabling aerial warfare, including national airlift ( air cargo) capacity to provide logistical supply to forces stationed in a war the ...
. After the Air Mail scandal of 1934, the U.S. government concluded that such large holding companies as United Aircraft and Transport were anti-competitive, and new
antitrust Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust l ...
laws were passed forbidding airframe or engine manufacturers from having interests in airlines. United Aircraft Corporation was formed in 1934 from the portions of United Aircraft and Transport east of the Mississippi River (Pratt & Whitney, Sikorsky, Vought, and Hamilton Standard Propeller Company), headquartered in Hartford with
Frederick Rentschler Frederick Brant Rentschler (November 8, 1887 – April 25, 1956) was an American aircraft engine designer, aviation engineer, industrialist, and the founder of Pratt & Whitney Aircraft. Rentschler created and manufactured many revolution ...
, founder of Pratt & Whitney, as president.Herman, Arthur. ''Freedom's Forge: How American Business Produced Victory in World War II,'' p. 6, Random House, New York, NY, 2012. . United Aircraft became a component of the Dow Jones Industrial Average on March 4, 1939, when United Aircraft and AT&T were added to replace Nash Motors and International Business Machines. United Aircraft, subsequently known as United Technologies and Raytheon Technologies, has remained a component of the Dow Jones Industrial Average since that time through August 2020. It was announced that starting August 31, 2020, Raytheon Technologies would be substituted in the Dow Jones Industrial Average by
Honeywell International Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance ma ...
. During World War II, United Aircraft ranked sixth among United States corporations in the value of wartime production contracts. At the close of the war, United Aircraft entered the emerging markets for
jet engine A jet engine is a type of reaction engine discharging a fast-moving jet of heated gas (usually air) that generates thrust by jet propulsion. While this broad definition can include rocket, Pump-jet, water jet, and hybrid propulsion, the term ...
s and helicopters, via Pratt & Whitney and Sikorsky, respectively. In the 1950s, United Aircraft began developing jet engines, including the Pratt & Whitney J57, the most powerful jet engine on the market for some years. In the 1960s, Pratt & Whitney produced the Pratt & Whitney JT9D for the
Boeing 747 The Boeing 747 is a large, long-range wide-body airliner designed and manufactured by Boeing Commercial Airplanes in the United States between 1968 and 2022. After introducing the 707 in October 1958, Pan Am wanted a jet times its size, t ...
. In 1974, Harry Gray left Litton Industries to become the CEO of United Aircraft. He pursued a strategy of growth and diversification, changing the parent corporation's name to United Technologies Corporation (UTC) in 1975 to reflect the intent to diversify into numerous high tech fields beyond aerospace.. (The change became official on May 1, 1975.) The diversification was partially to balance civilian business against any overreliance on military business. UTC became a
mergers and acquisitions Mergers and acquisitions (M&A) are business transactions in which the ownership of companies, other business organizations, or their operating units are transferred to or consolidated with another company or business organization. As an aspect ...
(M&A)–focused organization, with various forced takeovers of unwilling smaller corporations. The next year (1976), UTC forcibly acquired Otis Elevator.. In 1979, Carrier Refrigeration was acquired;. At one point the military portion of UTC's business, whose sensitivity to "excess profits" and boom/bust demand drove UTC to diversify away from it, actually carried the weight of losses incurred by the commercial M&A side of the business. Although M&A activity was not new to United Aircraft, the M&A activity of the 1970s and 1980s was higher-stakes and arguably unfocused. Rather than aviation being the central theme of UTC businesses, high tech (of any type) was the new theme. Some Wall Street watchers questioned the true value of M&A at almost any price, seemingly for its own sake. In 1999, UTC acquired Sundstrand Corporation and merged it into UTC's Hamilton Standard unit to form Hamilton Sundstrand. In 2003, UTC entered the fire and security business by purchasing Chubb Security. In 2004, UTC acquired the Schweizer Aircraft Corporation which planned to operate as a wholly owned subsidiary under their
Sikorsky Aircraft Sikorsky Aircraft is an American aircraft manufacturer based in Stratford, Connecticut. It was established by aviation pioneer Igor Sikorsky in 1923 and was among the first companies to manufacture helicopters for civilian and military use. Pre ...
division. In 2005, UTC further pursued its stake in the fire and security business by purchasing Kidde. Also in 2005, UTC acquired Boeing's Rocketdyne division, which was merged into the
Pratt & Whitney Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviat ...
business unit and renamed Pratt & Whitney Rocketdyne (later sold to
Aerojet Aerojet was an American rocket and missile propulsion manufacturer based primarily in Rancho Cordova, California, with divisions in Redmond, Washington, Orange and Gainesville in Virginia, and Camden, Arkansas. Aerojet was owned by GenCorp. ...
and merged into Aerojet Rocketdyne). In November 2008, UTC's Carrier Corporation acquired NORESCO, an
energy service company An energy service company (ESCO) is a company that provides a broad range of energy solutions including designs and implementation of energy savings projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation ...
. In 2010, UTC conducted its largest acquisition to date, General Electric's security equipment business for US$1.8 billion, a move to support UTC's Fire & Security unit. The main citation is for Page A1; Page A8 appear
in this clipping
In September 2011, UTC acquired a $18.4 billion deal (including $1.9 billion in net debt assumed) for aircraft components maker Goodrich Corporation. In July 2012, United Technologies acquired Goodrich and merged it with Hamilton Sundstrand, forming
UTC Aerospace Systems UTC Aerospace Systems (UTAS) was one of the world’s largest suppliers of aerospace and defense products, headquartered in Charlotte, North Carolina, United States. The company was formed in August 2012 when parent United Technologies Corporation ...
. In November 2018, UTC acquired Rockwell Collins for $23 billion ($30 billion including Rockwell Collins' net debt). As part of the deal, Pratt and Whitney and the newly-formed
Collins Aerospace Collins Aerospace is an American technology corporation that is one of the world's largest suppliers of aerospace and defense products. Headquartered in Charlotte, North Carolina, it is a subsidiary of Raytheon Technologies. History On No ...
remained under United Technologies, while Otis Elevator and
UTC Climate, Controls & Security UTC Climate, Controls & Security was a global provider of building technologies offering fire safety, security, building automation, heating, ventilating, air-conditioning, and refrigeration systems and services. A wholly owned subsidiary of Unite ...
(doing business as
Carrier Carrier may refer to: Entertainment * ''Carrier'' (album), a 2013 album by The Dodos * ''Carrier'' (board game), a South Pacific World War II board game * ''Carrier'' (TV series), a ten-part documentary miniseries that aired on PBS in April 20 ...
) were spun off as two independent companies. The spin off was completed in March 2020.


Raytheon Technologies

In June 2019, United Technologies announced the intention to merge with the Raytheon Company. The combined company, valued at more than $100 billion after planned spinoffs, would be the world's second-largest aerospace-and-defense company by sales behind Boeing. Although UTC will be the nominal survivor, the merged company took the name Raytheon Technologies and based its headquarters at Raytheon's former campus in Waltham, Massachusetts, rather than UTC's former base in Farmington, Connecticut. The merger was completed in April 2020, forming Raytheon Technologies. Raytheon Technologies began trading at $51 per share, on the New York Stock Exchange under the ticker RTX.Jen Judso
(24 Nov 2021) Raytheon CTO says merged company is finding new ways to work together
synergies: Mark Russell, CTO
On July 28, 2020 the company announced cutting of over 8,000 jobs in its commercial aviation division due to travel slowdown induced by the global COVID-19 pandemic. In December 2020, the Board of Directors authorized a $5 billion repurchase of common stock.


Business units

*
Pratt & Whitney Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of Raytheon Technologies. Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airlines) and military aviat ...
: Designs and builds aircraft engines and gas turbines. **
Pratt & Whitney Canada Pratt & Whitney Canada (PWC or P&WC) is a Canada-based aircraft engine manufacturer. PWC's headquarters are in Longueuil, Quebec, just outside Montreal. It is a division of the larger US-based Pratt & Whitney (P&W), itself a business unit of ...
*
Collins Aerospace Collins Aerospace is an American technology corporation that is one of the world's largest suppliers of aerospace and defense products. Headquartered in Charlotte, North Carolina, it is a subsidiary of Raytheon Technologies. History On No ...
: Designs and manufactures aerospace systems for commercial, regional, corporate and military aircraft; a major supplier for international space programs. Provides industrial products for the hydrocarbon, chemical, and food processing industries, construction and mining companies. Collins Aerospace was formed following UTC's acquisition of Rockwell Collins in 2018 and combining that business with UTC Aerospace Systems, which itself was the result of a 2012 merger of Hamilton Sundstrand and
the Goodrich Corporation The Goodrich Corporation, formerly the B.F. Goodrich Company, was an American manufacturing company based in Charlotte, North Carolina. Founded in Akron, Ohio in 1870 as Goodrich, Tew & Co. by Benjamin Goodrich, the company name was cha ...
. * Raytheon Intelligence & Space: Formerly
Raytheon Intelligence, Information and Services Raytheon Intelligence, Information, and Services (RIIS or IIS) is a business unit of Raytheon Company headquartered in Dulles, Virginia. IIS specializes in intelligence, surveillance, and reconnaissance, advanced cybersecurity solutions; weather ...
(IIS) and
Raytheon Space and Airborne Systems Raytheon Intelligence & Space (RIS) is one of the four business segments of U.S. defense and aerospace conglomerate Raytheon Technologies. Headquartered in Arlington, Virginia, RIS has a total employment of 39,000 and 2019 sales of US$15 billion ...
(SAS) * Raytheon Missiles & Defense: Formerly Raytheon Integrated Defense Systems (IDS) and Raytheon Missile Systems (RMS)


References


External links

* * {{Authority control, state=expanded Former components of the Dow Jones Industrial Average Companies based in Arlington County, Virginia Companies listed on the New York Stock Exchange Conglomerate companies of the United States Aerospace companies of the United States Defense companies of the United States Electronics companies of the United States Engineering companies of the United States Guided missile manufacturers Radar manufacturers Manufacturing companies based in Virginia Multinational companies headquartered in the United States American companies established in 2020 Electronics companies established in 2020 Manufacturing companies established in 2020 Technology companies established in 2020 2020 establishments in Massachusetts Conglomerate companies established in 2020 Raytheon Company United Technologies