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Raytheon Technologies
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 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 (UTC) and the Raytheon Company. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. The merged company adopted the better-known name of Raytheon in the form Ray ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Pratt & Whitney
Pratt & Whitney is an American aerospace manufacturer with global service operations. It is a subsidiary of RTX Corporation (formerly Raytheon Technologies). Pratt & Whitney's aircraft engines are widely used in both civil aviation (especially airliners) and military aviation. Its headquarters are in East Hartford, Connecticut.Contact Us
." Pratt & Whitney. Retrieved on January 7, 2011. "Corporate Headquarters Pratt & Whitney 400 Main Street East Hartford, CT 06108."
The company is the world's second largest commercial aircraft engine manufacturer, with a 35% market share . In addition to aircraft engines, Pratt & Whitney manufactures gas turbine engines for industrial use, marine propulsion, and
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United Technologies Corporation
United Technologies Corporation (UTC) was an American multinational corporation, multinational list of conglomerates, conglomerate headquartered in Farmington, Connecticut. It researched, developed, and manufactured products in numerous areas, including aircraft engines, aerospace systems, HVAC, elevators and escalators, fire and security, building automation, and industrial products, among others. UTC was also a large military contractor, getting about 10% of its revenue from the U.S. government. In April 2020, UTC merged with the Raytheon Company to form Raytheon Technologies, later renamed RTX Corporation. History Pre-1970s 1970s and 1980s In 1974, Harry Jack 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 off ...
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Unmanned Aerial Vehicle
An unmanned aerial vehicle (UAV) or unmanned aircraft system (UAS), commonly known as a drone, is an aircraft with no human pilot, crew, or passengers onboard, but rather is controlled remotely or is autonomous.De Gruyter Handbook of Drone Warfare; 2024. e-ISBN (PDF) 978-3-11-074203-9.H. Pan; M. Zahmatkesh; F. Rekabi-Bana; F. Arvin; J. HuT-STAR: Time-Optimal Swarm Trajectory Planning for Quadrotor Unmanned Aerial Vehicles IEEE Transactions on Intelligent Transportation Systems, 2025. UAVs were originally developed through the twentieth century for military missions too "dull, dirty or dangerous" for humans, and by the twenty-first, they had become essential assets to most militaries. As control technologies improved and costs fell, their use expanded to many non-military applications. These include aerial photography, area coverage,F. Rekabi-Bana; Hu, J.; T. Krajník; Arvin, F.,Unified Robust Path Planning and Optimal Trajectory Generation for Efficient 3D Area Coverage of ...
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Satellite
A satellite or an artificial satellite is an object, typically a spacecraft, placed into orbit around a celestial body. They have a variety of uses, including communication relay, weather forecasting, navigation ( GPS), broadcasting, scientific research, and Earth observation. Additional military uses are reconnaissance, early warning, signals intelligence and, potentially, weapon delivery. Other satellites include the final rocket stages that place satellites in orbit and formerly useful satellites that later become defunct. Except for passive satellites, most satellites have an electricity generation system for equipment on board, such as solar panels or radioisotope thermoelectric generators (RTGs). Most satellites also have a method of communication to ground stations, called transponders. Many satellites use a standardized bus to save cost and work, the most popular of which are small CubeSats. Similar satellites can work together as groups, forming constellatio ...
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Anti-aircraft Warfare
Anti-aircraft warfare (AAW) is the counter to aerial warfare and includes "all measures designed to nullify or reduce the effectiveness of hostile air action".AAP-6 It encompasses surface-based, subsurface (Submarine#Armament, submarine-launched), and air-based weapon systems, in addition to associated sensor systems, command and control arrangements, and passive measures (e.g. barrage balloons). It may be used to protect naval, army, ground, and air forces in any location. However, for most countries, the main effort has tended to be homeland defense. Missile defense, Missile defense is an extension of air defence, as are initiatives to adapt air defence to the task of intercepting any projectile in flight. Most modern anti-aircraft (AA) weapons systems are optimized for short-, medium-, or long-range air defence, although some systems may incorporate multiple weapons (such as both autocannons and surface-to-air missiles). 'Layered air defence' usually refers to multiple 't ...
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Missile
A missile is an airborne ranged weapon capable of self-propelled flight aided usually by a propellant, jet engine or rocket motor. Historically, 'missile' referred to any projectile that is thrown, shot or propelled towards a target; this usage is still recognized today with any unguided jet- or rocket-propelled weapons generally described as rocket artillery. Airborne explosive devices without propulsion are referred to as shells if fired by an artillery piece and bombs if dropped by an aircraft. Missiles are also generally guided towards specific targets termed as guided missiles or guided rockets. Missile systems usually have five system components: targeting, guidance system, flight system, engine, and warhead. Missiles are primarily classified into different types based on firing source and target such as surface-to-surface, air-to-surface, surface-to-air and air-to-air missiles. Terminology Missile is derived from Latin "missilis" meaning "that may be ...
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Cybersecurity
Computer security (also cybersecurity, digital security, or information technology (IT) security) is a subdiscipline within the field of information security. It consists of the protection of computer software, systems and networks from threats that can lead to unauthorized information disclosure, theft or damage to hardware, software, or data, as well as from the disruption or misdirection of the services they provide. The significance of the field stems from the expanded reliance on computer systems, the Internet, and wireless network standards. Its importance is further amplified by the growth of smart devices, including smartphones, televisions, and the various devices that constitute the Internet of things (IoT). Cybersecurity has emerged as one of the most significant new challenges facing the contemporary world, due to both the complexity of information systems and the societies they support. Security is particularly crucial for systems that govern large-scale sy ...
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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 manufacturers", though many larger aerospace firms with a more diversified product portfolio also build aerostructures. Mechanical testing of the individual components or complete structure is carried out on a Universal Testing Machine. Test carried out include tensile, compression, flexure, fatigue, impact, compression after impact. Before testing the componentaerospace engineersbuild finite element models to simulate the reality. Civilian Airplanes designed for civilian use are often cheaper than military aircraft. Smaller passenger airplanes are used for short distance, transcontinental transport. It is more cost efficient for airlines and there is less demand for aircraft transportation at these distances as people can, while inconvenient, dr ...
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Avionics
Avionics (a portmanteau of ''aviation'' and ''electronics'') are the Electronics, electronic systems used on aircraft. Avionic systems include communications, Air navigation, navigation, the display and management of multiple systems, and the hundreds of systems that are fitted to aircraft to perform individual functions. These can be as simple as a searchlight for a police helicopter or as complicated as the tactical system for an airborne early warning platform. History The term "avionics" was coined in 1949 by Philip J. Klass, senior editor at ''Aviation Week & Space Technology'' magazine as a portmanteau of "aviation electronics". Radio communication was first used in aircraft just prior to World War I. The first Airborne radio relay, airborne radios were in zeppelins, but the military sparked development of light radio sets that could be carried by heavier-than-air craft, so that aerial reconnaissance biplanes could report their observations immediately in case they we ...
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Aircraft Engine
An aircraft engine, often referred to as an aero engine, is the power component of an aircraft propulsion system. Aircraft using power components are referred to as powered flight. Most aircraft engines are either piston engines or gas turbines, although a few have been rocket powered and in recent years many small UAVs have used electric motors. Manufacturing industry The largest manufacturer of turboprop engines for general aviation is Pratt & Whitney. General Electric announced in 2015 entrance into the market. Development history * 1903: Manly-Balzer engine sets standards for later radial engines. * 1910: Coandă-1910, an unsuccessful ducted fan aircraft exhibited at Paris Aero Salon, powered by a piston engine. The aircraft never flew, but a patent was filed for routing exhaust gases into the duct to augment thrust. * 1914: Auguste Rateau suggests using exhaust-powered compressor – a turbocharger – to improve high-altitude performance; not accepted after the ...
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Forbes Global 2000
The ''Forbes'' Global 2000 is an annual ranking of the top 2000 public companies in the world, published by: sales, profit, assets and market value. The list has been published annually since 2003. By country Forbes Global 2000 as of 2023: 2023 list In 2023, the ten largest companies as calculated by this method were: 2022 list In 2022, the ten largest companies as calculated by this method were: 2021 list In 2021, the ten largest companies as calculated by this method were: 2020 list In 2020, the ten largest companies as calculated by this method were: 2019 list In 2019, the ten largest companies as calculated by this method were: 2018 list In 2018, the ten largest companies as calculated by this method were: As a group, the ''Forbes'' Global 2000 in year 2018 accounts for $39.1* trillion in sales, $3.2 trillion in profit, $189* trillion in assets and $56.8* trillion in market value. By industry sector The top-ranked companies in each industry sec ...
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