- Business
- RTX Corporation is a global leader in aerospace and defense, delivering advanced systems and comprehensive services to commercial, military, and government clients around the world. The company’s operations are structured across three principal business segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Incorporated in 1934 and headquartered in Arlington, Virginia, the entity previously known as Raytheon Technologies Corporation adopted its current name in July 2023, following a strategic realignment of its business units. The Collins Aerospace segment provides an extensive array of aerospace and defense products, alongside robust aftermarket service solutions. Its offerings cater to aircraft manufacturers, commercial airlines, general aviation, and defense and commercial space operations, encompassing avionics, cabin interiors, aerostructures, mechanical systems, mission systems, and information management services. Essential aftermarket support includes spare parts, overhaul and repair, technical engineering assistance, and fleet management solutions. Pratt & Whitney specializes in the design, manufacturing, and servicing of cutting-edge aircraft engines for diverse platforms, including commercial airliners, military aircraft, and business jets. This segment also produces and supports auxiliary power units for both military and commercial applications, notably including its advanced Geared Turbofan (GTF) engine family. The Raytheon segment focuses on delivering offensive and defensive capabilities for threat detection, tracking, and neutralization to government and commercial customers globally. This encompasses advanced integrated space, communication, and sensor systems, guided missiles, air defense solutions such as the Patriot system, and specialized cyber and software offerings for intelligence and defense needs. RTX Corporation is renowned for its substantial investment in research and development, committing over $7.5 billion in 2024 to drive innovation in areas such as advanced propulsion, artificial intelligence, and sophisticated sensing technologies. With a diversified revenue base that strategically balances commercial aerospace ventures with long-term defense contracts, the company maintains a resilient financial profile, evident in its record backlog of over $251 billion as of Q3 2025. Christopher T. Calio assumed the role of Chief Executive Officer in May 2024 and was elected Chairman in 2025.