Raytheon is a Fortune 100 corporation that has been a leading player in the defense industry for over a century. Founded in 1922, the company has a rich history of innovation and growth.
With annual revenues exceeding $25 billion, Raytheon is one of the largest defense contractors in the world. Its diverse portfolio of products and services includes advanced missile systems, radar technology, and cybersecurity solutions.
Headquartered in Waltham, Massachusetts, Raytheon employs over 180,000 people worldwide, making it one of the largest employers in the country. The company's global presence spans over 70 countries, with major operations in the United States, Europe, and Asia.
Financial Performance
RTX Corporation's revenue is substantial, with Collins Aerospace Systems generating $28.28 billion in 2024.
The company's Pratt and Whitney segment also performed well, bringing in $28.07 billion in 2024.
Raytheon Intelligence & Space was another strong contributor, earning $26.71 billion in 2024.
The company's return on equity (ROE) was 7.94% in 2024, indicating a decent level of profitability.
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Revenue by Segment
RTX Corporation's revenue is impressive, and breaking it down by segment gives us a clearer picture of their financial performance.
Collins Aerospace Systems generated a massive $28.28 billion in revenue in 2024.
Pratt and Whitney also performed well, with $28.07 billion in revenue that same year.
Raytheon Intelligence & Space brought in $26.71 billion in revenue, rounding out the top three segments.
Profitability
Profitability is a key indicator of a company's financial health. RTX Corporation's annual return on equity (ROE) was 7.94% in 2024.
A high ROE like this suggests that RTX Corporation is generating strong profits from its shareholder equity. This is a positive sign for investors.
RTX Corporation's profitability has likely been driven by its ability to generate revenue and manage costs effectively.
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Company Information
Raytheon, a Fortune 100 company, has a long history of innovation and excellence. Founded in 1922, the company has grown to become one of the largest defense contractors in the world.
Raytheon's headquarters is located in Waltham, Massachusetts, and the company has a global presence with operations in over 80 countries. Raytheon employs over 180,000 people worldwide, making it one of the largest employers in the defense industry.
Raytheon's revenue for 2020 was over $26 billion, making it one of the largest defense contractors in the world.
Board Composition: RTX Corporation
The Board of Directors at RTX Corporation is a diverse group of individuals with a range of backgrounds and experiences. The board consists of 10 members.
George Oliver, a 64-year-old Director, has been a part of the board since April 2, 2020. Similarly, Ellen Pawlikowski, also a Director, has been serving since December 31, 2017, at the age of 68.
The board also includes James Winnefeld, who joined on December 31, 2019, and Robert Work, who joined on April 2, 2020, at the age of 72. Denise Ramos and Fredric Reynolds have been serving on the board since December 31, 2017, and 2015, respectively.
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Brian Rogers and Bernard Harris have been part of the board since 2015 and 2021, respectively. Leanne Caret, a 58-year-old Director, joined the board on January 15, 2023. Christopher Calio, the Chairman, is the youngest member of the board at 51 years old, and his term ends on April 29, 2025.
Here is a list of the Board of Directors at RTX Corporation, including their titles and ages:
History
In 2025, Raytheon secured a US$99 million contract from the Missile Defense Agency for work on multi-spectral targeting system class sensors integrated with an MDA airborne processor.
This contract was a significant milestone for the company, showcasing its expertise in developing advanced defense systems. Raytheon delivered its 500th ESSM Block 2 missile to the US Navy in October 2025.
The company's capabilities in producing high-quality missiles were further demonstrated by this achievement. In the same year, Raytheon was chosen by the German Government to offer the Raytheon-built SPY-6(V)1 radar for installation on eight of its F127 frigates through a contract with the US Navy.
This partnership highlights the company's ability to collaborate with international clients and provide cutting-edge technology solutions.
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