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COMPANY BENCHMARKING • UNITED STATES

Raytheon Technologies Corporation - Company Profile

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Raytheon Technologies Corporation - Overview

Brands
Blackbird Technologies, Blue Canyon, Foreground Security, Seakr Engineering, Visual Analytics
Description
Raytheon Technologies is a public company headquartered in Massachusetts with an estimated 174,000 employees. In the US, the company has a notable market share in at least three industries: Aircraft, Engine & Parts Manufacturing, Space Vehicle & Missile Manufacturing, Biometrics Scan Software and Biometrics Scan Software. Their largest market share is in the Space Vehicle & Missile Manufacturing industry, where they account for an estimated 36.7% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Raytheon Technologies Corporation

Company Type: Operating

Exchange: NYSE

Headquarters: 870 Winter Street Waltham MA 02451

Website: http://www.utc.com

Employees: 174000

Raytheon Technologies Corporation - Operating Industries and Main Competitors

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Raytheon Technologies Corporation - Products and Services

  • Aircraft, Engine & Parts Manufacturing in the US

    • Of the 3 core revenue-generating products and services in the Aircraft, Engine & Parts Manufacturing in the US industry, Raytheon Technologies Corporation offers:
    • Aircraft engines and engine parts
    • Other aircraft parts and auxiliary equipment

  • Space Vehicle & Missile Manufacturing in the US

    • Of the 4 core revenue-generating products and services in the Space Vehicle & Missile Manufacturing in the US industry, Raytheon Technologies Corporation offers:
    • Missile systems
    • Other missile and space vehicle parts
    • Propulsion systems
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  • Biometrics Scan Software in the US

    • Of the 4 core revenue-generating products and services in the Biometrics Scan Software in the US industry, Raytheon Technologies Corporation offers:
    • Facial recognition software
    • Fingerprint recognition software
    • Other biometrics scan software
    • AAAAA AAAAA
error_outline To view Raytheon Technologies Corporation's full products and services, see purchase options.

Raytheon Technologies Corporation - Analyst Insights

Raytheon restructures its businesses to improve profitability

In 2023, Raytheon announced plans to consolidate Raytheon Missiles and Defense (RMD) with Raytheon Intelligence and Space (RIS) as one integrated entity. The company's CEO Greg Hayes stated that this move will encourage the entities to collaborate and share technology while satisfying customer demands. The move will cut costs and help Raytheon combat inflation and supply chain disruptions. Raytheon’s restructuring is not unusual as the company has a history of divesting unprofitable businesses and segments.

New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Raytheon Technologies Corporation - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Raytheon Technologies Corporation's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Aircraft, Engine & Parts Manufacturing in the US, Space Vehicle & Missile Manufacturing in the US, and Biometrics Scan Software in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Raytheon Technologies Corporation - Financial Statements & Ratios

pie_chartRaytheon Technologies Corporation Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue64,388.056,587.045,349.034,701.029,713.057,244.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartRaytheon Technologies Corporation Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents7,832.08,802.04,937.03,693.06,108.07,157.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartRaytheon Technologies Corporation Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income4,112.0-3,295.05,948.05,654.04,920.05,426.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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