Recent events
Recent events tied to this brand in public sources.
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2022
Raytheon Technologies appoints Barbara Borgonovi to lead corporate strategy
Raytheon Technologies announced that Barbara Borgonovi was named senior vice president of Corporate Strategy & Development, effective April 1, 2022.
2021
RTX and GLOBALFOUNDRIES agree to develop 5G and 6G semiconductors
RTX and GLOBALFOUNDRIES entered a strategic collaboration and licensing agreement to develop and commercialize gallium nitride on silicon semiconductors for future 5G and 6G wireless networks.
2021
GlobalFoundries and Raytheon partner on semiconductor technology
GlobalFoundries and Raytheon Technologies agreed to develop and commercialize semiconductor technology for mobile and wireless uses; Raytheon will license its proprietary technology and work with GlobalFoundries on the development.
2021
Raytheon Technologies appoints Neil Mitchill as CFO
Raytheon Technologies announced that Neil Mitchill had been appointed CFO, succeeding Anthony (“Toby”) O’Brien, who stepped down from the role.
2021
Collins Aerospace reduces commercial workforce
Collins Aerospace recently reduced its commercial headcount by 1,500 workers and 500 contractors, according to Raytheon Technologies CFO Toby O'Brien.
2020
Raytheon completed acquisition of Blue Canyon Technologies
Raytheon completed its acquisition of Blue Canyon Technologies.
2020
Rheinmetall and Textron Systems team up for Army vehicle competition
Rheinmetall announced a new partnership with Textron Systems to propose the Lynx KF41 platform for the Army’s Optionally Manned Fighting Vehicle program. Raytheon was also included in Team Lynx.
2020
Raytheon Technologies announces plans to cut more than 15,000 jobs
Raytheon Technologies CEO Greg Hayes said the company plans to eliminate more than 15,000 jobs this year at its corporate offices, Pratt & Whitney and Collins Aerospace, nearly double the total initially announced in July.
2020
Raytheon Technologies announces plan to cut 15,000 jobs
Raytheon Technologies said it plans to cut 15,000 jobs as part of a cost-reduction effort; the company had not specified which jobs or locations would be targeted.
2020
Amergint completes acquisition of Raytheon Technologies’ space-based optics business
Amergint Technology Holdings announced that it had completed the acquisition of Raytheon Technologies’ electro-optics technology business, previously part of Collins Aerospace.
2020
Raytheon cuts 8,000 commercial aviation jobs
Raytheon said it cut 8,000 jobs in its commercial aviation division earlier in the week, citing the impact of the coronavirus on air travel.
2020
BAE Systems completes acquisition of military GPS business
BAE Systems completed its $1.9 billion purchase of Collins Aerospace’s military GPS business from Raytheon Technologies Corporation.
2020
BAE Systems completes Airborne Tactical Radios acquisition
BAE Systems completed its acquisition of Raytheon Technologies Corporation’s Airborne Tactical Radios business after receiving regulatory and other customary approvals.
2020
Raytheon Technologies sells Danbury precision optics business
Raytheon Technologies sold its space-based precision optics business in Danbury to AMERGINT Technologies Holdings. The deal terms were not disclosed.
2020
Raytheon and United Technologies complete merger
Raytheon Technologies announced completion of the merger between Raytheon Company and United Technologies; United Technologies' name changed to Raytheon Technologies Corporation, and shares began trading on the NYSE under ticker RTX.
2020
Sparton Plaistow facility receives Raytheon supplier excellence award
Raytheon Integrated Defense Systems recognized Sparton MDS's Plaistow facility with a 4-Star Supplier award, marking its tenth consecutive year earning the Excellence Award.
2020
Emcore receives Raytheon supplier excellence award
Emcore received Raytheon Integrated Defense Systems’ 2019 5-Star Supplier Excellence Award for performance and partnership; it was one of 14 companies selected.
2020
SEC allows Raytheon–UTC merger to proceed subject to divestitures
The article reports that the SEC decided Raytheon and United Technologies could continue with their merger if they sold specified businesses, including Raytheon's military aircraft radio business and UTC's GPS satellite navigation business.
2020
Raytheon and IronNet plan joint cyber defense solutions
Raytheon Company and IronNet Cybersecurity announced plans to develop cyber solutions for operational and information technology systems by integrating managed security services with analysis and threat-sharing tools.
2020
Raytheon and Major Tool & Machine team up on Navy radar hardware
Raytheon and Major Tool & Machine teamed up to produce hardware for the U.S. Navy’s SPY-6 radar program. The companies will create array structures as the program transitions to hardware production and sustainment.