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Raytheon Rides the Defense Boom as a Triple ThreatRaytheon ended the quarter with a company backlog of $202 billion, comprised of $125 billion of commercial and $77 billion of defense. The company won over $25 billion in new orders in the quarter.
Raytheon is giving $2 million to the University of Arizona to spend on the College of Engineering’s Student Design and Innovation Center.
It operates through the following segments: Collins Aerospace Systems (Collins), Pratt and Whitney, Raytheon Intelligence ... and auxiliary power systems for commercial, military, and business ...
RTX has three segments: Collins Aerospace, Pratt & Whitney, and Raytheon Technologies ... are split almost evenly between government and commercial. RTX reported Q4 revenue growth of 8.5% YoY ...
This boost was aided by a favorable mix in its large commercial engine products. Raytheon achieved a 4% uptick in sales, driven by demand for land and air defense systems. However, the segment was ...
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