Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Waltham, Massachusetts.

Company profile
Ticker
RTX
Exchange
Website
CEO
Gregory Hayes
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
UNITED TECHNOLOGIES CORP /DE/
SEC CIK
Corporate docs
Subsidiaries
B/E Aerospace (UK) Limited • B/E Aerospace B.V. • B/E Aerospace, Inc. • Commonwealth Luxembourg Holdings • Delancey Limited Partnership • Eagle Services Asia Private Limited • Goodrich Actuation Systems Limited • Goodrich Actuation Systems SAS • Goodrich Aerospace Canada Ltd • Goodrich Corporation ...
IRS number
60570975
RTX stock data
News

RBC Capital Maintains Outperform Rating for Raytheon Technologies: Here's What You Need To Know
27 Jul 22
Raytheon Technologies Earnings Perspective: Return On Invested Capital
27 Jul 22
Wells Fargo Maintains Equal-Weight on Raytheon Technologies, Lowers Price Target to $98
27 Jul 22
RBC Capital Maintains Outperform on Raytheon Technologies, Lowers Price Target to $115
27 Jul 22
Raytheon Slips On Q2 Top-Line Miss, Warning On Supply Chain & Inflation Issues
26 Jul 22
Press releases
Raytheon Technologies venture capital group invests in VerdeGo Aero
27 Jul 22
Raytheon Technologies Reports Q2 2022 Results
26 Jul 22
Raytheon Missiles & Defense, Northrop Grumman complete second hypersonic weapon flight test
18 Jul 22
Raytheon Technologies to release second quarter results on July 26, 2022
5 Jul 22
Raytheon Intelligence & Space demonstrates critical Joint All Domain Command and Control capability for U.S. military
28 Jun 22
Analyst ratings and price targets
Current price
Average target
$106.50
Low target
$98.00
High target
$115.00
Wells Fargo
Maintains
$98.00
RBC Capital
Maintains
$115.00
Calendar
26 Jul 22
12 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.83B | 4.83B | 4.83B | 4.83B | 4.83B | 4.83B |
Cash burn (monthly) | 416.33M | 270.67M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 602.69M | 391.82M | n/a | n/a | n/a | n/a |
Cash remaining | 4.23B | 4.44B | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.2 | 16.4 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Apr 22 | O'Sullivan Margaret L. | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 99.61 | 1,867.282 | 186K | 11,144.331 |
25 Apr 22 | Pawlikowski Ellen M | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 99.61 | 2,047.987 | 204K | 7,683.438 |
25 Apr 22 | Paliwal Dinesh C | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 99.61 | 3,915.27 | 390K | 14,747.901 |
25 Apr 22 | George Oliver | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 99.61 | 1,867.282 | 186K | 6,984.257 |
25 Apr 22 | Bernard A Harris Jr | Phantom Stock Unit Common Stock | Grant | Acquire A | No | No | 99.61 | 2,047.987 | 204K | 4,625.267 |
Institutional ownership, Q1 2022
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 573K |
Total shares | 6.33K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Westport Asset Management | 4.13K | $355K |
Bennicas & Associates | 2.2K | $218K |
Financial report summary
?Competition
Boeing • Esterline Technologies • Taylor Devices • Breeze-eastern • L3Harris • Parsons • Honeywell International • Viasat • AAON • Johnson Controls International plc - Registered SharesManagement Discussion
- (1) See “Segment Review” above for definition of organic. A reconciliation of this measure to the reported U.S. GAAP amount is provided in the table above.
- Organic sales in the quarter ended June 30, 2022 were relatively consistent with the quarter ended June 30, 2021. Included in the organic change in sales were lower Command, Control and Communications sales of $0.1 billion primarily driven by an anticipated decrease in production volumes on certain tactical communications systems programs, and lower Sensing and Effects sales driven by a decrease in surveillance and targeting systems due to lower production volume, partially offset by an increase in Cyber, Training and Services sales on certain classified cyber programs.
- The decrease in operating profit of $100 million, and the related decrease in operating profit margins, in the quarter ended June 30, 2022 compared to the quarter ended June 30, 2021, were primarily due to the net unfavorable change in EAC adjustments of $54 million, which was spread across numerous programs and includes unfavorable adjustments on certain development programs, as well as acquisitions / divestitures, net. Included in mix and other performance is an $18 million gain on a real estate transaction in the quarter ended June 30, 2021.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
DHS, DOMino, Homeland, indemnification, party, Tomahawk
Removed:
depreciation, unit, working
Financial reports
Current reports
8-K
Raytheon Technologies Reports Q2 2022 Results
26 Jul 22
8-K
Amendments to Articles of Incorporation or Bylaws
26 Apr 22
8-K
Raytheon Technologies Reports Q1 2022 Results
26 Apr 22
8-K
Raytheon Technologies Appoints Barbara Borgonovi as Senior Vice President, Corporate Strategy & Development
16 Mar 22
8-K
Departure of Directors or Certain Officers
14 Feb 22
8-K
Expects continued sales, earnings and free cash flow growth in 2022
25 Jan 22
8-K
Raytheon Technologies Announces Early Tender Results
16 Nov 21
8-K
Raytheon Technologies Reports Raises 2021 Adjusted EPS Outlook
26 Oct 21
8-K
Departure of Directors or Certain Officers
1 Sep 21
8-K
Other Events
10 Aug 21
Registration and prospectus
S-8 POS
Registration of securities for employees (post-effective amendment)
24 Mar 22
424B2
Prospectus for primary offering
3 Nov 21
FWP
Free writing prospectus
1 Nov 21
424B2
Prospectus for primary offering
1 Nov 21
424B2
Prospectus for primary offering
6 Aug 21
FWP
Free writing prospectus
4 Aug 21
424B2
Prospectus for primary offering
4 Aug 21
424B3
Prospectus supplement
6 Nov 20
S-4
Registration of securities issued in business combination transactions
28 Oct 20
25-NSE
Exchange delisting
18 May 20
Proxies
DEFA14A
Additional proxy soliciting materials
14 Mar 22
PRE 14A
Preliminary proxy
28 Feb 22
DEFA14A
Additional proxy soliciting materials
12 Mar 21
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEFA14A
Additional proxy soliciting materials
13 Mar 20
DEF 14A
Definitive proxy
13 Mar 20
DEFA14A
Additional proxy soliciting materials
16 Apr 19
PX14A6G
Letter to shareholders
3 Apr 19
Other
SD
Conflict minerals disclosure
31 May 22
SD
Conflict minerals disclosure
1 Jun 21
EFFECT
Notice of effectiveness
9 Nov 20
CORRESP
Correspondence with SEC
3 Nov 20
UPLOAD
Letter from SEC
2 Nov 20
CORRESP
Correspondence with SEC
27 Oct 20
EFFECT
Notice of effectiveness
14 Apr 20
SD
Conflict minerals disclosure
31 Mar 20
SD
Conflict minerals disclosure
31 Mar 20
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
6 Feb 20
Ownership
11-K
Annual report of employee stock purchases
21 Jun 22
11-K
Annual report of employee stock purchases
21 Jun 22
11-K
Annual report of employee stock purchases
21 Jun 22
11-K
Annual report of employee stock purchases
21 Jun 22
4
RAYTHEON TECHNOLOGIES / Dantaya M Williams ownership change
8 Jun 22
4
RAYTHEON TECHNOLOGIES / Robert O Work ownership change
27 Apr 22
4
RAYTHEON TECHNOLOGIES / Fredric G Reynolds ownership change
27 Apr 22
4
RAYTHEON TECHNOLOGIES / Denise L Ramos ownership change
27 Apr 22
4
RAYTHEON TECHNOLOGIES / James A Winnefeld Jr ownership change
27 Apr 22
4
RAYTHEON TECHNOLOGIES / BRIAN C ROGERS ownership change
27 Apr 22
Patents
Utility
Powder Evacuation Systems
11 Aug 22
An additive manufacturing system includes a build chamber housing a recoater and a sintering laser.
Utility
Multi-functional Interface/surface Layer for Thermoplastic Components
11 Aug 22
A joint between dissimilar thermoplastic materials comprising a first thermoplastic material layer; a second thermoplastic material layer having a melting point temperature different from a melting point temperature of the first thermoplastic material layer; and an interface layer coupled between the first thermoplastic material layer and the second thermoplastic material layer; wherein the interface layer is configured to join the first thermoplastic material layer and the second thermoplastic material layer together to form the joint, wherein the interface layer comprises a melting point temperature having a value selected from the group consisting of between the melting point temperature of the first thermoplastic material layer and the melting point temperature of the second thermoplastic material layer; or lower than the melting point temperature of the first thermoplastic material layer and the melting point temperature of the second thermoplastic material layer.
Utility
Actuator Assembly
11 Aug 22
An actuator system includes a motor and an actuator positioning member to be driven by the motor from a start position to an actuated position.
Utility
Rotor Stack Bushing with Adaptive Temperature Metering for a Gas Turbine Engine
11 Aug 22
A rotor stack for a gas turbine engine includes a first rotor disk with a first rotor spacer arm, the first rotor spacer arm having a first flange with an outboard flange surface and an inboard flange surface, a first hole along an axis through the first flange, the first hole having a counterbore in the outboard flange surface; a second rotor disk with a web having a second hole along the axis; a third rotor disk with a third rotor spacer arm, the third rotor spacer arm having a third flange with an outboard flange surface and an inboard flange surface, a third hole along the axis through the third flange, the third hole having a counterbore in the inboard flange surface; and a bushing with a tubular body and a flange that extends therefrom, the tubular body comprising at least one axial groove along an outer diameter thereof, the bushing extends through the first hole, the second hole and partially into the counterbore in the inboard flange surface of the third hole.
Utility
Tail Cone Mounted Generator Input Shaft for an Aircraft
11 Aug 22
A jet engine includes a housing, an intake portion leading into the housing, and an exhaust portion leading from the housing.
Transcripts
2022 Q2
Earnings call transcript
26 Jul 22
2022 Q1
Earnings call transcript
26 Apr 22
2021 Q4
Earnings call transcript
25 Jan 22
2021 Q3
Earnings call transcript
26 Oct 21
2021 Q2
Earnings call transcript
27 Jul 21
2021 Q1
Earnings call transcript
27 Apr 21
2020 Q4
Earnings call transcript
26 Jan 21
2020 Q3
Earnings call transcript
27 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
7 May 20
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