United States public
RTX Corporation
RTXRTX Corporation (formerly Raytheon Technologies) is the world's largest aerospace and defense company with more than 185,000 global employees.
- Headquarters
- Arlington, United States
- Founded
- 2020
- Type
- commercial
- Founded
- 2020
- Headquarters
- Arlington, United States
- Stage
- Public
- Ownership
- Listed
- Market cap
- $261.5B -12.0% 30d
- Employees
- 180,000 as of 2025
Quick Facts
About RTX Corporation
RTX Corporation (formerly Raytheon Technologies) is the world's largest aerospace and defense company with more than 185,000 global employees. Formed in 2020 through the merger of Raytheon Company and United Technologies Corporation, RTX operates through Collins Aerospace, Pratt & Whitney, and Raytheon divisions. The Raytheon segment provides advanced space systems including satellite manufacturing, space-based sensors, and space situational awareness. RTX acquired Blue Canyon Technologies in 2020, strengthening its small satellite market position.
Products and product lines
| Product | Line | Note |
|---|---|---|
| Next-Gen OPIR GEO Block 0 missile-warning sensors | Missile warning payload | Raytheon-built infrared sensor payloads for the U.S. Space Force's Next-Generation Overhead Persistent Infrared geosynchronous satellites; Raytheon delivered the second of two contracted sensor payloads to prime contractor Lockheed Martin on 28 April 2026. |
| SDA Tranche 1 Tracking Layer satellites | Missile-tracking satellite constellation | Seven-satellite LEO missile-tracking constellation awarded to Raytheon by the Space Development Agency for more than $250 million in March 2023, combining a Raytheon wide-field-of-view infrared sensor, a Blue Canyon Technologies Saturn-class bus and SEAKR Engineering payload electronics. |
| SEAKR Engineering | Space electronics (subsidiary) | Space-qualified processor, RF and electro-optical payload electronics manufacturer acquired by Raytheon Intelligence & Space, with the deal completed 30 November 2021; its hardware has flown on more than 300 space missions. |
| Blue Canyon Technologies | Small-satellite buses (divested 2026) | Small-satellite bus manufacturer RTX acquired in 2020; RTX agreed to sell the business to MDA Space for $620 million, disclosed with its Q2 2026 results on 23 July 2026, as RTX narrows its portfolio to core defense programs. |
| Next-Generation GPS Operational Control Segment (OCX) | GPS ground control system (cancelled) | Ground system for GPS III satellites that Raytheon was contracted to build starting in 2010; the Space Force cancelled the program on/around 17-20 April 2026 after its cost reached roughly $6.27 billion and testing found unresolvable issues, shifting modernization of the existing ground system to a $105 million Lockheed Martin contract instead. |
Timeline
- 2020 Raytheon Company and United Technologies Corporation complete their merger on 3 April, forming Raytheon Technologies Corporation (renamed RTX Corporation in 2023). [source]
- 2021 Raytheon Intelligence & Space completes its acquisition of SEAKR Engineering on 30 November, adding a space-qualified electronics supplier used on RTX's own satellite programs. [source]
- 2023 Raytheon Technologies is awarded more than $250 million by the Space Development Agency on 2 March to design, build and deliver a seven-vehicle missile-tracking satellite constellation for its Tranche 1 Tracking Layer. [source]
- 2024 Christopher T. Calio becomes President and CEO of RTX on 2 May, succeeding Gregory J. Hayes, who moves to Executive Chairman. [source]
- 2025 The RTX board elects Calio Chairman of the Board on 3 February, effective 30 April 2025; Hayes departs the board and serves as Special Advisor to the CEO through 2 January 2026. [source]
- 2026 The U.S. Space Force cancels RTX's Next-Generation GPS Operational Control Segment (OCX) contract in April after its cost grew to roughly $6.27 billion, citing unresolvable testing issues that put GPS military and civilian capability at risk. [source]
- 2026 Raytheon delivers the second of two Next-Gen OPIR GEO Block 0 missile-warning sensor payloads to Lockheed Martin for the U.S. Space Force on 28 April. [source]
- 2026 RTX reports Q2 2026 results on 23 July, including sales of $24.7 billion (up 14% year over year) and an agreement to sell Raytheon's Blue Canyon Technologies small-satellite business for $620 million. [source]
Team
- Christopher T. Calio CEO · source
Signals
- Market cap, 90 days
- +4.5%
- Verification
- Verified 2026-09-17
Categories & Capabilities
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Frequently asked about RTX Corporation
Quick answers to the questions readers most often search for.
- When was RTX Corporation founded?
- RTX Corporation was founded in 2020 in United States.
- Where is RTX Corporation headquartered?
- RTX Corporation is headquartered in Arlington, United States.
- What does RTX Corporation do?
- RTX Corporation (formerly Raytheon Technologies) is the world's largest aerospace and defense company with more than 185,000 global employees. Formed in 2020 through the merger of Raytheon Company and United Technologies Corporation, RTX operates through Collins Aerospace, Pratt & Whitney, and Raytheon divisions. The R…
- Is RTX Corporation publicly traded?
- Yes. RTX Corporation trades under the ticker RTX on NYSE.
- What sector does RTX Corporation operate in?
- RTX Corporation works in defense, Aerospace and Satellite manufacturing, plus 1 other space-industry sectors.
Data Accuracy Notice: Information about RTX Corporation is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.