RTX Company Profile, Products, Employees and Revenue
RTX Corporation, formerly Raytheon Technologies, is an American aerospace and defense group headquartered in Arlington, Virginia, and the parent of Collins Aerospace, Pratt & Whitney and Raytheon. It is known for the Patriot air defense system, AMRAAM and Standard Missile weapons, and for jet engines and avionics used on airliners and military aircraft.
The company reported sales of $88.6 billion in 2025 and employs more than 180,000 people. Its backlog reached $289 billion in June 2026, split between $170 billion of commercial work and $119 billion of defense work, according to the company. Its customers include the US Department of War, allied governments and airlines around the world.
What Does RTX Corporation Do?
RTX makes engines, avionics, aircraft systems, missiles, radars and air defense systems, and services them across their lives. About half of its backlog is commercial, so airline demand matters as much as defense budgets. The company formed on 3 April 2020, when United Technologies merged its aerospace businesses with Raytheon Company, and took the name RTX in July 2023.
| Item | Detail |
|---|---|
| Headquarters | Arlington, Virginia (moved from Waltham, Massachusetts, in 2022) |
| Formed | 3 April 2020 (merger of United Technologies aerospace units and Raytheon Company) |
| Renamed RTX | July 2023 |
| Employees | More than 180,000 (2025) |
| Sales | $88.6 billion (2025) |
| Net income | $6.73 billion (2025) |
| Backlog | $268 billion (end 2025); $289 billion (June 2026) |
| Chairman and CEO | Christopher T. Calio (CEO since May 2024) |
| Segments | Collins Aerospace, Pratt & Whitney, Raytheon |
What Are RTX’s Three Business Segments?
RTX reorganised from four units to three in 2023 by folding Raytheon Intelligence & Space into Raytheon Missiles & Defense. The three segments were of similar size in 2025.
| Segment | 2025 sales | Adjusted operating profit |
|---|---|---|
| Collins Aerospace | $30.2 billion (up 7%) | $4.89 billion (16.2% margin) |
| Pratt & Whitney | $32.9 billion (up 17%) | $2.73 billion (8.3% margin) |
| Raytheon | $28.0 billion (up 5%) | $3.23 billion (11.5% margin) |
What Are RTX’s Main Products?
| Segment | Examples | Notes |
|---|---|---|
| Raytheon | Patriot, LTAMDS radar, AMRAAM, Standard Missile (SM-3, SM-6), Tomahawk, Coyote, Phalanx CIWS, SeaRAM | Missiles, radars and air defense; Andover, Massachusetts, and Tucson, Arizona, are major sites |
| Pratt & Whitney | F135 (F-35), F119 (F-22), PW1000G geared turbofan, PW100 turboprops | Founded 1925; based in East Hartford, Connecticut |
| Collins Aerospace | Avionics, communications, actuation, power systems, aerostructures, interiors, mission systems | Formed 2018 from Rockwell Collins and UTC Aerospace Systems; Charlotte, North Carolina |
Raytheon’s air defense line is the best known. The AMRAAM multiyear contract worth up to $20.7 billion supports at least 1,900 missiles a year, and a $22.9 billion Tomahawk award aims to lift output from about 60 missiles a year to more than 1,000.
How Many Employees Does RTX Have?
RTX describes itself as having more than 180,000 global employees, a figure it repeats in its 2025 results and its 2026 quarterly releases. Wikipedia gives 180,000 for 2025. Collins Aerospace alone had more than 80,000 staff as of 2023, according to Wikipedia. The company does not publish a precise split by segment in its results releases.
RTX Revenue and Financial Results
| Period | Sales | Other figures |
|---|---|---|
| 2025 full year | $88.6 billion (up 10%) | Adjusted EPS $6.29; free cash flow $7.94 billion; net income $6.73 billion |
| Q2 2026 | $24.7 billion (up 14%) | Adjusted EPS $1.89; Raytheon $8.27 billion, Pratt & Whitney $8.89 billion, Collins $8.21 billion |
| First half 2026 | $46.8 billion | Adjusted EPS $3.67 |
| 2026 outlook (July) | $95.0 to $96.0 billion | Adjusted EPS $7.10 to $7.25; free cash flow $8.50 to $8.75 billion |
In the second quarter Raytheon segment sales rose 18%, the fastest of the three, and operating profit at the segment grew 29%, according to RTX. The company raised its full-year sales outlook from $92.5-93.5 billion to $95.0-96.0 billion. It also announced the sale of Blue Canyon Technologies for $620 million.
How Did RTX Become the Company It Is Today?
| Year | Event |
|---|---|
| 1922 | Raytheon founded in Cambridge, Massachusetts, as the American Appliance Company |
| 1925 | Pratt & Whitney founded in Connecticut; Raytheon Manufacturing Company named |
| 1948 | Raytheon begins manufacturing guided missiles |
| 1997 | Raytheon acquires the defense business of Hughes Aircraft |
| 2018 | United Technologies completes the Rockwell Collins acquisition (26 November) and forms Collins Aerospace |
| 2020 | Merger forms Raytheon Technologies (3 April); Otis and Carrier spun off |
| 2022 | Headquarters moves to Arlington, Virginia |
| 2023 | Renamed RTX; Pratt & Whitney recalls geared turbofan engines over contaminated powder metal |
| 2025 | Sales of $88.6 billion; backlog $268 billion |
Recent RTX Contracts and Developments
Recent awards centre on air defense and munitions. In April 2026 the US Army gave Raytheon a $904.6 million contract for LTAMDS low-rate production, covering five radars and six spares, with work at Andover, Massachusetts, to August 2031. LTAMDS is the radar meant to replace the Patriot system’s older sensor. In September 2025 the Army awarded Raytheon a $5.04 billion contract for Coyote counter-drone interceptors and KuRFS radars, running to September 2033.
In February 2026 Raytheon signed framework agreements with the Department of War to expand production of Tomahawk, AMRAAM, SM-3 Block IB, SM-3 Block IIA and SM-6, with SM-6 output to rise above 500 a year, the company said. Those deals led to the AMRAAM and Tomahawk contracts. In the last days of September the Navy also awarded a $247 million contract for Phalanx and SeaRAM close-in weapon systems, and Rockwell Collins won a $249.7 million Navy contract for GPS range instrumentation.
RTX Corporation FAQ
What does RTX Corporation do?
It builds aircraft engines, avionics and aerospace systems, and missiles, radars and air defense systems, through Pratt & Whitney, Collins Aerospace and Raytheon.
Is RTX the same as Raytheon?
Not exactly. Raytheon is now one of RTX’s three segments. The parent company was called Raytheon Technologies from 2020 and became RTX in July 2023.
Where is RTX headquartered?
Arlington, Virginia. It moved there from Waltham, Massachusetts, in 2022.
How many employees does RTX have?
More than 180,000 worldwide, according to the company’s 2025 and 2026 results releases.
What is RTX’s annual revenue?
$88.6 billion in 2025. The company guides to $95.0-96.0 billion of adjusted sales for 2026.
Who is the CEO of RTX?
Christopher T. Calio, who succeeded Gregory J. Hayes in May 2024.
Who owns Collins Aerospace?
RTX. Collins was created in 2018 when United Technologies bought Rockwell Collins and merged it with UTC Aerospace Systems.
What is RTX’s best-known missile?
The Patriot system, along with AMRAAM, Standard Missile and Tomahawk.
- RTX – 2025 results and 2026 outlook: rtx.com
- RTX – Q2 2026 results: rtx.com
- RTX – Raytheon and Department of War munition agreements: rtx.com
- The Defense Post – LTAMDS contract (17 April 2026): thedefensepost.com
- Overt Defense – Coyote and KuRFS contract: overtdefense.com
- Wikipedia – RTX Corporation, Raytheon Company, Collins Aerospace, Pratt & Whitney
[…] The Hypersonic Attack Cruise Missile is the Air Force’s air-breathing counterpart. Raytheon (RTX) won a $985.3 million contract, with Northrop Grumman supplying the scramjet, Air & Space Forces Magazine reported, and it grew from the US-Australia SCIFiRE partnership. Wikipedia lists Mach 8 and 1,000 nautical miles as design figures, with operational service targeted from fiscal 2027 and a limited number of test flights after schedule delays reported in June 2025. See our RTX profile. […]