Who Owns Pratt & Whitney?
Pratt & Whitney is owned by RTX Corporation, a publicly traded American aerospace and defense company. Pratt & Whitney operates as one of RTX's three principal business divisions, designing and manufacturing aircraft engines and auxiliary power units. The company is headquartered in East Hartford, Connecticut, USA, and serves commercial, military, business, and general aviation customers worldwide.
Parent Company
RTX Corporation
Founded
1925
Status
Publicly Traded
Headquarters
East Hartford, Connecticut, USA
Who Owns Pratt & Whitney?
- Parent Company: RTX Corporation
- Ownership Type: Subsidiary
- Company Type: Publicly Traded
- Stock Ticker: NYSE: RTX
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Pratt & Whitney | RTX Corporation | Subsidiary |
History of Pratt & Whitney
- Founded: 1925
- Founders: Frederick B. Rentschler, George J. Mead, George H. Deeds
Pratt & Whitney was founded in 1925 by Frederick B. Rentschler, George J. Mead, and George H. Deeds in Hartford, Connecticut. This founding vision demonstrated exceptional insight into the growing demand for aerospace defense solutions while establishing a distinctive approach that would define the aerospace defense category for generations. The company was established with the vision of creating advanced aircraft engines for the emerging aviation industry. This strategic positioning demonstrated Pratt & Whitney's exceptional ability to create differentiated aerospace defense solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades. Rentschler, a former engineer at Wright Aeronautical, partnered with the Pratt & Whitney Machine Tool Company to secure funding and manufacturing facilities. The company's first engine, the Wasp, achieved immediate success and became the standard powerplant for many early commercial and military aircraft.
Throughout the 20th century, Pratt & Whitney became a dominant force in aircraft engine manufacturing. This period of excellence demonstrated Pratt & Whitney's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple aerospace defense segments. The company developed legendary engines including the R-1830 Twin Wasp used in World War II aircraft, the JT3D turbofan that powered early jet airliners, and the JT9D that revolutionized wide-body commercial aviation. This strategic diversification demonstrated Pratt & Whitney's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the aerospace defense industry. In 1971, Pratt & Whitney became part of United Technologies Corporation.
Following the 2020 merger of Raytheon and United Technologies, Pratt & Whitney became a principal division of RTX Corporation. This continued evolution demonstrated Pratt & Whitney's exceptional ability to maintain market relevance while adapting to changing aerospace defense requirements and corporate dynamics. This continued excellence demonstrates Pratt & Whitney's exceptional ability to maintain market leadership while adapting to changing aerospace defense dynamics and regulatory requirements. This strategic integration demonstrated Pratt & Whitney's exceptional ability to integrate into larger aerospace defense corporations while maintaining its core brand identity and cultural significance in the aircraft-engines industry. The company continues to innovate with modern engines like the Geared Turbofan (GTF) family, which offers improved fuel efficiency and reduced emissions. This continued success represents a significant milestone in the evolution of aircraft-engines and consumer-focused aerospace defense solutions. This strategic partnership demonstrated Pratt & Whitney's exceptional ability to leverage corporate resources while maintaining its distinct aerospace defense identity and market leadership. This continued excellence demonstrates Pratt & Whitney's exceptional ability to maintain market leadership while adapting to changing aerospace defense dynamics and regulatory requirements. This strategic integration demonstrated Pratt & Whitney's exceptional ability to integrate into larger aerospace defense corporations while maintaining its core brand identity and cultural significance in the aircraft-engines industry. This continued success represents a significant milestone in the evolution of aircraft-engines and consumer-focused aerospace defense solutions. This strategic partnership demonstrated Pratt & Whitney's exceptional ability to leverage corporate resources while maintaining its distinct aerospace defense identity and market leadership. This continued excellence demonstrates Pratt & Whitney's exceptional ability to maintain market leadership while adapting to changing aerospace defense dynamics and regulatory requirements. This strategic integration demonstrated Pratt & Whitney's exceptional ability to integrate into larger aerospace defense corporations while maintaining its core brand identity and cultural significance in the aircraft-engines industry.
About RTX Corporation
RTX Corporation operates through three primary business segments serving the aerospace and defense industries. Collins Aerospace specializes in advanced structures, avionics, interiors, mission systems, and power solutions for commercial and military aircraft. Pratt & Whitney designs and manufactures aircraft engines and auxiliary power units for commercial, military, business, and general aviation applications. Raytheon provides intelligence, surveillance, reconnaissance, and missile systems for government and defense customers.
The company employs approximately 185,000 people globally and generates annual revenues exceeding $70 billion. RTX maintains extensive research and development operations focused on advancing aerospace and defense technologies. The company's business model emphasizes innovation, customer focus, and operational excellence across all three divisions.
- Founded: 2020
- Headquarters: Arlington, Virginia, USA
- Company Type: Publicly Traded
- Stock: NYSE: RTX
Where Is Pratt & Whitney Made / Based?
- Headquarters: East Hartford, Connecticut, USA
- Manufacturing / Operations: United States, Canada, United Kingdom, Germany, Japan
Brands Owned by RTX Corporation
- Collins Aerospace - Leading provider of aerospace systems, avionics, interiors, and mission systems ...
- Raytheon - Leading provider of intelligence, surveillance, reconnaissance, missiles, and de...
Frequently Asked Questions About Pratt & Whitney
Competitors to Pratt & Whitney
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Lockheed Martin | USA | 1996 | Mass Market | North America | All Genders | |
| Honeywell | USA | 1906 | Mass Market | North America | Male | |
| Boeing | USA | 1958 | Mass Market | North America | All Genders | |
| Boeing | USA | 1997 | Mass Market | North America | Male | |
| Ge Aerospace | USA | 1917 | Mass Market | North America | All Genders | |
| General Dynamics | USA | 1990 | Mass Market | North America | Male |
Learn More About Competitors

F-35 Lightning II
Owned by Lockheed Martin
Advanced military fighter aircraft program developed and manufactured by Lockheed Martin, representing one of the most advanced defense systems in the world.

Honeywell Aerospace Technologies
Owned by Honeywell International
Leading manufacturer of aircraft engines, avionics, flight management systems, and auxiliary power units for commercial, military, and business aviation.

Boeing Commercial Airplanes
Owned by Boeing
Leading manufacturer of commercial jetliners including the 737, 767, 777, and 787 families serving airlines worldwide.

Boeing Defense, Space & Security
Owned by Boeing
Leading provider of military aircraft, rotorcraft, missiles, and space systems for government and military customers worldwide.

GE Aerospace
Owned by Unknown Company
Independent publicly traded aerospace company that became GE Aerospace on April 2, 2024, when General Electric completed its three-way breakup, retaining the jet engine and aerospace systems business as the standalone GE entity.

General Dynamics Combat Systems
Owned by General Dynamics
Leading manufacturer of armored vehicles, tanks, and weapons systems for military and government customers worldwide.
Competitive Analysis
Market Positioning: Pratt & Whitney competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
RTX Corporation Stock Information
Jobs at RTX Corporation
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