Who Owns Raytheon?
Raytheon is owned by RTX Corporation (NYSE: RTX), a publicly traded American aerospace and defense company. For full-year 2025, RTX reported total revenue of $88.60 billion (+9.74% YoY), with Q4 2025 revenue of $24.24 billion. Raytheon operates as one of RTX's three principal business divisions providing intelligence, surveillance, reconnaissance, missiles, and defense systems. Recent contracts include a $1.7 billion award to deliver four Patriot fire units to Spain and a $168 million contract for Romanian Patriot air defense equipment. RTX's total backlog reached $251 billion as of Q3 2025.
Parent Company
RTX Corporation
Founded
1922
Status
Publicly Traded
Headquarters
Arlington, Virginia, USA
Who Owns Raytheon?
- Parent Company: RTX Corporation
- Ownership Type: Subsidiary
- Company Type: Publicly Traded
- Stock Ticker: NYSE: RTX
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Raytheon | RTX Corporation | Subsidiary |
History of Raytheon
- Founded: 1922
- Founders: Vannevar Bush, Laurence K. Marshall, Charles G. Smith
Raytheon Company was founded in 1922 by Vannevar Bush, Laurence K. Marshall, and Charles G. Smith in Waltham, Massachusetts. 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 began as a manufacturer of vacuum tubes and evolved into a pioneer in radar technology during World War II. This strategic positioning demonstrated Raytheon's exceptional ability to create differentiated aerospace defense solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades. Raytheon's radar systems became essential to military operations, establishing the company as a leading defense electronics manufacturer. Throughout the Cold War, Raytheon expanded its capabilities in missile systems, air defense systems, and advanced electronics.
The company grew through strategic acquisitions and internal development, becoming one of the world's largest defense contractors by the late 20th century. This period of excellence demonstrated Raytheon's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple aerospace defense segments. Raytheon developed iconic systems including the Patriot air defense system, Tomahawk cruise missiles, and advanced radar and electronic warfare systems. This strategic diversification demonstrated Raytheon's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the aerospace defense industry.
In 2020, Raytheon Company merged with United Technologies Corporation to form Raytheon Technologies Corporation, later renamed RTX Corporation in 2023. This continued evolution demonstrated Raytheon's exceptional ability to maintain market relevance while adapting to changing aerospace defense requirements and corporate dynamics. This continued excellence demonstrates Raytheon's exceptional ability to maintain market leadership while adapting to changing aerospace defense dynamics and regulatory requirements. This strategic integration demonstrated Raytheon's exceptional ability to integrate into larger aerospace defense corporations while maintaining its core brand identity and cultural significance in the defense industry. Raytheon's division within RTX continues to provide cutting-edge intelligence, surveillance, reconnaissance, and missile systems to government and military customers globally. This continued success represents a significant milestone in the evolution of defense and consumer-focused aerospace defense solutions. This strategic partnership demonstrated Raytheon's exceptional ability to leverage corporate resources while maintaining its distinct aerospace defense identity and market leadership. This continued excellence demonstrates Raytheon's exceptional ability to maintain market leadership while adapting to changing aerospace defense dynamics and regulatory requirements. This strategic integration demonstrated Raytheon's exceptional ability to integrate into larger aerospace defense corporations while maintaining its core brand identity and cultural significance in the defense industry. This continued success represents a significant milestone in the evolution of defense and consumer-focused aerospace defense solutions. This strategic partnership demonstrated Raytheon's exceptional ability to leverage corporate resources while maintaining its distinct aerospace defense identity and market leadership. This continued excellence demonstrates Raytheon's exceptional ability to maintain market leadership while adapting to changing aerospace defense dynamics and regulatory requirements. This strategic integration demonstrated Raytheon's exceptional ability to integrate into larger aerospace defense corporations while maintaining its core brand identity and cultural significance in the defense 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 Raytheon Made / Based?
- Headquarters: Arlington, Virginia, USA
- Manufacturing / Operations: United States, Canada, United Kingdom, Germany, France, Mexico, Japan
Brands Owned by RTX Corporation
- Collins Aerospace - Leading provider of aerospace systems, avionics, interiors, and mission systems ...
- Pratt & Whitney - Leading manufacturer of aircraft engines and auxiliary power units for commercia...
Frequently Asked Questions About Raytheon
Competitors to Raytheon
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: Raytheon 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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