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Company Profiles: Revenue, Growth, Competition

RAYTHEON TECHNOLOGIES Revenue, Growth & Competitor Profile

DBA PRATT & WHITNEY
DBA PRATT WHITNEY-SPARE PARTS DIVISION
DBA RAYTHEON TECHNOLOGIES RESEARCH CENTER
DBA RTX CORPORATION
DBA UNITED TECHNOLOGIES
DBA UNITED TECHNOLOGIES GLOBAL CORPORATION
DBA UNITED TECHNOLOGIES RESEARCH CENTER
DBA UNITED TECHNOLOGIES CORPORATION (UTC)
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Company Awards

Big Fish
Big Fish
Brain Power (IP)
Patent/Trademark IP
 

Company Profile & Annual Report for Raytheon Technologies

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Raytheon Technologies Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry3364 Aerospace Product & Parts Manufacturing
Address400 Main St
East Hartford, CT 06118

utc.com


Raytheon Technologies's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Aerospace Product & Parts Manufacturing industry.


Raytheon Technologies's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Raytheon Technologies is a publicly traded company on using the ticker symbol UTX. Detailed information on company financials and operating reports can be found here: : UTX



Raytheon Technologies Annual Revenue and Growth Rate

Raytheon Technologies Revenue Est.
($ Million)
Growth Rate (%)# Employees
2023 Details in Premium Report
2022
2021
2020
2019


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Raytheon Technologies's revenues are gauged from an analysis of company filings.



Trademark Applications

Trademark applications show the products and services that Raytheon Technologies is developing and marketing. Raytheon Technologies's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
XETA
Downloadable cloud-computing software for use in data management, data analysis, and source code development; Downloadable enterprise software; Downloadable integrated suite of software for enabling defense-grade security for use with commercial off-the-shelf (COTS) devices; Downloadable cloud-computing software for use with commercial off-the-shelf (COTS) devices; Downloadable computer software and computer development tools
08/11/2023
RTX
Maintenance and repair of aircraft, satellite, and weapon systems and components thereof; Information with relation to aircraft repair and maintenance; Aerospace vehicle maintenance, repair and overhaul, including parts and components thereof
06/19/2023
MIKRO SYSTEMS
Parts molding; Manufacturing services for others in the field of radiation detector components, mold components, and structural components for marine and aerospace applications
03/15/2023

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Raytheon Technologies grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Raytheon Technologies is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Aerospace Product & Parts Manufacturing

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Raytheon Technologies's Largest Competitors

A competitive analysis shows these companies are in the same general field as Raytheon Technologies, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
NORTHROP GRUMMAN SYSTEMSFalls Church, VA100 
BOEINGSeattle, WA81 
RAYTHEON TECHNOLOGIESEast Hartford, CT69 
BAE SYSTEMS LAND & ARMAMENTSFalls Church, VA31 
BLUE ORIGINKent, WA19 
SAFRAN USAIrving, TX8 
TRANSDIGMSouth Euclid, OH7 
SPIRIT AEROSYSTEMS HOLDINGSWichita, KS7 
MEGGITT-USASimi Valley, CA7 




Nearby Competitors

These companies are similar in business line and location to Raytheon Technologies. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
RAYTHEON TECHNOLOGIESEast Hartford, CT100 
BEACON GROUPNewington, CT0 
KELL-STROM TOOL INTERNATIONALWethersfield, CT0 
DEMUSZ MFG.East Hartford, CT0 




Future Competition: Raytheon Technologies's Fastest Growing Competitors

These companies are in the same general field as Raytheon Technologies and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Raytheon Technologies Competitors