RTX Corporation
#3 Defense Contractor · FY2024
Formerly Raytheon Technologies (merged with United Technologies in 2020). Builds Patriot missile systems, Tomahawk cruise missiles, Stinger missiles, and Pratt & Whitney jet engines. Major beneficiary of every US war.
FY2024 Contracts
$18.8B
Rank
#3
Subsidiaries
2
5-Year Contract Trend
FY2020
$20.6B
FY2021
$15B
FY2022
$19.5B
FY2023
$24B
FY2024
$18.8B
Subsidiaries & Divisions
| Entity | FY2024 Awards |
|---|---|
| RAYTHEON COMPANY | $7.8B |
| RTX CORPORATION | $5B |
Follow the Money
RTX Corporation received $18.8B from the Department of Defense in FY2024 alone. Defense contractors spend millions on lobbying and campaign contributions to ensure continued government spending. Every dollar in defense contracts is a dollar not spent on education, healthcare, or infrastructure.