Raytheon Technologies Corporation (RTX) is a prominent American multinational aerospace and defense conglomerate that emerged from the merger of Raytheon Company and United Technologies Corporation (UTC) in April 2020. The company, headquartered in Arlington, Virginia, has a rich history dating back to 1922 when it began as the American Appliance Company. Today, RTX stands as a leader in the aerospace and defense industry, employing over 180,000 people globally. The company operates through four main segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense.
In the aerospace domain, RTX is involved in the development and manufacturing of a diverse range of products and technologies, including aircraft engines under Pratt & Whitney, components for commercial aviation, business jets, and space systems. On the defense front, RTX is engaged in the production of missiles and defense systems, intelligence and space solutions, cybersecurity, and high-consequence mission technology. The company’s comprehensive portfolio and global reach position it as a key player in shaping the future of aerospace and defense industries.
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Raytheon Technologies Share Price expected growth in upcoming years:
In terms of recent performance, the stock has shown positive trends, with a 6.5% increase year-to-date (YTD). RTX has experienced significant growth in the past, with an average annual growth of 21.6% in the last 10 years and 14.8% in the last 20 years.
RTX is expected to experience moderate growth in the upcoming years, driven by strong demand in both defense and commercial aerospace sectors. RTX’s share price is expected to grow at an average annual rate of 8-12% over the next three years, indicating a positive outlook for investors.
Raytheon Technologies Corporation (RTX) Stock Price Prediction 2024
| Year 2024 | RTX Share Price Prediction 2024 $115.5 |
Raytheon Technologies Corporation (RTX) Stock Price Prediction 2025
| Year 2025 | RTX Share Price Prediction 2025 $210.65 |
Raytheon Technologies Corporation (RTX) Stock Price Prediction 2030
| Year 2030 | RTX Share Price Prediction 2030 $500 |
Raytheon Technologies Corporation (RTX) Stock Price Prediction 2040
| Year 2040 | RTX Share Price Prediction 2040 $1550.5 |
Raytheon Technologies Corporation (RTX) Stock Price Prediction 2050
| Year 2050 | RTX Share Price Prediction 2050 $3550 |
Top Investors in Raytheon Technologies Corporation (RTX):
| Rank | Investor Name | Country | Stake (%) |
|---|---|---|---|
| 1 | The Vanguard Group, Inc. | United States | 8.4% |
| 2 | BlackRock Inc. | United States | 7.2% |
| 3 | State Street Corporation | United States | 6.5% |
| 4 | FMR LLC (Fidelity Management & Research) | United States | 4.8% |
| 5 | Wellington Management Co. LLP | United States | 4.2% |
| 6 | Capital Research & Management Co. (Global Investors) | United States | 3.9% |
| 7 | JPMorgan Chase & Co. | United States | 3.7% |
| 8 | Bank of America Corp. | United States | 3.5% |
| 9 | Geode Capital Management LLC | United States | 3.2% |
| 10 | Dodge & Cox | United States | 3.1% |
Official Site Of Raytheon Technologies Corporation (RTX)
